Data analysis from a real estate website finds Central Valley towns ill-suited to millennials.
Written by The Business Journal Staff
Along with getting married, having children and owning a home, Fresno is joining the list of things supposedly not popular with millennials.
RealtyHop, a home sales and data website, released a study ranking the Best Metro Areas for Millenials in 2018 with Fresno falling on the lower end with a rank of 440 overall, earning a “D” Grade.
Topping the list at No. 1 is Omaha-Council Bluffs, Iowa; followed by Des Moines, Iowa; and Pittsburgh, Pennsylvania.
Other Central Valley cities didn’t score particularly high either. Out of 448 areas ranked, Madera was dead last with a score of 448, for a “D” grade. Visalia-Porterville scored a 445, also good for a “D.”
Hanford-Corcoran earned the best ranking of Central Valley towns with 332 – good for a “D+.”
To determine the rankings, RealtyHop analyzed metrics including median home value, median household income for persons aged 25-44, home value to income ratio, labor force participation rate for persons aged 25-29, and percentage of residents with a Bachelor’s Degree or higher.