People with these college degrees can buy houses (and avocado toast!)

Brenda Godinez/Unsplash

If you’re like me, you’ve been fantasizing about your dream home since, like, the inception of Pinterest.

Owning a home, for most people, is the highest form of adulting.

So, by that measure, you could be a full-fledged, mini adult at the ripe age of 26 years old — if you get a degree … in engineering.

Engineering, you say?

That’s right. New analysis from found that the quickest route to homeownership is a degree in engineering — petroleum engineering to be exact. If you wondered, a petroleum engineer develops methods for extracting oil and gas from under the ground.

That degree has an average starting salary of $96,700, and in order to save for a 20 percent down payment on a $250,000 home, it would only take you 2.6 years (if you save 20 percent of your income per year), according to the analysis. Whoa.

“When it comes to homeownership, degrees in engineering really pay off,” says Joe Kirchner, senior economist for “While this analysis leverages averages and assumptions, it shows just how powerful a high starting salary can be when it comes to early homeownership.”

UM yeah … I would say so.

In fact, most of the bachelor’s degrees that would allow you to save for a home in four years or less include some type of engineering major, so brush up on those math skills, kids! Other lucrative degrees include dental hygiene, physician assistant studies, and computer science and mathematics.

Top college degrees for homeownership

On the flip side, education degrees result in the longest trajectory to homeownership, with an average of seven years, according to the analysis. That’s with the ambitious goal of saving 20 percent of your annual income. Which is NOT always easy to do … especially if you’ve got the burden of student loan debt and rising rents to deal with.

And that’s one of the many reasons why a certain Australian millionaire (*cough* Tim Gurner *cough*) was sorely mistaken when, earlier this week, he claimed AVOCADO TOAST was the reason why millennials can’t afford homes.

First of all … don’t hate on avocado toast. Seriously. Start attacking millennials and their fave brunch foods … and we will fight back. Don’t believe me? Check Twitter.

Secondly, Gurner’s claim is just inaccurate.

In reality, numerous Bankrate surveys (including one published this week!) have proven that millennials are just as financially responsible and motived as older generations were—but homes are pricey (duh) and a boozy brunch every now and then won’t kill your homeownership dreams.

housing graphic’s analysis even proves my point further — that even with a college degree (which, BTW, many Americans don’t have the opportunity to get), saving enough money for a down payment on a home takes time.

OK, rant over. Back to why owning a home is still a great goal to have on your journey to adulthood.

Homeownership is amazing because you can deck out your crib any way you want; you don’t have an annoying landlord to listen to, and it’s generally a better financial decision than renting (in many housing markets).

Still, there are definitely things you need to consider before you throw down for a home, and it might not be the best move for your situation. Be sure to consider major life Q’s like:

  • How long are you planning to live there?
  •  How much of a down payment can you make?
  • Are you down to handle all the home maintenance, or pay for someone to do it for you?
  • What’s the ultimate cost of owning vs. renting?

Even if you’re not buying a home just yet, it doesn’t hurt to start saving for one! Because that beautiful, wraparound porch beach house in The Hamptons isn’t going to pay for itself, ya know?

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Sarah Berger

I am a journalist and penny-pinching millennial living in New York City on a budget.