Where are millennials buying homes? Roseville.

Last Updated: 1/13/2017

Where are millennials buying homes? Roseville.

Roseville ranks 4th nationally for places people under-35 are buying homes, according to SmartAssets.com

Homeownership rates for young adults are on the decline nationwide, but Roseville is one of the few cities in which under-35 homeownership rose from 2006-2015.

Roseville had the 13th-highest rate of homeownership among 18-34 year-olds in 2015 at 41%. 

This was up 4.2% from 2006, which is the fifth-largest increase in the SmartAssets' study.

In order to rank the places where millennials are buying homes, SmartAssets looked at homeownership rates among households where the head of the household was less than 35 years old. They gathered data on the percentage of those households who owned their homes in 2006 and in 2015 for 200 of the largest cities.

They then ranked the 200 cities according to the under-35 homeownership rate in 2015 and the change in the under-35 homeownership rate between 2006 and 2015. The data came from the U.S. Census Bureau’s 2015 and 2006 1-Year American Community Surveys.