In a Top Ten list released today by Forbes.com, Austin, Texas was named the #2 most family-friendly city in the United States!
Having lived in this area since 1988, and as a father of three now, I can attest to this fact. I often tell my clients who are relocating that Austin is a terrific place to start and raise a family.
This particular study focused on affordability for families. To rank the affordability of the country’s 40 largest metropolitan statistical areas, Forbes.com used the Economic Policy Institute‘s Basic Family Budget Calculator.
Austin posted the following numbers in the story:
Median Annual Family Income: $66,064
Average Annual Family Budget: $42,220
Budget as Percent of Income: 64%
The top city was a surprise to me – San Jose, California was at 55% for the last figure.
The entire article is here, and it includes links to all of the cities on the list, as well as those considered to be “least family friendly”:
One of the major reasons that Austin consistently gets buyers who want to relocate here is the fact that homes remain imminently affordable overall, with an average sales price in the low $200’s for the metro area.
If you are considering a move to Austin, Texas, I would love the opportunity to help you find the right home. Our Austin TX real estate website is www.austintexashomes.com. You might also be interested in checking out my online relocation package right here: