American households are likely to see varying growth patterns in their invested assets depending on where they live. The map below shows the estimated average total assets per household in U.S. cities by generation.
Source: WealthComplete® June 2013
Cities with Big Differences in Assets between Millennials and the G.I. Generation
These areas have some of the biggest variations in estimated average total assets per household between Millennials and G.l.s:
- San Jose-Sunnyvale-Santa Clara, CA: Millennials ($257K) – G.I. ($1.3M)
- Naples-Marco Island, FL: Millennials ($180K) – G.I. ($1.1M)
- Santa Barbara-Santa Maria-Goleta, CA: Millennials ($183K) – G.I. ($1.1M)
- Hilton Head Island-Beaufort, SC: Millennials ($82K) – G.I. ($896K)
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