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Thursday, November 14, 2024

25 Best Cities To Move to With Cheap Housing and a Strong Job Market

 


After a lot of research, these were the ones we came up with. We strongly encourage you to explore these particular locations whether you're looking for investment properties or simply looking for a place to live.

1. Birmingham, Alabama

  • Typical home value: $126,757
  • Typical rent: $1,338
  • Unemployment rate: 2.7%
  • Labor force participation rate: 57.9%
  • Median household income: $42,464
  • Livability score (out of 100): 67

2. Sioux Falls, South Dakota

  • Typical home value: $329,429
  • Typical rent: $1,205
  • Unemployment rate: 1.9%
  • Labor force participation rate: 74.2%
  • Median household income: $71,785
  • Livability score (out of 100): 85
3. Des Moines, Iowa
  • Typical home value: $208,871
  • Typical rent: $1,114
  • Unemployment rate: 2.9%
  • Labor force participation rate: 70%
  • Median household income: $62,378
  • Livability score (out of 100): 83
4. Montgomery, Alabama
  • Typical home value: $143,945
  • Typical rent: $1,301
  • Unemployment rate: 3%
  • Labor force participation rate: 59.7%
  • Median household income: $54,166
  • Livability score (out of 100): 64
5. Huntsville, Alabama
  • Typical home value: $287,351
  • Typical rent: $1,382
  • Unemployment rate: 2.5%
  • Labor force participation rate: 63.4%
  • Median household income: $67,874
  • Livability score (out of 100): 83
6. Little Rock, Arkansas
  • Typical home value: $214,995
  • Typical rent: $1,202
  • Unemployment rate: 3.4%
  • Labor force participation rate: 64.8%
  • Median household income: $58,697
  • Livability score (out of 100): 72
7. Amarillo, Texas
  • Typical home value: $202,017
  • Typical rent: $1,286
  • Unemployment rate: 3.4%
  • Labor force participation rate: 65.6%
  • Median household income: $60,628
  • Livability score (out of 100): 66
8. Lincoln, Nebraska
  • Typical home value: $284,822
  • Typical rent: $1,294
  • Unemployment rate: 3%
  • Labor force participation rate: 70.9%
  • Median household income: $67,846
  • Livability score (out of 100): 84
9. Erie, Pennsylvania
  • Typical home value: $181,423
  • Typical rent: $1,006
  • Unemployment rate: 3.9%
  • Labor force participation rate: 59.2%
  • Median household income: $43,135
  • Livability score (out of 100): 82
10. Mobile, Alabama
  • Typical home value: $194,348
  • Typical rent: $1,309
  • Unemployment rate: 3.5%
  • Labor force participation rate: 58.1%
  • Median household income: $48,524
  • Livability score (out of 100): 73
11. Oklahoma City
  • Typical home value: $208,400
  • Typical rent: $1,259
  • Unemployment rate: 3.5%
  • Labor force participation rate: 67.4%
  • Median household income: $64,251
  • Livability score (out of 100): 81
12. Tulsa, Oklahoma
  • Typical home value: $211,819
  • Typical rent: $1,256
  • Unemployment rate: 3.7%
  • Labor force participation rate: 64.7%
  • Median household income: $56,648
  • Livability score (out of 100): 75
13. Baltimore, Maryland
  • Typical home value: $187,450
  • Typical rent: $1,744
  • Unemployment rate: 3.2%
  • Labor force participation rate: 62.1%
  • Median household income: $58,349
  • Livability score (out of 100): 77
14. Wichita, Kansas
  • Typical home value: $202,485
  • Typical rent: $1,094
  • Unemployment rate: 4%
  • Labor force participation rate: 66%
  • Median household income: $60,712
  • Livability score (out of 100): 68
15. Evansville, Indiana
  • Typical home value: $192,114
  • Typical rent: $981
  • Unemployment rate: 4.2%
  • Labor force participation rate: 64%
  • Median household income: $49,853
  • Livability score (out of 100): 66
16. Milwaukee, Wisconsin
  • Typical home value: $212,016
  • Typical rent: $1,322
  • Unemployment rate: 3.7%
  • Labor force participation rate: 64%
  • Median household income: $49,733
  • Livability score (out of 100): 79
17. York, Pennsylvania
  • Typical home value: $262,440
  • Typical rent: $1,210
  • Unemployment rate: 3.6%
  • Labor force participation rate: 64.5%
  • Median household income: $42,351
  • Livability score (out of 100): 73
18. Omaha, Nebraska
  • Typical home value: $286,124
  • Typical rent: $1,390
  • Unemployment rate: 3.3%
  • Labor force participation rate: 69.9%
  • Median household income: $70,202
  • Livability score (out of 100): 83
19. Springfield, Missouri
  • Typical home value: $235,075
  • Typical rent: $1,228
  • Unemployment rate: 3.8%
  • Labor force participation rate: 59.6%
  • Median household income: $43,450
  • Livability score (out of 100): 74
20. Syracuse, New York
  • Typical home value: $194,277
  • Typical rent: $1,499
  • Unemployment rate: 3.7%
  • Labor force participation rate: 57%
  • Median household income: $43,584
  • Livability score (out of 100): 77
21. Rochester, New York
  • Typical home value: $227,390
  • Typical rent: $1,469
  • Unemployment rate: 3.7%
  • Labor force participation rate: 61.6%
  • Median household income: $44,156
  • Livability score (out of 100): 76
22. Norfolk, Virginia
  • Typical home value: $302,883
  • Typical rent: $1,603
  • Unemployment rate: 3.2%
  • Labor force participation rate: 70%
  • Median household income: $60,998
  • Livability score (out of 100): 81
23. Kansas City, Missouri
  • Typical home value: $246,401
  • Typical rent: $1,395
  • Unemployment rate: 3.8%
  • Labor force participation rate: 69%
  • Median household income: $65,256
  • Livability score (out of 100): 78
24. Buffalo, New York
  • Typical home value: $231,648
  • Typical rent: $1,389
  • Unemployment rate: 3.9%
  • Labor force participation rate: 60.2%
  • Median household income: $46,184
  • Livability score (out of 100): 79
25. Fort Wayne, Indiana
  • Typical home value: $235,574
  • Typical rent: $1,267
  • Unemployment rate: 4.1%
  • Labor force participation rate: 66.2%
  • Median household income: $58,233
  • Livability score (out of 100): 84
- November 14, 2024
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