The Best US Cities for Families, With Affordable Homes and Childcare

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The Best US Cities for Families: A Comprehensive Guide

Introduction: Choosing the Right City for Your Family

When it comes to raising a family, choosing the right city to call home is one of the most important decisions you can make. With so many factors to consider—such as the quality of schools, the cost of childcare, median household income, and commute times—it can be overwhelming to determine where your family will thrive. LendingTree, a leading online loan marketplace, has taken the guesswork out of this decision by ranking the top US cities for families based on data from the Census Bureau’s 2023 American Community Survey. In this guide, we will explore the findings of LendingTree’s study, highlighting the best cities for families and the factors that make them stand out.

The Study: How LendingTree Ranked the Best Cities for Families

LendingTree’s economic research team analyzed data from the 50 largest US metropolitan areas to identify the best cities for families with children. The study considered several key factors, including median household income for families with children, average childcare costs for an infant and a 4-year-old, and commute times. The goal was to determine which cities offer the best balance of affordability, economic stability, and quality of life for families. Surprisingly, the cities that topped the list were not the bustling metropolises of the East and West Coasts but rather more laid-back cities in the Mountain, Midwest, and Southern regions.

Key Findings: The Top Cities for Families

The study revealed that the top five cities for families are Salt Lake City, Minneapolis, Cincinnati, Kansas City, and Raleigh, North Carolina. These cities were chosen for their affordability, lower childcare costs, and shorter commute times compared to other major cities. For example, Salt Lake City and Minneapolis offer a great balance of high median household incomes and relatively low childcare costs, making them ideal for families. Cincinnati and Kansas City also stood out for their affordability and strong economic stability. Raleigh, North Carolina, while slightly more expensive than the others, boasts a high median income and a low percentage of children living below the poverty line.

Expert Insights: Why These Cities Stand Out

According to Matt Schulz, LendingTree’s chief analyst, the cities that ranked highest are generally more affordable for raising children compared to other major cities like Miami, Las Vegas, New York, and Los Angeles. "It’s really expensive in New York City and other big cities in California," Schulz noted. "In those places, the cost of childcare may be more costly. In many cities on the coast, even if you’re making a higher income, paying the bills can still feel difficult." Schulz emphasized that the top-ranked cities offer a better quality of life for families, with more manageable living costs and shorter commute times, which are crucial for working parents.

The Top 10 Best Big US Cities for Families

Below are the 10 best big US cities for families, according to LendingTree’s ranking:

  1. Salt Lake City, Utah: Known for its high median household income and relatively low childcare costs, Salt Lake City is an ideal choice for families.
  2. Minneapolis, Minnesota: Offers a great balance of high income and affordable childcare, making it a top pick for families.
  3. Cincinnati, Ohio: Boasts affordability and strong economic stability, making it a great place to raise a family.
  4. Kansas City, Missouri: Known for its affordability and short commute times, Kansas City is a great option for families.
  5. Raleigh, North Carolina: While slightly more expensive than the others, Raleigh offers a high median income and a low percentage of children living below the poverty line.
  6. Denver, Colorado: Offers a high median income and a strong economy, making it a great choice for families.
  7. Austin, Texas: Known for its vibrant economy and relatively low childcare costs, Austin is a great place to raise a family.
  8. Indianapolis, Indiana: Offers affordability and a low percentage of children living below the poverty line, making it a top choice.
  9. Dallas, Texas: Boasts a high median income and a strong economy, making it a great option for families.
  10. San Jose, California: While more expensive than the others, San Jose offers the highest median income and a low percentage of children living below the poverty line.

Conclusion: Making the Best Decision for Your Family

Choosing the right city for your family is a decision that should not be taken lightly. LendingTree’s study provides a valuable guide for families considering relocation or looking to settle down in a city that offers the best balance of affordability, economic stability, and quality of life. While the top-ranked cities may not be the most glamorous or well-known, they offer the practical advantages that are most important for raising a family. By considering factors like median household income, childcare costs, and commute times, LendingTree’s study helps families make informed decisions about where to call home. Whether you’re looking for a more laid-back lifestyle in the Midwest or the economic opportunities of the South, there’s a city on this list that can meet your needs and provide a thriving environment for your family to grow.

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