"Portrait of the Average American Millennial: Parent, Homeowner, and Hopeful for Student-Debt Relief"

The average American millennial is financially better off than they were five years ago, with higher salaries allowing many to grow their wealth and buy homes. However, they still face the weight of student debt and childcare costs, which may leave them worse off than prior generations. The typical US millennial makes between $52,000 and $62,000 a year, with a net worth of $128,000.