Austin Named Best Place to Live in America!

Austin is the best place to live in America, according to a U.S. News and World Report! The list was comprised of the 100 largest metropolitan areas in the country based on affordability, job prospects and quality of life. Denver, Colorado was the previous #1 and was bumped down to #2 this year. Rounding out the Top 10 are: San Jose (California), Washington D.C., Fayetteville (Arkansas), Seattle, Raleigh-Durham (North Carolina), Boston, Des Moines (Iowa) and Salt Lake City. Austin’s overall score was 7.8 out of 10, with the ranking combining scores in desirability, value, job market, quality of life and net migration. Here is a breakdown of each of those categories according to U.S. News: Desirability Index- measures whether or not people want to live in a given metro area (Austin received a score of 8.4), Value Index- measures how comfortably the average resident of each metro area can afford to live within his or her means (Austin received a score of 7.3), Job Market Index- measures the strength of each metro area’s job market (Austin received a score of 7.5), Quality of Life Index- measures how satisfied residents are with their daily lives in each ranked metro area (Austin received a score of 7.3), Net Migration- measures whether people are moving to or away from each of the metro areas (Austin received a score of 9.8). Austin Mayor Steve Adler released a statement saying, “We celebrate what we’re doing right to be ranked first, recognizing it also highlights the accompanying affordability, equity and mobility challenges that our city faces. Inherent in that ranking is the strength to manage growth so we can preserve Austin’s special spirit.” The 2017 Best Places to Live list was put together by surveying thousands of Americans to find out what they value in a hometown, in addition to demographic data from the U.S. Census Bureau, crime stats from the FBI, and information from the Bureau of Labor Statistics, as well as previous U.S. News rankings of the high schools and hospitals. For information on the Austin real estate market and information on homes for sale in Austin, TX, contact a Diane Dopson Properties agent today!

 

Leave a Reply

Your email address will not be published. Required fields are marked *