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Here's How Much You Must Make To Afford a Home in the Midwest's Best Cities
Here's How Much You Must Make To Afford a Home in the Midwest's Best Cities

Yahoo

time21-07-2025

  • Business
  • Yahoo

Here's How Much You Must Make To Afford a Home in the Midwest's Best Cities

The Midwest boasts numerous locales with high livability scores and relatively low living costs compared to many other parts of the U.S. The value of single-family homes varies widely across the region, however. Check Out: Learn More: To provide a feel for how much income is needed for homeownership in the Midwest's most livable spots, GOBankingRates has analyzed data from AreaVibes, the U.S. Census, Sperling's BestPlaces, the Bureau of Labor Statistics, Zillow and the Federal Reserve. The good news for Midwesterners — and potential Midwesterners — is that each location in our top 10 has a median household income that far exceeds its average annual cost of living. Here's the full list of the most livable cities and the salary needed for homeownership, along with median household income and some additional information about each location. 10. Farmington, Michigan Livability score: 91 Salary needed (annual cost of living): $47,500 Median household income: $94,115 About 30 minutes northwest of Detroit by car, Farmington has about 12,000 residents. The median value of a single-family home in Farmington is $322,000, and the average mortgage is $1,900 a month. Also Find: See More: 9. Rochester, Minnesota Livability score: 92 Salary needed (annual cost of living): $46,013 Median household income: $87,767 Rochester is located in southeast Minnesota, about 90 miles southeast of Minneapolis. Home to the famous Mayo Clinic, Rochester has a population of about 122,000. The average monthly mortgage here comes in just shy of $2,000, and the median value of single-family homes is $331,000. Discover More: 8. Bexley, Ohio Livability score: 92 Salary needed (annual cost of living): $61,980 Median household income: $152,526 Bexley is one of several suburbs of Columbus, Ohio, to make this list. The median value of a single-family home in Bexley is $546,000. Around 13,500 people reside here. 7. Ankeny, Iowa Livability score: 92 Salary needed (annual cost of living): $47,905 Median household income: $106,603 You'll find Ankeny 12 miles north of Des Moines. With about 70,000 residents, Ankeny is one of Iowa's fastest-growing cities. The median value of a single-family home in Ankeny is $346,000. 6. Clawson, Michigan Livability score: 92 Salary needed (annual cost of living): $43,814 Median household income: $86,630 Clawson is a Detroit suburb. The median value of single-family homes in Clawson is $280,000, relatively low compared to many other parts of the U.S. The average monthly mortgage is $1,650. Read More: 5. Shorewood, Wisconsin Livability score: 92 Salary needed (annual cost of living): $60,373 Median household income: $89,135 A suburb of Milwaukee, the village of Shorewood is located alongside Lake Michigan. The average value of a home in Shorewood comes in just over $500,000. The average monthly mortgage is $2,981. 4. University Heights, Ohio Livability score: 93 Salary needed (annual cost of living): $40,625 Median household income: $98,474 University Heights sits about 10 miles east of Cleveland in northeast Ohio. On top of its strong livability score, University Heights offers relatively affordable housing. The median value of a single-family home is $259,000, and the average cost of a monthly mortgage is in the $1,500 range. 3. Whitefish Bay, Wisconsin Livability score: 93 Salary needed (annual cost of living): $66,459 Median household income: $154,255 Whitefish Bay is located just north of Milwaukee on the shores of Lake Michigan. A village with about 15,000 residents, Whitefish Bay is more expensive than many of the other entries in this list. You can expect to pay $3,520 on average for your mortgage each month, and homes here have a median value around $600,000. Find Out: 2. Grandview Heights, Ohio Livability score: 94 Salary needed (annual cost of living): $61,586 Median household income: $113,862 This Columbus suburb has a population of about 8,500. The median value of single-family homes here is $539,000. The average monthly mortgage will run you around $3,200. 1. Worthington, Ohio Livability score: 94 Salary needed (annual cost of living): $57,750 Median household income: $124,734 Livable Worthington is located just north of Columbus, the state capital. Worthington is a popular destination for retirees, with about 21% of its 15,000 residents age 65 and up. Worthington's household median income ($125,000) far exceeds its average annual cost of living ($58,000). The median value of a single-family home here is $480,000. Editor's note: Photos are for representational purposes only and might not reflect the exact locations listed. Methodology: For this study, GOBankingRates analyzed cities across the United States with the highest livability scores, as sourced from AreaVibes. The 30 most livable cities in each state were identified. To qualify for this study, each city had to have all data points available and a total population of at least 5,000. Data was sourced from the U.S. Census American Community Survey, Sperling's BestPlaces, the Bureau of Labor Statistics Consumer Expenditure Survey, Zillow Home Value Index for March 2025 and Federal Reserve Economic Data. All data was collected on and is up to date as of May 14, 2025. More From GOBankingRates 10 Used Cars That Will Last Longer Than an Average New Vehicle This article originally appeared on Here's How Much You Must Make To Afford a Home in the Midwest's Best Cities

