Skip to main content

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

Phil Hall
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.

 
Published
Jul 16, 2019
ChainLogix Appoints New Vice President, Operations

Jeryl Graham hired to accelerate growth in title & mortgage services.

Industry News
Oct 15, 2021
JPMorgan Chase To Commit $8.4M To Improve Household Stability For The Underserved

JPMorgan Chase announced six organizations that will receive philanthropic capital as part of the firm’s $400 million five-year commitment to improve housing affordability and stability for Black, Hispanic and Latino, and other underserved households.

Community
Oct 15, 2021
SRE Mortgage Alliance 'Restructuring & Reorganizing'

Owner of technology-based wholesale residential mortgage lender in El Segundo to determine organization's future.

Wholesale
Oct 15, 2021
Ginnie Mae Issued Record MBS Volume In FY2021

The record $939 billion issued included nearly $73 billion in September.

Industry News
Oct 14, 2021
UWM Completes Test Of Cryptocurrency Mortgage Payments

United Wholesale Mortgage evaluated and accepted the first-ever cryptocurrency mortgage payment in September and an additional five payments in October from borrowers.

Industry News
Oct 14, 2021
Arvielo Re-Appointed To HUD Advisory Committee

Nationwide mortgage lender New American Funding’s Co-Founder and President Patty Arvielo has been re-appointed to serve on the U.S. Department of Housing & Urban Development's Housing Counseling Federal Advisory Committee.

Industry News
Oct 13, 2021