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Top 20 Zip Codes for Older Millennial Homebuyers

gorodenkoff / Getty Images
gorodenkoff / Getty Images

When choosing a place to live, millennials that are the slight older side (ages 33 to 40) are willing to move for the lifestyle they want — even if it means living away from family and friends. (After all, technology makes the distance feel shorter.) A surprising number have or are willing to relocate for work, and most will give up specific home features to get a place in a neighborhood they fall in love with. Chances are that the neighborhood is pet-friendly, walkable, and community-focused, with plenty of evening and weekend activities to enjoy.

See: Arizona’s Retirees Are Fleeing: Here’s Where They’re Settling
More: Owe Money to the IRS? Most People Don’t Realize They Should Do This One Thing

Homebuyer.com reviewed FFEIC data to find the top zip codes for older millennial home buyers. This information provides insight into the communities attracting Gen Y, based on the real estate activity there. Here’s a quick look at where they’re moving (in ascending order), what they’re paying, and how much they earn.

shuttersv / Shutterstock.com
shuttersv / Shutterstock.com

20. 72712 — Bentonville, Arkansas

  • Metro area: Bentonville

  • Population: 57,868

  • Median sale price: $508,552

  • Median household income: $89,653

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Sponsored: Owe the IRS $10K or more? Schedule a FREE consultation to see if you qualify for tax relief.

©iStock.com
©iStock.com

19. 78132  — Schertz, Texas

  • Metro area: San Antonio

  • Population: 43,010

  • Median sale price: $347,500

  • Median household income: $87,492

I’m a Real Estate Agent: Don’t Buy Real Estate in These 5 States If You Want To Be Rich in a Decade

Dean Mitchell / iStock.com
Dean Mitchell / iStock.com

18. 78132  — Derby, Colorado

  • Metro area: Denver

  • Population: 8,995

  • Median sale price: $325,000

  • Median household income: $67,729

Feverpitched / Getty Images/iStockphoto
Feverpitched / Getty Images/iStockphoto

17. 33076 — Parkland, Florida

  • Metro area: Fort Lauderdale

  • Population: 36,895

  • Median sale price: $1,120,392

  • Median household income: $174,295

AleksandarGeorgiev / iStock.com
AleksandarGeorgiev / iStock.com

16. 75454 — Anna, Texas

  • Metro area: Dallas/Fort Worth

  • Population: 23,558

  • Median sale price: $374,000

  • Median household income: $77,787

See: 10 Most Affordable New York City Neighborhoods

Hispanolistic / Getty Images
Hispanolistic / Getty Images

15. 76537 — Jarrell, Texas

  • Metro area: Austin

  • Population: 16,393

  • Median sale price: $313,190

  • Median household income: $83,090

©Shutterstock.com
©Shutterstock.com

14. 91381 — Santa Clarita, California

  • Metro area: Los Angeles

  • Population: 221,345

  • Median sale price: $780,000

  • Median household income: $106,166

Double I Media / Shutterstock.com
Double I Media / Shutterstock.com

13. 43016 — Dublin, Ohio

  • Metro area: Columbus

  • Population: 48,998

  • Median sale price: $443,050

  • Median household income: $145,828

Find Out: 5 Expensive Home Renovations That You’ll Probably Regret

hapabapa / Getty Images/iStockphoto
hapabapa / Getty Images/iStockphoto

12. 33837 — Davenport, Florida

  • Metro area: Orlando

  • Population: 13,485

  • Median sale price: $357,495

  • Median household income: $56,345

nycshooter / iStock.com
nycshooter / iStock.com

11. 34638 — Land O’ Lakes, Florida

  • Metro area: Tampa

  • Population: 38,674

  • Median sale price: $381,000

  • Median household income: 84,146

andresr / Getty Images
andresr / Getty Images

10. 78023 — Helotes, Texas

  • Metro area: San Antonio

  • Population: 9,597

  • Median sale price: $425,000

  • Median household income: $115,236

I’m a Real Estate Agent: Here Are 7 Ways People Destroy the Value of Their Homes in Less Than a Year

