Friday, April 25, 2025
52.8 F
Roseville

Roseville is a Top Ten Millennial City

Roseville, Calif – It is no surprise homeownership rates are down, but they are dropping most among millennials, who rates dropped from 40 percent in 2006 to 32 percent in 2015.  According to a recent report from SmartAsset.com which looked at homeownership rates among for homeowners who are less than 35-years old, there are some cities where millennials are going against the trend by buying.

Researchers found in some cities the home ownership rate for millennials is high, such as in Elk Gove and Roseville, California.  In Elk Grove the millennial homeownership rate was 60 percent which is much higher than most other areas.  The lowest reported rate was just 11 percent in Orlando, Florida and Cleveland, Ohio.  The city of Roseville ranked 4th in the millennial homeownership study with a rate of 41 percent which was up 4.2 percent from 2006.

SmartAsset.com identified the following 10 cities as where millennials are buying up homes at the fastest rates:

* Sioux Falls, S.D.
* Elk Grove, Calif.
* Bakersfield, Calif.
* Roseville, Calif.
* Peoria, Ill.
* Cary, N.C.
* Fort Wayne, Ind.
* Chattanooga, Tenn.
* Anchorage, Ak.
* Omaha, Neb.

Homeownership rates are on the decline for all age groups across the country, data from the U.S. Census Bureau shows. This trend is particularly pronounced for millennials, whose homeownership rates dropped from 40% in 2006 to 32% in 2015. With house prices back on the rise, sky-high rents and student loan debt, it’s not surprising that young adults today are struggling to buy their own homes.



Join the local fun!

Coming Up!

Coming Up!

Trending

Roseville DMV Office opening on Saturday, May 3, for REAL ID Appointments

Roseville, Calif. - The California Department of Motor Vehicles (DMV) recently announced the Roseville office at 7200 Galilee Road will offer appointments on Saturday, May 3, from 8 a.m. to 1 p.m., to accommodate customers who want to get a REAL ID

Rocklin Florist

Order flowers online from your florist in Rocklin, Calif.. Rocklin Florist, Inc., offers fresh flowers and hand delivery right to your door in Rocklin.

Lincoln Chamber hosts heartwarming and creative fundraiser

Lincoln, Calif. -The Lincoln Area Chamber of Commerce hosted a heartwarming and creative fundraiser, bringing together the spirit of community and local business support.

Placer County community organizations receive grants from Athens Renewable Energy

Auburn, Calif. - Athens Renewable Energy is proud to recognize Placer Community Foundation, Roseville Urban Forest Foundation, and Gold Country Wildlife Rescue as the grant recipients for the first quarter

Roseville Iron Rose FC Soccer announces 2025 season schedule

Roseville, Calif. - Iron Rose FC kicks off its second season with both a women’s and men’s team competing in the WPSL and TLFC. After a successful women’s season last year the men join the club in 2025.

Topics

Roseville DMV Office opening on Saturday, May 3, for REAL ID Appointments

Roseville, Calif. - The California Department of Motor Vehicles (DMV) recently announced the Roseville office at 7200 Galilee Road will offer appointments on Saturday, May 3, from 8 a.m. to 1 p.m., to accommodate customers who want to get a REAL ID

Rocklin Florist

Order flowers online from your florist in Rocklin, Calif.. Rocklin Florist, Inc., offers fresh flowers and hand delivery right to your door in Rocklin.

Lincoln Chamber hosts heartwarming and creative fundraiser

Lincoln, Calif. -The Lincoln Area Chamber of Commerce hosted a heartwarming and creative fundraiser, bringing together the spirit of community and local business support.

Placer County community organizations receive grants from Athens Renewable Energy

Auburn, Calif. - Athens Renewable Energy is proud to recognize Placer Community Foundation, Roseville Urban Forest Foundation, and Gold Country Wildlife Rescue as the grant recipients for the first quarter

Roseville Iron Rose FC Soccer announces 2025 season schedule

Roseville, Calif. - Iron Rose FC kicks off its second season with both a women’s and men’s team competing in the WPSL and TLFC. After a successful women’s season last year the men join the club in 2025.

Western Placer County adds 279-acres of protected woodland

Auburn, Calif. - A partnership between Placer Land Trust, Placer County, and the Placer Conservation Authority to conserve 279 acres of blue oak woodlands recently closed escrow.

Roseville Music in the Park Concert Schedule 2025

Roseville Music in the Park. FREE summer concert series. Enjoy free family friendly entertainment at Royer Park in Roseville.

Robinson’s Taekwondo in Roseville

Robinson's Taekwondo in Downtown Roseville.

Related Articles

Local Spotlight

Stanford Ranch Family Dentistry in Rocklin serving the local community since 2000

Rocklin, Calif.- For nearly 25 years, Jason and Heather have grown their successful Stanford Ranch Family Dentistry practice by faithfully serving patients throughout the Rocklin, Roseville, and greater South Placer County region. Their business has grown to now employ over a dozen employees which helps them meet the growing demands of a successful local business.

Mobley Pest Services in Roseville serving the community and region for over 20 years

Roseville, Calif.- Fully licensed and bonded, Mobley Pest Services in Roseville has been providing reliable pest control services for well over 20 years. Serving residents and businesses in the greater Placer and Sacramento region, Mobley Pest Services is locally owned and operated in Roseville.

California Fence and Patio serving Placer County for over 30 years

Loomis, Calif. - California Fence & Patio is proud of their reputation as the premier fencing and patio cover contractor in the Roseville,, Sacramento and Placer County region.