Massachusetts is the best state in the union for millennials, according to a new report.
Financial literacy site WalletHub ranked the 50 states and the District of Columbia on dozens of measures such as quality of life, housing, and education and health; and found that our very own commonwealth ranked at the top, just ahead of D.C.
Massachusetts scored particularly high among shares of millennials with health insurance and when it came to average monthly income.
Still, though, the top-place finish is a little startling given the state’s high housing costs (particularly in the eastern half that the Boston region dominates), its worst-in-America congestion, and its generally high cost of living.
Perhaps opportunity itself trumps all. The WalletHub study appeared to put particular weight on economic and employment opportunities. Massachusetts’ unemployment rate is 3.5 percent, lower than the national rate. And remunerative industries—tech and life sciences in particular—animate much of the state’s economy. What’d you think?