Skip to Main Content
Georgia News

Report: This is how much money millennials make in Georgia

Najja Parker
July 25, 2018

There are several factors that attract millennials to different states, and salary is likely high on the list.

» RELATED: These are the 10 best suburbs in Atlanta for millennials, according to Niche

HowMuch, a personal finance site, recently conducted a study to determine how much young people make annually in every state and Washington, D.C.

To do so, they gathered data from the U.S. Census Bureau to track the average amount of money made by people born between 1982 and 2000. Analysts then adjusted the average earnings based on the cost of living in each state, according to the Bureau of Economic Analysis.

So, how did Georgia place?

It was No. 37 on the list. Millennials rake in $60,851 a year. In fact, many of the states in the South fell to the bottom of the pack. Young people make less than $60,000 in Tennessee, Arkansas, Louisiana, Florida and Mississippi.

“The South clearly stands out as a lackluster region for millennials in the labor market,” the researchers noted.

However, they said the biggest surprise was the West Coast, which didn’t look much different from the South. They wrote, “This highlights the fact that big tech companies are creating great jobs for a select group of skilled workers, but if making the most money is your primary goal, you have a better chance of succeeding if you move to Nebraska instead of California.”

Want to know how other areas fared? Take a look at the map of findings here, and check out the ten places where millennials earn the most money below.

1. Massachusetts: $80,307

2. Minnesota: $77,090