Here's How Much You Must Make To Afford a Home in the West's Most Livable Cities
Here's How Much You Must Make To Afford a Home in the West's Most Livable Cities

Yahoo

time20-07-2025

  • Business
  • Yahoo

Here's How Much You Must Make To Afford a Home in the West's Most Livable Cities

If you're thinking of heading west and looking for affordable, livable locales, Oregon may be worth a look. Also See: Learn More: The Beaver State boasts six of the 10 best blends of livability and affordability in the Western U.S., based on a recent GOBankingRates analysis of data from AreaVibes, Sperling's BestPlaces and other sources. Before you pack your bags, though, it's worth learning how much you would need to make to afford a home. Here's GBR's full list, along with the minimum salary required for homeownership, median household income and some additional information about each location. Kaysville, Utah Livability score: 89 Salary needed (annual cost of living): $69,593 Median household income: $128,996 You'll find Kaysville in northern Utah, about 20 miles north of Salt Lake City. A single-family home in Kaysville is worth about $650,000. Living costs will run you about $5,800 a month. Check Out: Find Out: Orem, Utah Livability score: 89 Salary needed (annual cost of living): $59,815 Median household income: $81,292 Orem is located just north of Provo and about 40 miles south of Salt Lake City. Only about 10 percent of Orem's 97,000+ residents are age 65 or older. You'll spend just shy of $5,000 a month on average for living costs here. Discover More: Raleigh Hills, Oregon Livability score: 89 Salary needed (annual cost of living): $92,776 Median household income: $109,306 Raleigh Hills is a suburb of Portland with about 7,000 residents. Single-family homes aren't cheap here, with average values approaching $1 million. An average monthly mortgage here will run you about $5,700. Beaverton, Oregon Livability score: 89 Salary needed (annual cost of living): $65,363 Median household income: $94,279 Beaverton is located about 10 miles west of Portland and has about 100,000 residents. Beaverton's average monthly cost of living (around $5,400) places it in the middle of the pack among AreaVibes' most livable cities. Single-family homes in Beaverton are worth $565,000 on average. Gladstone, Oregon Livability score: 89 Salary needed (annual cost of living): $62,124 Median household income: $90,395 Another Portland suburb, Gladstone is located about 12 miles to the south. About a fifth of Gladstone's 12,000 residents are 65 and older. Gladstone is somewhat less expensive than some other Portland suburbs, with average single-family homes valued at $514,000 and average monthly living costs coming in around $5,200. Central Point, Oregon Livability score: 90 Salary needed (annual cost of living): $52,234 Median household income: $80,450 Central Point is located in southern Oregon, a few miles northwest of Medford. With average monthly living costs around $4,300, Central Point is significantly less expensive than many options in the Portland area. See More: Lafayette, Colorado Livability score: 90 Salary needed (annual cost of living): $75,764 Median household income: $110,431 Lafayette sits about 25 miles north of Denver. Single-family homes in Lafayette are worth $731,000 on average, with monthly mortgages around $4,300. Battle Ground, Washington Livability score: 90 Salary needed (annual cost of living): $68,256 Median household income: $100,185 Battle Ground is located near the Washington-Oregon border, about 25 miles north of Portland. Average monthly mortgages in Battle Ground are less than $3,600, and average monthly living costs are about $5,700. On average, single-family homes here are worth just over $600,000. Milwaukie, Oregon Livability score: 91 Salary needed (annual cost of living): $61,690 Median household income: $82,422 Milwaukie is a suburb of Portland with about 22,000 residents and average monthly mortgages of around $3,000. Single-family homes in Milwaukie are worst just over $500,000. Sherwood, Oregon Livability score: 92 Salary needed (annual cost of living): $72,351 Median household income: $110,616 You'll find Sherwood about 20 miles southwest of Portland. Sherwood is a somewhat young city, with less than 11% of its 21,000 residents aged 65 or older. Homes here are worth around $660,000 on average. Monthly living costs will run you about $6,000. Editor's note: Photos are for representational purposes only and might not reflect the exact locations listed. Methodology: For this study, GOBankingRates analyzed cities across the United States with the highest livability scores, as sourced from AreaVibes. The 30 most livable cities in each state were identified. To qualify for this study, each city had to have all data points available and a total population of at least 5,000. All relevant data was sourced from the U.S. Census American Community Survey, Sperling's BestPlaces, the Bureau of Labor Statistics Consumer Expenditure Survey, Zillow Home Value Index and Federal Reserve Economic Data. All data was collected on and is up to date as of May 14, 2025. More From GOBankingRates 10 Unreliable SUVs To Stay Away From Buying This article originally appeared on Here's How Much You Must Make To Afford a Home in the West's Most Livable Cities Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Here's How Much You Must Make To Afford a Home in the South's Most Livable Cities
Here's How Much You Must Make To Afford a Home in the South's Most Livable Cities

