Economy | News

Austin Ranks #1 Best Place to Live in the U.S. for 3rd Year in a Row


Read time: 2 minutes

Austin held the #1 spot on the U.S. News and World Reports 2019 edition of the 100 Best Places to Live in the U.S.A. rankings for its third year in a row after taking over Denver. This year the Austin metro area received an overall score of 7.6 while Colorado Springs followed with a score of 7.4.

What are the rankings based on?

The U.S. News report is intended to help people make an informed decision when considering a new place to live and bases their rankings on U.S. Census Bureau’s statistics, Federal Bureau of Investigation’s crime statistics, Department of Labor’s wage and economic data, which is categorized into these 5 indexes:

  • Job Market – the strength of the job market
  • Value – how comfortably the average resident can afford to live
  • Quality of Life – how satisfied residents are with their daily lives
  • Desirability – whether or not people want to live there
  • Net Migration – whether people are moving to or away from there

Each category is analyzed using a methodology of weighing select preferences determined by what Americans believe are the most critical factors when considering making a move or relocation.

What makes Austin #1 back to back years?

With Austin currently averaging a net increase of 150 people per day it remains one of the fastest-growing cities in the country for relocation. The consistent population growth is one of the biggest factors making Austin the best place to live with Net Migration and Desirability its highest scoring categories at both 9 respectively. Following Net Migration and Desirability as top ranking categories, Job Market ranked at 7.4, Quality of life at 7.4 and Value at 6.7. It is expected that Net Migration will continue to remain high, as economists predict the metro will more than double in the next 40 years.

Ready to Make the Move?

Whether you are considering relocation or a local move, please reach out and let us know how we can help you with your real estate needs.

Related links

Leave a Comment

INSTAGRAM

Happy Valentine's Day, Austin! You make us #realtyawesome and we hope YOU are feeling the LOVE today and every day! #realtyaustin #makethemove ...

70 1

Since 2011, the Women of Hope have raised over $600,000 to support housing, education, and programs for SAFE|Children's Shelter. The Women of Hope are on a mission to make the world a better place for abused and neglected children. Learn more with the link in bio 🏡❤️#OurAustinPledge #KeepAustinSAFE #AustinLocal #RealtyAustin #SAFEChildrensShelter
#SAFEHousing #WomenOfHope
...

44 1

For nearly 35 years, Austin Habitat for Humanity has been on a mission to end the cycle of poverty housing. With over 470 homes built by staff and community volunteers, this extraordinary non-profit holds true to their belief that everyone deserves a decent, affordable place to live. Austin Habitat For Humanity CEO, Phyllis Snodgrass, digs deeper into the importance of bringing people together to build strong, stable and self-reliant communities. 🏡❤️ #OurAustinPledge #KeepAustinAffordable #AustinLocal #HereYouGrow #RealtyAustin #AustinHabitatForHumanity #Austin #GiveBack ...

41 0

Happy 2020 Austin! Here's to another year of building strong communities and making our city the best place to live together. Thank you to our #RealtyAwesome team of rockstar agents and their clients! #ThankYou #HappyNewYear #LoveYourCity #WorkHard #PlayHard #GiveBack #RealtyAustin #HereYouGrow ...

43 1

Since opening its doors in 1990, Foundation Communities has helped over 6,000 families and individuals find a home and a better quality of life! Hear why the founder, Walter Moreau, gives back to Austin. 🏡❤️ #ouraustinpledge #keepaustinaffordable #austinlocal #foundationcommunities #keepaustinweird #affordablehousing ...

48 1

We're giving back to Austin in a big way this year! If you've got a place in your heart this holiday season and are looking for a way to make an impact within our community, please visit OurAustinPledge.com to partner with one of our Affordable Housing Pioneers or check out our Holiday Giving Guide. #OurAustinPledge #WorkHardPlayHardGiveBack #RealtyAustin #RealtyAwesome #GiveBack ...

32 2

Want to hear from the owners of Realty Austin on why they think it’s important to give back to the community? 🏡❤️
#OurAustinPledge #AustinLocal #WorkHardPlayHardGiveBack #KeepAustinAffordable
...

73 1

Pin It on Pinterest