The top 10 ZIP codes where America's wealthiest millennials live, ranked

10. 90275: Rancho Palos Verdes/Rolling Hills Estates is located on the coast in southern Los Angeles County, California.

Ranchos Palos Verdes is one of the richest neighborhoods in Los Angeles, according to Curbed. Jefferson Graham of USA Today called it Los Angeles County's "hidden, rural, coastal gem."

9. 20854: Potomac, Maryland, is about a 45- to 50-minute drive from Washington DC.

Potomac, Maryland, is one of the wealthiest towns in the US with an average household income of $248,189, according to Bloomberg.

8. 94010: The Burlingame/Hillsborough/San Mateo area in California is located between San Francisco and Palo Alto.

Hillsborough and San Mateo are among some of the wealthiest areas in Silicon Valley, reported Business Insider's Madeline Stone.

7. 95125: San Jose, California, is a little over an hour drive from San Francisco.

A household in San Jose, California, needs to earn $204,347 a year to be considered wealthy.

6. 94087: Sunnyvale/Cupertino, California, is about a 15- to 20-minute drive from San Jose.

Sunnyvale was ranked as the 17th best place to live in America and 15th best place for young professionals by Niche, reported Sue Wood for Patch.

5. 95124: The San Jose/Cambrian Park area is about 30 minutes from Palo Alto in California.

Cambrian Park is a neighborhood in San Jose, and is known for its "quality education" according to San Jose Real Estate Los Gatos Homes.

4. 95120: The New Almaden/Englishtown/Twin Creeks area os located south of San Jose, California, in Santa Clara County.

New Almaden was known for its mercury mines in the 19th century. According to the National Parks Service, it produced more than $70 million in quicksilver.

New Almaden is considered to be one of the most valuable mines in California. It is now a historic landmark.

3. 95014: Cupertino, California, is in California's Silicon Valley, situated west of San Jose.

Cupertino is home to Apple's headquarters. According to Best Places, the median income in Cupertino is $134,872, with a median home price exceeding $2 million.

2. 94539: Fremont, California, is about an hour away from San Francisco and 30 minutes from San Jose.

According to Zillow, the median home price in Fremont is over $1 million.

1. 49685: Traverse City, Michigan, is located along the shores of Lake Michigan and is noted for its natural beauty.

Steve Reddicliffe of The New York Times reported that the area is known for its wineries, sandy beaches, and food. Its second-home market sees luxury homes that typically start at $500,000, according to the Coldwell Banker report.