Photo by Samer Farha.
Arlington? More like Arlingtons of money. If you’re looking for the millennials who have eschewed their parents’ basements for pools of their own money, just cross the Key Bridge.
New data from Zillow found that 8.7 percent of 22 to 34-year-old-led households in Arlington make more than $350,000. That’s a larger percentage than people in the 55 and older age bracket living in the suburb, 7.9 percent of whom made more than $350k per year. Leaves them plenty of money to support local innovation.
Washington D.C. made the top 10 list as well, tying New York City for eighth place. In the District, 2.8 percent of millennial-led households make $350,000 a year.
Making $350,000 might sound like a lot of money, but it’s not enough to be considered part of the much-decried “top one percent.” Instead, it makes you a top two-percenter, according to this nifty New York Times map.
So … where are all you wealthy millennials hanging out?
Updated to note that the study refers to millennial-led households.
Rachel Kurzius