(Updated at 2:25 p.m.) Arlington’s 22201 ZIP code, which contains Clarendon, Courthouse Virginia Square and part of Ballston, is the top area for “educated millennials” in the country, according to a new report.
Redfin, a real estate firm, released a study that found 22201 has the highest percentage educated people between the ages of 25 and 34 in the country, at 44 percent. Just behind 22201 is the 22209 ZIP code, which comprises all of Rosslyn and Ft. Myer Heights, with 43 percent.
In addition to sporting the most millennials per capita of any ZIP code in the country, Arlington also has by far the highest median income of any of the top 25 millennial-dense neighborhoods, according to Redfin’s data. 22201 is first at $110,300, 22203 — 16th in density at 30 percent — is second at $100,900. The 22206 ZIP code, which includes Shirlington, is 14th in density at 32 percent and third in income at $95,000, while 22209 is fourth in income at $94,100.
Two ZIP codes in Chicago trail immediately behind Arlington in terms of millennials per capita, with a Miami ZIP code ranked fifth. Washington, D.C.’s 20009 (Columbia Heights and Adams Morgan) is seventh in the country and 20008 (Woodley Park, Cleveland Park and north of Dupont Circle) is 18th.
“Redfin’s report looks at the common attributes of millennial ZIPs,” said Redfin’s Alina Ptaszynski. “Not surprisingly they are diverse, urban areas that are expensive places to live and buy a home.”
In addition to having the highest percentage of — and arguably the richest — millennials in the nation, Clarendon was named the D.C. area’s “best neighborhood for millennials” earlier this year by Niche.com.
Unsurprisingly, Redfin found that millennials across the U.S. have a lower rate of home ownership than the population as a whole — 42 percent for millennials compared to 65 of the overall population.
Image via City-Data
Good Wednesday evening, Arlington. Today we published articles that were read a total of 14291 times… so far. 📈 Top stories The following are the most-read articles for today —…
ARLnow has been providing independent, in-depth coverage of Arlington since 2010. We are committed to keeping readers informed about the issues that matter most to the community, including those that…
Residents of The Shelton, an affordable housing development in the Green Valley neighborhood, are raising concerns about property management and poor treatment of residents. They previously raised these same issues…
This spring, Arlington County began buying up properties in the Waverly Hills area to combat flooding. Already, despite some concerns about how the program would work, three residents have agreed…
Is home ownership a goal of yours in 2023? Now is the time to make it happen! Grab a (virtual) drink with the area’s top Real Estate experts, learn all about the home buying process and on how you can get $1,500 towards your closing costs immediately!
Did you know the average Arlington renter will spend $150K in 5 years of renting? Stop paying down someone else’s mortgage! Join us for a Rent vs. Buy Happy Hour on Wednesday, June 7th at 6 p.m. via Zoom. If this time doesn’t work, we also are offering times convenient for your schedule!
A lot has happened in the local market since the beginning of the pandemic. Sip on your drink of choice and learn from Northern Virginia, Arlington and Washingtonian Magazines top producing agents! We will discuss the latest market updates, the home buying process and rent vs. buy cost savings. Please RSVP by clicking here.
Call/text Manavi at 703-869-6698 with any questions!
Mason Square hosts dynamic weekly programming and ongoing special events, open to the Mason and greater Arlington community. All activities are free and open to the public. Join us at Mason Square today!
Homebuying 101: Steps to Getting Pre-Approved
Are you ready to jump into homeownership or started considering it but don’t know where to start? Financial preparation is key when thinking about purchasing your first home and the first step to getting pre-approved.
Join ACFCU’s mortgage loan officers
4th of July Celebration & Fireworks
Treat yourself this Independence Day with a world-class, private 4th of July extravaganza at the Military Women’s Memorial – a premier National Capital Region site.
Great food, fun, and the best views of Washington DC’s spectacular fireworks display. Relax, enjoy,