"Due to their age and income, they may be more prone to moving for economic and lifestyle opportunities than some older counterparts," SmartAsset managing editor Jaclyn DeJohn wrote in a Sept. 17 article.
"With a longer time frame for careers and investments in front of them, Gen Zers could potentially have a larger lifetime impact on their communities," DeJohn added.
California had a net loss of 52 high-earning Gen Z households, according to a SmartAsset study that analyzed IRS data from recent tax returns.
Californians earning over $200,000 represent only 0.53% of all wealthy households in the state, indicating a small but significant demographic.
[
Collection
]
[
|
...
]