Best cities for Millennial homebuyers

Located on the edge of the Rockies, Denver lures many active young, health conscious adults.

Median home price: $288,000
Job growth: 2.7%

The Mile High City beckons young 20- and 30-somethings who love the city's easy access to world class skiing, camping, hiking and mountain sports.

But it's the city's startup scene and high-growth industries that really lure them in.

Denver has become of the best places to start a business in the nation, according to the Denver Metro Chamber of Commerce.

Related: 10 fastest growing cities

An oil boom and growth in the healthcare and business services sectors has also helped to attract young professionals and boost area wages.

With median household income almost 20% higher than the national median, many buyers can afford Denver's higher than average home prices, according to NAR.

First published June 23, 2015: 11:06 AM ET

Source: National Association of Realtors
Rankings were based on employment data, median home prices, home price growth and affordability, as well as the percentage of Millennials living in the metro area and their share of all age groups moving to the area. Median home prices data is for the first quarter of 2014, while job growth figures are for the 12 months through May 2014.

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