Report: Florida is a national leader in wooing wealthy millennials

A new study shows Florida is a national leader in attracting wealthy millennials to relocate to state. 

That influx, according to the report from travel content provider Upgraded Points, has led Florida to gain nearly $7 billion in its tax base, among other highlights. 

The millennial generation — those currently aged 27-42 — has faced many challenges, including the 2008-09 recession, higher levels of student loan debt and unmoving wage growth. But the study says things are looking up for the generation. It currently makes up the largest segment of the labor force as well as make up the majority of homebuyers.