Special Report

America's 50 Best Cities to Live

Americans take into account different factors when choosing where to live. For some, the quality of schools is important. For others, the strength of the local economy or personal safety takes priority.

To determine America’s best cities to live in, 24/7 Wall St. reviewed data on the 550 cities with populations of 65,000 or more as measured by the U.S. Census Bureau. Based on a range of variables, including crime rates, employment growth, educational attainment, and housing affordability, 24/7 Wall St. identified America’s 50 Best Cities to Live.

Click here to see America’s Best Cities to Live.

Click here to read our methodology.

Because of its importance, the labor market was one of the key measures we used to identify the best cities. In order to be considered, a city needed positive employment growth between 2011 and 2013. Seventy cities did not meet this standard. Cities scored well if employment growth was high. Olathe, Kansas, one of the best cities to live in, received considerable marks because it had 14.4% employment growth — one of the best during that time.

In the U.S., the national unemployment rate was 7.4% in 2013, high by historical standards. And in many cities it was much worse. Because unemployment is such an important factor, we also eliminated cities from consideration if their unemployment rates were more than 33% above the 2013 national rate — our cutoff rate was 9.8%. This alone excluded more than 100 cities from consideration.

Of course, the availability of jobs is not enough to make a city worth moving to. For many Americans, safety is also important. According to Federal Bureau of Investigation (FBI) data, violent crime rates were far higher in metropolitan areas — where the vast majority of Americans live — than in smaller cities and other parts of the country. Roughly half of all cities were excluded because they reported property or violent crime rates that were at least 25% higher than the 2012 national rates.

The vast majority of the nation’s best cities to live in had especially low violent crime rates. In fact, the violent crime rate in 35 of the 50 cities was less than half the national rate of 387 incidents per 100,000 residents in 2012.

For parents, a strong school system also influences the decision of where to live. According to Daren Blomquist, vice president of RealtyTrac, a housing market data site, “quality of education is the number one issue home buyers ask about most.”

In order to compare educational outcomes in each city, we ranked math, language arts and science scores tabulated by Homefacts, a RealtyTrac subsidiary. Seven of the top 10 cities on our list were among the top 10% of large cities nationwide for math achievement and eight were among the top 10% for language arts.

We also measured the availability of amenities, such as restaurants, theaters and fitness clubs. While such factors might seem like an afterthought, Americans spend an average of more than five hours each day on leisure activities, according to the Census Bureau.

“There is still romance in buying a house,” said Blomquist. Features such as access to outdoor activities, beautiful parks and gyms “are the type of amenities that often will set apart certain communities from others.”

Sponsored: Tips for Investing

A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.

Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.