Gen Xers—the highest-earning generation, with a median income of $113,300—make up a quarter of home buyers, according to National Association of REALTORS® data. And they’re choosing specific areas to call home.
SmartAsset, a financial resource, identified the top states where Gen Xers who earn at least $100,000 annually are moving. Southern and Western states dominate the list. Some have no state income tax, which could be a factor driving more high-earning Gen Xers there, researchers say.
Source: “Where Rich Generation Xers Are Moving—2021 Edition,” SmartAsset (July 21, 2021)
