To find our top 10 list we looked at six factors: population density, walkability, violent crime rate, property crime rate, unemployment rate and income after housing. This was our first year doing a study on the most livable cities. Related Article: The Most and Least Severely Housing Cost-Burdened Cities 6. This article took a close look at rental affordability to help people figure out how much they should spend on rent. In general, experts advise that renters spend no more than 30% of their monthly gross income on housing-related expenses, which includes both rent and utilities. The safest city in America in 2022 is Frisco, Texas. To find the safest cities in the U.S., SmartAsset analyzed data for the largest 200 cities across several different metrics, including violent crime, property crime, drug use, air quality, excessive drinking and motor vehicle accidents. metro areas and ranked them using 13 factors that would affect a child’s quality of life – factors like school quality, air quality and inter-generational mobility. To find the best places for children, SmartAsset looked at the 200 largest U.S. We compared affordability, workforce demographics and entertainment options for individuals between the ages of 25 to 34 to find the best cities for this age group. One of the largest trends, thanks to remote work, is that young professionals are looking for places to live and gather, regardless of where they are working. Best Cities for Young Professionals in 2022 In the city with the highest rents, San Francisco, a household would need a whopping $157,218 to afford the rent on a two-bedroom market-rate apartment, which has come down in recent years as people have been moving away from the city. cities. We then applied a 28% rent-to-income ratio to determine how much money households needed to afford the rent in all 300 cities. In this article, SmartAsset looked at fair market rents for two-bedroom apartments in the 300 largest U.S. The Income Needed to Pay Rent in the Largest Cities
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