Worcester's millennials are now mostly homeowners

By the numbers: Worcester's millennial homeowners grew 80% between 2018 and 2023, faster than the national growth rate, according to data from RentCafe.

• That pushed ownership to 55% of the Worcester metro's Gen Y households.
• Renting rose too, up nearly 13% in the same span, a sign Worcester is drawing millennials on both ends of the housing ladder.

Boston, though, remains a renter-majority area for millennials, with roughly 48% owning and 52% renting.

Between the lines: Worcester's relative affordability compared with Boston is a big factor, giving millennials a real path from renting to owning.

What's next: Springfield trails a similar trajectory, with ownership growth nearing 80% over five years.

The bottom line: Boston's millennials are inching toward a homeownership majority, but Worcester already got there.