Yahoo

time19-07-2025

  • Business
  • Yahoo

Here's How Much You Must Make To Afford a Home in the South's Most Livable Cities

The southern United States offers numerous locales with high livability scores and relatively reasonably priced homes compared to the rest of the country. Minimum salaries needed to afford a home vary widely across the South, however, so prospective buyers should do their homework. Check Out: Learn More: To help you get started, GOBankingRates has compiled a list of the South's most livable cities, along with the minimum salary needed for homeownership in each. The list blends data from AreaVibes, Sperling's BestPlaces, the U.S. Census, the Bureau of Labor Statistics, Zillow and the Federal Reserve. Here's the full list, along with the median household income and some additional information about each location. Blacksburg, Virginia Livability score: 89 Salary needed (annual cost of living): $53,036 Median household income: $48,070 The home of Virginia Tech, Blacksburg is located in Montgomery County. Blacksburg's median income of $48,070 is the second lowest among AreaVibes' most livable cities, topping only Bowling Green, Kentucky (69th most livable with a median income of $46,719. The average value of a single-family home in Blacksburg is about $411,000. Also See: Find Out: Seminole, Florida Livability score: 89 Salary needed (annual cost of living): $56,053 Median household income: $77,335 You'll find the town of Seminole about 25 miles west of Tampa. Seminole is popular with the retired set – about a third of its 20,000 residents are age 65+. The average single-family home in Seminole is worth about $433,000. See More: Dr. Phillips, Florida Livability score: 89 Salary needed (annual cost of living): $66,369 Median household income: $101,540 Named after citrus industry pioneer Philip Phillips, the unincorporated Dr. Phillips neighborhood is a suburb of Orlando. The total cost of living in Dr. Phillips is $5,531 a month, and the average single-family home is worth $568,000. Springfield, Virginia Livability score: 89 Salary needed (annual cost of living): $78,732 Median household income: $123,69 Springfield is located about 15 miles southwest of Washington, D.C. Single-family homes in Springfield are worth more than $700,000. The cost of living comes in around $6,600 a month. Purcellville, Virginia Livability score: 89 Salary needed (annual cost of living): $90,222 Median household income: $162,981 The town of Purcellville is located in Loudon County, about 50 miles northwest of Washington D.C. Homes aren't cheap here, with average values approaching $900,000. Purcellville is also a relatively young town, with only 9% of its 9,000 residents age 65+. Explore More: Cary, North Carolina Livability score: 90 Salary needed (annual cost of living): $68,474 Median household income: $129,399 Cary is located just west of Raleigh, the state capital. Part of North Carolina's Research Triangle region, it has a population of about $177,000. An average single-family home in Cary is worth around $630,000. Lynchburg, Virginia Livability score: 91 Salary needed (annual cost of living): $40,621 Median household income: $59,808 You'll find Lynchburg in central Virginia, about two hours east of Richmond by car. Single-family homes in Lynchburg are worth about $250,000 on average. Lynchburg's average monthly cost of living (about $3,400) is among the lowest among AreaVibes' 100 most livable cities. Fort Thomas, Kentucky Livability score: 91 Salary needed (annual cost of living): $47,820 Median household income: $100,819 Fort Thomas is located near the Kentucky-Ohio border near Cincinnati. Compared to other locales in AreaVibes' most livable list, Fort Thomas offers relatively inexpensive single-family homes ($336,000 on average). The average monthly cost of living in Fort Thomas is just under $4,000. Discover More: Wilton Manors, Florida Livability score: 91 Salary needed (annual cost of living): $78,021 Median household income: $79,390 Part of the Miami metro area, Wilton Manors is located just north of Fort Lauderdale. Wilton Manors is a popular spot for retirees, with more than a quarter of its 11,000 residents age 65 and up. The average value of a single-family home here is $721,000. Bellevue, Kentucky Livability score: 92 Salary needed (annual cost of living): $40,277 Median household income: $67,143 You'll find Bellevue just east of Cincinnati, along the Kentucky-Ohio state line. In addition to its strong livability rating, Bellevue offers relatively inexpensive single-family homes ($230,000 on average) and monthly living costs ($3,356). Methodology: For this study, GOBankingRates analyzed cities across the United States with the highest livability scores, as sourced from AreaVibes. The 30 most livable cities in each state were identified. To qualify for this study, each city had to have all data points available and a total population of at least 5,000. All relevant data was sourced from the U.S. Census American Community Survey, Sperling's BestPlaces, the Bureau of Labor Statistics Consumer Expenditure Survey, Zillow Home Value Index and Federal Reserve Economic Data. All data was collected on and is up to date as of May 14, 2025. More From GOBankingRates 25 Places To Buy a Home If You Want It To Gain Value This article originally appeared on Here's How Much You Must Make To Afford a Home in the South's Most Livable Cities Sign in to access your portfolio

