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Got your mind on “Young Money”?

• Last week, we showed you where the nerds live (aka, people who work in STEM occupations.) According to age-old parental wisdom, being a nerd means you’ll probably be rich when you grow up! But with “grown-up” status still mocked as iffy for Millennials—ages 25 to 34—are those science fair ribbons paying off?

• This map shows the predominant income for Millennials by zip code across the metro. Compare it to what we learned last week (top left), there’s correlation between the high-earning Millennial and STEM populations.

• “Young Money” refers to Millennials that earn more than $100,000 annually. Knowing talent and retention are top-of-mind, consider the predominant income profile among Millennials to make an informed site selection decision.

• Curious about the orange dots? Among Millennials in these zip codes, more are in the $200,000+ salary range than any other income bracket. Keep in mind, the size of the dot speaks for the total number of Millennials in that zip code. So if you’re hoping to hire Millennials, it’s probably a relief to know that very few will expect to make more than $200,000 a year. 

Source: Bureau of Labor Statistics, EMSI, JLL Research

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