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Lending

The 10 absolute best housing markets for families

Somebody thought of the children

neighborhood-homes2.png

New household formation and having children are two of the main drivers behind home sales, so knowing what housing markets are the most family friendly is a huge tool for real estate agents and homebuyers.

That's right, someone finally answered Mrs. Flanders on housing.

To that end, WalletHub compared the 150 largest cities in the United States based on 31 key metrics that take into account essential family dynamics including:

  1. the availability of quality jobs
  2. the relative cost of housing
  3. the quality of local school and health care systems
  4. the opportunities for fun and recreation

No such study is perfect – given the intrinsic value of each city, personal preferences, and the limitations of publicly available data, WalletHub admits.

But that aside, what they came up with was an amazingly useful rankings of 2014’s best and worst cities for families.

“(This) will hopefully give prospective movers a sense of which areas offer the greatest opportunity to achieve wallet wellness and, of course, live a long and happy life,” WalletHub reported.

So on to the list and the interactive map, which is really cool.

 

WalletHub

 

And (personal scoreboard for the winner, as it’s home to several HousingWire staffers) the winning city is Plano, Texas.

Here is the rest of the top 10.

Click the thumbnail below to see the list.

And here are the breakdowns by category.

Click the thumbnail below to see.

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