Portland named among ‘cities on the rise' as Oregon falls in state business rankings
Portland named among ‘cities on the rise' as Oregon falls in state business rankings

Yahoo

time16-07-2025

  • Business
  • Yahoo

Portland named among ‘cities on the rise' as Oregon falls in state business rankings

PORTLAND, Ore. () — Just as Oregon is ranked among the worst places for business and thousands of workers face layoffs statewide, LinkedIn has recognized Portland as one of the nation's 'cities on the rise.' The professional networking platform unveiled its inaugural top 25 list of U.S. metro areas that have seen an uptick in roles and 'new talent' on Tuesday. The Rose City landed at No. 20. Portland Fire to make blazing debut as new WNBA team in 2026 'A 'new' Portland is gaining momentum, fueled by local entrepreneurs and renewed optimism as foot traffic across the city center roars back, helping the city reclaim its reputation for livability,' . The ranking shows that the Portland area's average income is $74,990, with an average home listing price is $787,530. It also lists manufacturing, professional services and healthcare as the top industries that are hiring — specifically listing Intel, Nike and Oregon Health & Science University as top employers. But all employers have announced job cuts in recent years. Intel layoffs ripple across Oregon economy Just last week, it is laying off more than 2000 workers at its Hillsboro campus. laid off at least 740 employees from its Beaverton campus last year, while removed hundreds of positions amid its now-abandoned attempt to merge with Legacy Health. Also last week, CNBC ranked Oregon as the 39th-best state for business. noted this was the state's lowest ranking in the history of the annual list. And while the Rose City nabbed No. 20 on LinkedIn's inaugural report, the East Coast's less populous Portland metro area landed at No. 6. Pearl District residents opposed to homeless shelter 'An expanding network of startups combined with steady growth in tourism is fueling economic momentum in this coastal city, where job seekers are also drawn to its vibrant food scene and working waterfront,' LinkedIn said of the Maine city. Grand Rapids, Mich., Boise, Idaho, Harrisburg, Penn., Albany, N.Y. and Milwaukee, Wis., ranked as the top five metro areas for fast-growing professional opportunities. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

