Credit score in leading Gen Z housing markets U.S. 2020

In 2020, the average credit score of Gen Z mortgage applicants in the top 10 metros for Gen Z home buyers in the United States was between 652 and 676. Salt Lake City, UT, which was the hottest market for Generation Z home buyers, had an average credit score of 676. Out of the 10 most popular metros, Cincinnati, OH, was the most affordable.

Average credit score in the metros with the highest share of Generation Z home buyers in the United States in 2020 (in U.S. dollars)

Characteristic	Average credit score
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Release date

May 2021

More information

Region

United States

Survey time period

2020

Special properties

Generation Z

Supplementary notes

The source adds the following information: "LendingTree used generational definitions, from the Pew Research Center, to define the age range for Gen Zers as being born between 1997 and 2012.
Metropolitan statistical area (MSA) rankings were generated by looking at the percentage of total purchase mortgage requests from Gen Z borrowers on the LendingTree platform. The larger the share of requests from Gen Zers, the higher ranking a metro area received.
Borrower data was derived from mortgage requests and offers — given to users of the LendingTree mortgage shopping platform — across the nation’s 50 largest metropolitan areas from Jan. 1, 2020, to Dec. 31, 2020."

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