Feverpitched / iStock.com
Feverpitched / iStock.com

9. 78002 — Atasosa County, Texas

  • Metro area: San Antonio

  • Population: 50,864

  • Median sale price: $235,000

  • Median household income: $63,391

©Shutterstock.com
©Shutterstock.com

8. 80108 — Castle Rock, Colorado

  • Metro area: Denver

  • Population: 80,191

  • Median sale price: $699,500

  • Median household income: $121,388

Jeff Holcombe / Shutterstock.com
Jeff Holcombe / Shutterstock.com

7. 34771 — St. Cloud, Florida

  • Metro area: Orlando

  • Population: 64,489

  • Median sale price: $366,000

  • Median household income: $65,274

Downsizing for Retirement? Stay Away From These 7 Homes

DeborahMaxemow / Getty Images
DeborahMaxemow / Getty Images

6. 33545 — Wesley Chapel, Florida

  • Metro area: Tampa

  • Population: 65,134

  • Median sale price: $415,480

  • Median household income: $93,617

Davey Borden / Flickr.com
Davey Borden / Flickr.com

5. 29483 — Summerville, South Carolina

  • Metro area: Charleston

  • Population: 51,617

  • Median sale price: $334,570

  • Median household income: $64,507

Andrew Fuller / Shutterstock.com
Andrew Fuller / Shutterstock.com

4. 75035 — Frisco, Texas

  • Metro area: Dallas

  • Population: 219,587

  • Median sale price: $645,990

  • Median household income: $143,210

Here: Kevin O’Leary Says a Coming Real Estate Collapse Will Lead to ‘Chaos’ – Here’s What You Need To Know

©Shutterstock.com
©Shutterstock.com

3. 95630 — Folsom, California

  • Metro area: Sacramento

  • Population: 83,269

  • Median sale price: $718,750

  • Median household income: $128,421

©Shutterstock.com
©Shutterstock.com

2. 77493 — Katy, Texas

  • Metro area: Houston

  • Population: 25,253

  • Median sale price: $365,000

  • Median household income: $115,250

Sean Pavone / Shutterstock.com
Sean Pavone / Shutterstock.com

1. 78245 — San Antonio, Texas

  • Metro area: San Antonio

  • Population: 1,472,909

  • Median sale price: $270,000

  • Median household income: $55,084

I’m a Luxury Real Estate Agent: These Are the 5 Home Features That Turn Buyers Away

Prostock-Studio / Getty Images/iStockphoto
Prostock-Studio / Getty Images/iStockphoto

Final Take

The path to homeownership has been challenging for older millennials. Throughout their adult years, this cohort navigated some rocky economic situations, including a global financial crisis and pandemic. Despite record-high home prices nationwide, nearly half of all first-time home buyers in 2023 are a part of this group. As they settle into middle age and their new homes, they’re looking for places to become part of the local community and thrive in their personal and professional lives. These spots are hitting the spot.

KatarzynaBialasiewicz / Getty Images/iStockphoto
KatarzynaBialasiewicz / Getty Images/iStockphoto

FAQ

What are the wealthiest zip codes?

The wealthiest people in the United States live in New York, California, Illinois and Texas. New York also tops the spots where ultra-high-net-worth individuals own property, followed by California, Florida, Illinois and Washington D.C. Here are the top zip codes in these states, based on the average income in the area:

  • 11765 (Mill Neck, New York)

  • 94027 (Atherton, California)

  • 60043 (Kenilworth, Illinois)

  • 77010 (Houston, Texas)

  • 33109 (Miami Beach, Florida)

  • 20015 (Washington D.C.)

What are the most popular zip codes?

  • 06489 (Southington, Connecticut)

  • 07450 (Ridgewood, New Jersey)

  • 01810 (Andover, Massachusetts)

  • 18064 (Nazareth, Pennsylvania)

  • 46322 (Highland, Indiana)

  • 48183 (Trenton, Michigan)

  • 06851 (Norwalk, Connecticut)

  • 14534 (Pittsford, New York)

  • 63021 (Ballwin, Missouri)

What are the top zip codes for millennials in California?

Texas and Florida may be attracting record numbers of older millennials. Still, Santa Clarita (Los Angeles) and Sunnyvale (San Jose) are California hotspots for Gen Y. This group makes up about 40% of the total population in each city. They account for 12% and 13% of the new residents. The most populated zip code in Santa Clarita is 91350, and 94087 is in Sunnyvale.

This article originally appeared on GOBankingRates.com: Top 20 Zip Codes for Older Millennial Homebuyers

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