Second best place to live in the U.S.? Austin!
AUSTIN - Austin is the second-best place to live in the U.S., according to a new ranking from U.S. News & World Report.
The ranking, which combines the results of a public survey with data from the U.S. Census Bureau and other federal agencies, examined the job market, affordability, migration rates, educational system and commute times to produce livability scores for the country’s 100 largest metro areas.
Austin, which ranked behind Denver had its highest marks in the areas of net migration and desirability, both factors tied to the region’s strong economy.
Its lowest marks were related to affordability and commuting, with its average housing costs $20,000 more than the U.S. average and its commute time half a minute longer than the U.S. average.
"Austin is one of the fastest-growing cities in the country. That may be great news for the local economy, but a tough pill to swallow for people shopping for a home," the report says.
"The median sales price for a single-family home in Austin is well above the national average. However, Austinites’ pocketbooks benefit from no personal or corporate income tax, and a low state and local tax rate."
Texas’ three largest cities ranked further down the list but cracked the top 25, with Houston (No. 17), Dallas (No. 21) and San Antonio (No. 23) coming in at numbers 17, 21 and 23, respectively.
See the full list of cities at U.S. News & World Report, also check out the complete write-up on Austin.
In This Article
You might also like
Publications
Receive our economic and housing reports and newsletters for free.