World's most liveable cities revealed with the top spot just 100 minutes away… but it's bad news for the UK
World's most liveable cities revealed with the top spot just 100 minutes away… but it's bad news for the UK

The Sun

time15-07-2025

  • The Sun

World's most liveable cities revealed with the top spot just 100 minutes away… but it's bad news for the UK

THE world's most liveable cities have been announced with the top spot being snatched from Vienna for the first time in three years. The EIU's Global Livability Index 2025 has revealed Copenhagen in Denmark as the top city for livability, with an average score of 98 overall. 4 4 The index assessed 173 cities across the globe with the average score being 76.1 out of 100. The annual study assesses multiple different things to do with daily livelihood such as healthcare, education, infrastructure, culture and environment and stability. And the Danish capital was previously in second place to Vienna, Austria - which has held the top spot for the past three years. But this year, Copenhagen scored a perfect 100 for stability, education and infrastructure. The only two categories Copenhagen lost a few points in were health (95.8) and culture and environment (95.4). Copenhagen is home to a wealth of things to see and do including historical sights, attractions and cultural experiences and it is only an hour-an-40-minutes flight from London. The colourful Nyhavn Harbour is a great place to explore, with many colourful buildings and a number of boat tours to see the area from a different angle. There is also Tivoli Gardens - a historic amusement park with rides, gardens and entertainment. If you like seeing famous tourist spots, you'll want to head to the Little Mermaid Statue, too, and grab a pic. In addition to these spots, there is also a castle to explore and Christiansborg Palace - a former royal residence which is now home to the Danish Parliament. If heading to the city, make sure to hire a bike as Copenhagen is very cycle-friendly. There are lots of hidden gems in the city's districts too, with great local food spots and independent shops. However, the EIU's index also brings bad news for Brits, as all the cities covered from the UK (London, Manchester and Edinburgh) moved down the list. According to the report, this follows "widespread riots and rising homelessness". The UK capital moved down nine places, from 45th to 54th. Manchester ranked slightly higher than London in 52nd place, but still has fallen by nine places too. And the Scottish Capital fell five places from 59th to 64th, according to CNN. European cities dominated four out of the top five spots, with Vienna, Austria coming second and Zurich, Switzerland in third. In fourth place was one of three Australian cities to make the top 10: Melbourne. And Geneva, Switzerland followed in fifth place. 4 The remaining five in the top 10 are all outside of Europe with Sydney, Australia in sixth; Osaka, Japan in seventh; Auckland, New Zealand in eighth; Adelaide, Australia in ninth and the Canadian city of Vancouver slipping into the tenth spot. Overall, the findings also suggested that there is a continued decline in global stability "driven by intensifying geopolitical conflict and civil unrest". Scores for healthcare, education and infrastructure all saw minor improvements on average. The Middle East and North Africa region saw the most significant gains overall. Fine dining and exploring beautiful Copenhagen THE Sun's Kirsty Spence visited Copenhagen - here's what she thought. You're never far from water here, so exploring by boat is a no-brainer. With Green Kayaks, you can borrow one in exchange for collecting litter as you go - so slide into one at La Banchina. This trendy bathing and sauna spot in Refshaleøen is also a great place to relax afterwards. Having worked up an appetite, I head to hidden-gem Kanalhuset to try the locals' fave, smørrebrød – AKA open sandwiches. Both the curried herring and the roast beef with hazelnuts, £8.75 each, are ridiculously tasty. It's traditional to pair them with alcoholic snaps, and they make their own with flavours such as brown butter, and rhubarb and vanilla, £5.80. Or for an even of 'social dining', head to at Gro Spiseri, Denmark's first rooftop farm, with sunset views – and 24 strangers. If you're into antiquities, Glyptotek – the collection of Carlsberg Brewery founder Carl Jacobsen – is worth a visit. It's a work of art in itself, with palm trees, paintings and Egyptian mummies. The world's happiest city in 2025 was also recently revealed, with a theme park that inspired Disney and new UK flights. Plus, Time Out has named its best cities in the world for 2025 and six in the UK make the list.

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