Maine Millennials are Few, Poor, and Depressed
According to WalletHub, millennials have huge purchasing power and higher education attainment but are economically worse off than their parents. One estimate stated millennials today earn approximately 20% less than Baby Boomers when they were young adults.
So where are millennials best off and worst off? Unfortunately, Maine doesn't rank high compared to the rest of the country.
WalletHub compared all 50 sates and the District of Columbia looking at things like millennial unemployment, voter-turnout, earnings, and homeownership rate.
Overall, Maine placed #34 out of 51.
Maine ranks dead last at #51 for lowest % of millennials in the state:
47. New Jersey
49. New Hampshire
50. West Virginia
Rounding out the lowest average earnings for millennials we come in at #47:
New England rounds out the highest % of millennials with depression:
48. West Virginia
51. New Hampshire
The good news? Maine millennials rank #1 for highest % of civic engagement!
For more statistics and to see where other states rank, check out WalletHub.com