Millennial wealth is booming. It turns out avocado toast didn't tank them after all.

Getty

• Millennials' wealth saw historic growth from 2019 to 2023, according to a new report.
• Despite the pandemic recession, millennial wealth increased due to factors like a robust labor market.
• The wealth growth even likely impacted lower-income millennials.

After years of killing off brands, languishing with student loans, and splurging on avocado toast instead of buying houses, millennials might finally be emerging on top.

A new report from the Center for American Progress...