By Cassidy Trowbridge | Phoenix Business Journal
Just over half of all Phoenix homes can be purchased by a millennial, according to a data release by Zillow.
Phoenix millennials are able to afford only 56 percent of listings, compared to 70 percent nationally.
Using Census data and Zillow (Nasdaq: Z) listings, the company found the median income of those ages 23 to 34 and compared the prices of listings to 30 percent of their income.