The Best Large City to Live in Is …
July 23, 2018
Among the nation’s 62 largest cities, Seattle emerged as the best place to set up residence, according to a new data study by WalletHub.
This study number-crunched 56 considerations, ranging from property taxes to job opportunities to the number of coffee shops per capita. Eight of the top 10 ranked cities were coastal localities, with number one Seattle followed by Virginia Beach, Va., Austin, San Francisco, San Diego, Honolulu, Portland, San Jose, Colorado Springs and New York City. Detroit ranked last on the list.
Among the specific measurement criteria, Virginia Beach had the highest homeownership rate at 63.18 percent, plus the lowest share of residents in poverty (8.2 percent) and the fewest violent crimes per 1,000 residents (1.55 percent). Miami had the lowest homeownership rate at 30.53 percent while Detroit had the highest poverty rate (39.4 percent) and most violent crimes per 1,000 residents (20.47 percent). Wichita, Kan., had the highest housing affordability while Los Angeles had the lowest, while San Francisco tied with Seattle and Austin for the highest income growth, with Las Vegas having the lowest and Detroit the second to lowest.
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