Austin Ranks Among 10 Best Cities For Your Wallet Says New Study

Dated: 11/04/2015

Views: 259

Austin ranks among 10 best cities for your wallet, says new study


By 


Doc's Motorworks Austin's the 10th best city for wallet wellness.Photo courtesy of Doc's Motorworks

Ahead of the year's biggest shopping season, WalletHub analyzed the 150 largest U.S. cities to see which ones are good for your wallet — and which ones aren't so hot. Based on the study, Austin is the 10th best city wallet wellness.

Twelve factors were used to determine each city's score in two main categories: "Affordability/Budget" and "Livability/Local Environment." 

The Capital City ranks No. 11 for "Affordability/Budget." Austin's low foreclosure rate (the third lowest among the cities studied) and high median household income (No. 11) contribute to our ranking. Even more impressive is Austin's No. 7 ranking for "Livability/Local Environment." Our Gallup-Healthways Well-Being Index score, the fifth best among the cities, was a top contributor in this category. 

Only one other Lone Star city joins Austin in the top 10: Plano, which ranks No. 3. Fort Worth ranks No. 42, followed by Dallas (No. 61), San Antonio (No. 63), and Houston (No. 65). Brownsville is the third worst city for wallet wellness (No. 148).

To see the full list, head over to WalletHub.


Original Article Here: 

http://austin.culturemap.com/news/city-life/11-02-15-wallethub-report-wallet-wellness-affordability-livability-austin-top-ten/#bmtags:title-link,placement:slot-5

Blog author image

Melissa Galvan

True Austin native with a passion for real estate. I'm rooted in Austin and I love my city. I'm privileged to have many personal and professional connections that have greatly assisted me in being suc....

Latest Blog Posts

Your Guide to the City of Austin - ATX Homes Sold Intro

Your Guide to the City of Austin Have you ever wished there was a place that had almost everything you could dream of? In that case, let me introduce you to the city of Austin, Texas.We have

Read More

Fall Family FUN!

With fall upon us, I wanted to share some fun family ideas you can start planning now. I’d love to hear what you’re going to be doing! ☺Here are 4 quick ideas to help you plan your

Read More

8 Benefits of Buying a Brand New Home

 If you’re thinking about buying a home, you may begin your search by looking at a diverse array of properties. Even if you know you want a move in ready home, you may be comparing new

Read More

WHAT SHOULD BUYERS LOOK FOR WHEN BUYING A HOME

Being a former contractor, there are a few tools I use when assisting clients with finding a home.  These tools can be used when searching for a new home to buy or assessing the current value

Read More