See where Austin lands on new ranking of the country's best cities

March 2, 2106
Source: 
Austin Business Journal

Austin is the second-best place to live in the U.S., according to a new ranking from U.S. News & World Report.

The ranking, which combines the results of a public survey with data from the U.S. Census Bureau and other federal agencies, examined the job market, affordability, migration rates, educational system and commute times to produce livability scores for the country's 100 largest metro areas.

Austin, which ranked behind Denver — rated the top city in the country — and ahead of Fayetteville, Arkansas, had its highest marks in the areas of net migration and desirability, both factors tied to the region’s strong economy. Not surprisingly, Its lowest marks were related to affordability and commuting.

“ Austin is one of the fastest-growing cities in the country. That may be great news for the local economy, but a tough pill to swallow for people shopping for a home,” the report says.“The median sales price for a single-family home in Austin is well above the national average. However, Austinites' pocketbooks benefit from no personal or corporate income tax, and a low state and local tax rate."

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