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According to the U.S. Census Bureau, the median household income in the U.S. was $61,937 in 2018. What kind of life does this afford the average American? The answer depends on a variety of factors, such as spending and saving habits, as well as the cost of living. In addressing the cost of living factor, SmartAsset released a report listing the best cities to live in the country with an income of $60,000.
Homebuyers should think about buying their first home in Boulder, CO, as it is ranked the best housing market for growth and stability by a recent Smart Asset report. According to their findings, the odds of a major drop in home prices are 0 percent in the city, while properties have increased 268 percent in price in the last 25 years. Metro cities in both Colorado and Texas make up a majority of the top ten housing markets.
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