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
Pennymac Joins Rocket Pro TPO, Raises Loan Limits

Pennymac increased its conforming loan limit to $802,650

Sep 16, 2024
Rocket Pro TPO First To Announce Conforming Loan Limits For 2025

Starting today, brokers working with Rocket Pro TPO can loan up to $802,650, up from 2024's $766,550.

Sep 13, 2024
Tradesies, Anyone?

Partnership matters more than ever to real estate agents with fewer referrals to offer

Sep 12, 2024
Freddie Mac Names Diana Reid Its New CEO

GSE appoints 40-year housing finance veteran to lead the agency

Sep 10, 2024
Lenders Reevaluate Partnerships Post-NAR Settlement

Partners at Mitchell Sandler discuss mortgage lenders' shifting business models after NAR Settlement

Sep 06, 2024
OCMBC Acquires HomeStar Financial Corporation

Founder and CEO Wes Hunt, HomeStar get's second wind as they join the family of OCMBC brands

Sep 05, 2024