Utah is the best state for ... millennials?

The Utah state Capitol on the opening day of the Utah State Legislature Monday, Jan. 23, 2012. | Scott G Winterton, Deseret News

A new report suggest Utah is a good spot for the millennial generation

Utah is seen as the best state for the millennial generation, according to a new report.

What’s going on: Career expert website Zippia recently ranked the best states for millennials. Utah ranked as the top choice.

Top states: Here’s a breakdown of the top 10:

1. Utah
2. Iowa
3. Wyoming
4. North Dakota
5. Minnesota
6. New Hampshire
7. Idaho
8. South Dakota
9. Nebraska
10. Montana

Method: Zippia ranked each state on a scale of 1 to 50 on these four factors:

• Millennial unemployment rate
• Average student loan debt
• Millennial home ownership rate
• Percent of millennials living in poverty

Utah: So why did Utah rank so high?

• 4% unemployment rate
• 43% home ownership for millennials
• 10% poverty rate
• $28,422 average student debt

The report explained:

“Seeing Utah top the list may startle some, but the ‘Salt Lake State’ has a lot to offer millennials. Only 10% of millennials live in poverty there (the best rates in the nation) and they have a substantial chance of being homeowners. It’s not so bad being a millennial in Utah.”

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