- Information company Zippia released its ranking of the worst states for millennials in November.
- To determine which states were the worst, Zippia considered millennial unemployment rates, average student loan debt, millennial homeownership rates, and the percentage of millennials who were living in poverty in each area.
- It found that the District of Columbia was the worst place to be a millennial, with a millennials unemployment rate of 6% and average student loan debt of $60,039.
- Visit Business Insider's homepage for more stories.
By now, everyone knows that millennials have it hard — or at least, harder than other generations.
As Hillary Hoffower for Business Insider previously reported, millennials hold only 3% of the total wealth in the United States, while baby boomers account for nearly 60% of the country's wealth.
"Gen X and millennials haven't even reached these wealth levels. Thus far, Gen X only comprises about 16% of US wealth," Hoffower wrote. "And perhaps most strikingly, the line for millennials is almost completely flat: They've barely seen any increase in net worth, coming in at less than 5% of total US wealth in 2019."
But there are some places where it's better to be a millennial than others, and information firm Zippia has the data to prove it.
Zippia determined the best and worst states by taking each state and the District of Columbia, then ranking them based on factors including millennial unemployment, average student loan debt, millennial homeownership rates, and the percentage of millenials who were living in poverty in that state. These factors were then averaged together to determine ac
As result, the study found that the District of Columbia was the worst place to be a millennial, with an unemployment rate of 6% for that age range — significantly steeper than the current national employment rate of 3.7%. On top of that, Zippia's researchers found that DC millennials have an average student loan debt of just over $60,000.
Keep reading to see which states rounded out the top 15, listed in order from least bad to worst.
SEE ALSO: Here's how much money you have to earn to be considered rich in 42 major US cities
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15. New Jersey
Millennial unemployment rate: 7.3%
Average student loan debt: $35,011
According to a 2018 study, 12.5% of millennials in New Jersey still live at home with their parents, Business Insider previously reported.
14. Oregon
Millennial unemployment rate: 7.1%
Average student loan debt: $33,419
According to a 2018 study, 7.3% of millennials in Oregon live at home with their parents, Business Insider previously reported.
13. Rhode Island
Millennial unemployment rate: 7.5%
Average student loan debt: $32,341
According to a 2018 study, 10.4% of millennials in Rhode Island live at home with their parents, Business Insider previously reported.
12. Illinois
Millennial unemployment rate: 7.3%
Average student loan debt: $37,470
According to a 2018 study, 10.8% of millennials in Illinois live at home with their parents, Business Insider previously reported.
11. Tennessee
Millennial unemployment rate: 7.3%
Average student loan debt: $34,283
According to a 2018 study, 8.8% of millennials in Tennessee live at home with their parents, Business Insider previously reported.
10. Mississippi
Millennial unemployment rate: 10%
Average student loan debt: $33,261
According to a 2018 study, 10.8% of millennials in Mississippi live at home with their parents, Business Insider previously reported.
9. Louisiana
Millennial unemployment rate: 8%
Average student loan debt: $33,860
According to a 2018 study, 10.6% of millennials in Louisiana live at home with their parents, Business Insider previously reported.
8. Alabama
Millennial unemployment rate: 8%
Average student loan debt: $34,861
According to a 2018 study, 9.9% of millennials in Alabama live at home with their parents, Business Insider previously reported.
7. South Carolina
Millennial unemployment rate: 7%
Average student loan debt: $37,249
According to a 2018 study, 9.2% of millennials in South Carolina live at home with their parents, Business Insider previously reported.
6. California
Millennial unemployment rate: 7%
Average student loan debt: $34,449
According to a 2018 study, 12.2% of millennials in California live at home with their parents, Business Insider previously reported.
5. North Carolina
Millennial unemployment rate: 7%
Average student loan debt: $36,246
According to a 2018 study, 8.7% of millennials in North Carolina live at home with their parents, Business Insider previously reported.
4. Florida
Millennial unemployment rate: 7%
Average student loan debt: $35,709
According to a 2018 study, 10.2% of millennials in Florida live at home with their parents, Business Insider previously reported.
3. New York
Millennial unemployment rate: 7%
Average student loan debt: $38,734
According to a 2018 study, 12.2% of millennials in New York live at home with their parents, Business Insider previously reported.
2. Georgia
Millennial unemployment rate: 8%
Average student loan debt: $37,284
According to a 2018 study, 10.3% of millennials in Georgia live at home with their parents, Business Insider previously reported.
1. District of Columbia
Millennial unemployment rate: 6%
Average student loan debt: $60,039
According to a 2018 study, 6.9% of millennials in Washington D.C. live at home with their parents, Business Insider previously reported.
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