Skip to main content

The Best Large U.S. City to Live In Is …

Jul 16, 2019
Photo credit: Getty Images/eurobanks

A new survey from WalletHub has crowned Virginia Beach, Va., as the 2019 choice for the best big city to live in.
 
The survey studied the nation’s 62 largest cities and used 56 key metrics, including real estate opportunities and the quality of life standards, to determine the best location for urban dwellers. Virginia Beach ranked first among cities, and also scored first place for the highest homeownership rate (63.85 percent), the lowest share of residents living in poverty (eight percent) and the fewest violent crimes per 1,000 residents (1.38 percent).
 
Rounding out WalletHub’s top 10 best large cities to live in were Austin, Seattle, San Diego, Las Vegas, San Francisco, New York, San Jose, Honolulu and Portland. Detroit ranked last among the cities studied by WalletHub, and it also had the highest number of residents living in poverty (37.9 percent, which is 4.7 times higher than Virginia Beach’s level).
 
Wichita, Kan., was ranked first for the nation’s lowest housing costs–Los Angeles ranked last–and the shortest average commute time–New York City ranked last. New York City also ranked second to last with the lowest homeownership rate, with only Miami having a smaller share of homeowners.

 
About the author
Published
Jul 16, 2019
Co-Founder Mat Grella Terminated From NEXA

NEXA CEO Kortas states negotiations regarding the buyout will continue.

Mar 27, 2024
Comings And Goings At AmeriHome

Chief Operating Officer John Hedlund announced his retirement on Thursday in a LinkedIn post.

Mar 22, 2024
Rocket's Tim Birkmeier To Retire

Birkmeier is bidding farewell after a 28-year career at Rocket Companies.

Mar 21, 2024
How NAR’s Settlement Impacts Homebuying

While the settlement's silver lining is that homes are expected to become more affordable, many uncertainties loom over the housing market.

Mar 19, 2024
NAR Reaches $418 Million Settlement

The association agreed to give home sellers the option of compensating agents.

Mar 15, 2024
U.S. Non-Bank Mortgage Lenders Surge Amid Industry Consolidation, Fitch Ratings Reports

As smaller players exit the market, scaled originators like UWM and PennyMac Financial dominate, but challenges persist with low origination volume and pressured margins amidst rising interest rates.

Mar 14, 2024