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The best, worst states for millennial wallets in 2022: Report
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If you're a mid-20-to-early-40-something-year-old living in America – yes, a "millennial" – one report breaks down where your wallet will go the furthest in 2022.
On Tuesday, WalletHub released a study on the best and worst states for millennials based on affordability, education and health, quality of life, economic health and civic engagement.
Recognizing the millennial experience differs nationwide, WalletHub compared all 50 U.S. states and the District of Columbia to determine where the generation has thrived and struggled.
Remaining in the top spot this year is Washington, followed by D.C. and Massachusetts. Mississippi, West Virginia and New Mexico ranked lowest amongst the states.
THESE ARE THE BEST STATES FOR MILITARY RETIREES IN 2022
WalletHub also found that D.C. is home to the highest concentration of millennials, while Connecticut houses the country’s lowest population.
Fox News contributor and The King's College Executive Vice President of Business professor Brian Brenberg was not surprised to see more Mountain West states topping the list this year, including Utah, Oregon and Colorado.
"States like Utah and Idaho are very business-friendly," Brenberg told Fox News Digital Tuesday. "And in terms of regulation, taxation, [they] are very attractive places right now."