25 of the top ZIP codes where rich millennials are snapping up homes across the US

Thanks to a more expensive real-estate market, the typical millennial is renting longer and buying later. But some rich millennials are ahead of the curve and have already achieved the homeownership milestone. But just where are these rich millennials living?

We teamed up with Trulia to find the most expensive ZIP codes with millennial homeowners. Using 2017 US Census data for households aged 25-34, Trulia looked at American ZIP codes within the top 10% of highest home values and top 10% of highest millennial homeownership rate. The latter refers to the percentage of millennials who own homes — as opposed to renting homes — in the ZIP. Only ZIP codes with at least 100 millennial-occupied housing units were considered for the purposes of this article.

Turns out, many rich millennials own homes in the northeast — ZIP codes in New York, Massachusetts, and New Jersey make the list several times. A few ZIP codes out west, in Colorado, California, and Washington, are also home to rich millennial homeowners.

See below for the top places where rich millennials own homes in the US. Note that this article is not a ranking.  

25 PHOTOS
Top U.S. ZIP codes where rich millennials are buying houses
See Gallery
Top U.S. ZIP codes where rich millennials are buying houses

98019: Duvall, Washington

Courtesy of Trulia

Median home value: $603,200

Millennial homeownership rate: 88%

Photo credit: Trulia

48301: Bloomfield Hills, Michigan

Courtesy of Trulia

Median home value: $516,500

Millennial homeownership rate: 89%

Photo credit: Trulia

21146: Severna Park, Maryland

Courtesy of Trulia

Median home value: $517,100

Millennial homeownership rate: 89%

Photo credit: Trulia

11566: Merrick, New York

Courtesy of Trulia

Median home value: $555,000

Millennial homeownership rate: 89%

Photo credit: Trulia

02332: South Duxbury, Massachusetts

Courtesy of Trulia

Median home value: $616,100

Millennial homeownership rate: 89%

Photo credit: Trulia

94517: Clayton, California

Courtesy of Trulia

Median home value: $825,200

Millennial homeownership rate: 89%

Photo credit: Trulia

60022: Glencoe, Illinois

Courtesy of Trulia

Median home value: $884,800

Millennial homeownership rate: 89%

Photo credit: Trulia

07458: Saddle River, New Jersey

Courtesy of Trulia

Median home value: $938,800

Millennial homeownership rate: 89%

Photo credit: Trulia

94028: Portola Valley, California

Courtesy of Trulia

Median home value: $3,729,300

Millennial homeownership rate: 89%

Photo credit: Trulia

07423: Ho-Ho-Kus, New Jersey

Courtesy of Trulia

Median home value: $741,000

Millennial homeownership rate: 90%

Photo credit: Trulia

94506: Danville, California

Courtesy of Trulia

Median home value: $1,356,300

Millennial homeownership rate: 90%

Photo credit: Trulia

20105: Aldie, Virginia

Courtesy of Trulia

Median home value: $506,800

Millennial homeownership rate: 91%

Photo credit: Trulia

02420: Lexington, Massachusetts

Courtesy of Trulia

Median home value: $1,001,700

Millennial homeownership rate: 91%

Photo credit: Trulia

22066: Great Falls, Virginia

Courtesy of Trulia

Median home value: $1,072,900

Millennial homeownership rate: 91%

Photo credit: Trulia

63131: St. Louis, Missouri

Courtesy of Trulia

Median home value: $608,800

Millennial homeownership rate: 92%

Photo credit: Trulia

07649: Oradell, New Jersey

Courtesy of Trulia

Median home value: $590,000

Millennial homeownership rate: 93%

Photo credit: Trulia

02061: Norwell, Massachusetts

Courtesy of Trulia

Median home value: $632,600

Millennial homeownership rate: 93%

Photo credit: Trulia

07922: Berkeley Heights, New Jersey

Courtesy of Trulia

Median home value: $604,600

Millennial homeownership rate: 94%

Photo credit: Trulia

10804: New Rochelle, New York

Courtesy of Trulia

Median home value: $730,600

Millennial homeownership rate: 94%

Photo credit: Trulia

80007: Arvada, Colorado

Courtesy of Trulia

Median home value: $621,500

Millennial homeownership rate: 95%

Photo credit: Trulia

10514: Chappaqua, New York

Courtesy of Trulia

Median home value: $851,500

Millennial homeownership rate: 95%

Photo credit: Trulia

11024: Great Neck, New York

Courtesy of Trulia

Median home value: $2,283,900

Millennial homeownership rate: 95%

Photo credit: Trulia

10532: Hawthorne, New York

Courtesy of Trulia

Median home value: $540,000

Millennial homeownership rate: 96%

Photo credit: Trulia

07626: Cresskill, New Jersey

Courtesy of Trulia

Median home value: $642,900

Millennial homeownership rate: 96%

Photo credit: Trulia

80908: Colorado Springs, Colorado

Courtesy of Trulia

Median home value: $518,900

Millennial homeownership rate: 98%

Photo credit: Trulia

HIDE CAPTION
SHOW CAPTION
of
SEE ALL
BACK TO SLIDE

More from Business Insider: 
I visited more than 20 countries in a year of traveling for work. Here are the 5 most unforgettable places I saw, and exactly what you should do there to get off the standard tourist route. 
5 easy tricks to avoid looking stupid when ordering wine in public — while still getting exactly what you like 
American millennials have less money than other generations did at their age — but studies show an alarming amount of them have delusional ideas about their wealth

SEE ALSO: Forget the Upper East Side — Manhattan's richest neighborhood is all about subtle wealth, and it shows a major evolution in how the elite are living

DON'T MISS: Rich millennials are buying vacation homes before starter homes. There are 3 things you should consider before buying one, says a financial expert.

Read Full Story