Six Texas cities among most affordable places for veterans
JERSEY CITY, N.J. – Six Texas cities have landed on Veterans United Home Loans’ list of the top ten most affordable places for military veterans to live in.
Laredo ranked first nationwide. It has a cost-of-living index (based on a U.S. average of 100) of 90.7.
The border city has a veteran population of 5,080 and an unemployment rate of 5.4 percent. The median annual salary is $37,890.
Corpus Christi ranked second with a veteran population of 25,153 and a cost-of-living index of 94.3. The unemployment rate is 5.6 percent and median annual salary is $43,325.
No. 3 Lubbock has a cost-of-living index of 93.7, 12,018 veterans, a 4.8 percent unemployment rate, and a median annual salary of $36,653.
El Paso and San Antonio rounded out the top five. The Far West Texas city has a cost-of-living index of 87.4, a veteran population of 44,580, and a 6.9 percent unemployment rate. San Antonio, with a cost-of-living index of 88.7, has 107,359 veterans and a 6.4 percent unemployment rate.
Fort Worth-Arlington ranked seventh and was the only city on the list with a cost-of-living index above 100. It has 19,153 veterans and a 5.5 percent unemployment rate.
Veterans United supplemented their information with data from the U.S. Census Bureau, Council for Community and Economic Research, and Bureau of Labor Statistics.
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Source: Veterans United Home Loans
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