In the latest rankings of America’s most livable small cities, Troy, Michigan takes the top spot.
With a population of 87,000, Troy stands out for its affordability and quality of life.
Housing costs here average just 15.0% of the median household income of $109,444, making it highly accessible for residents seeking economic stability and comfortable living.
Following closely behind is Rochester Hills, also in Michigan, where only 3.6% of the population lives below the poverty level—significantly lower than the national average of 11.3%.
This economic prosperity contributes to a thriving community with ample opportunities for its residents.
Eau Claire, Wisconsin claims the third spot on the list, praised for its short average commute of under 16 minutes and nearly universal health insurance coverage.
These factors, combined with low unemployment rates, underscore its appeal as a livable small city.
In fourth place, Franklin, Tennessee boasts a vibrant cultural scene with a high concentration of arts, entertainment, and leisure businesses.
Meanwhile, Redmond, Washington offers residents short commute times and reasonable housing costs, ensuring a balanced lifestyle for its population.
Certified Financial Planner and Managing Editor at SmartAsset notes, “Small cities may offer cost benefits for residents looking to stretch their income while enjoying a comfortable – and more spacious – lifestyle.”
This sentiment reflects a growing trend where smaller communities provide significant advantages in quality of life metrics.
Methodology and Regional Trends
The rankings highlight a dominance of Midwestern states, with Michigan, Wisconsin, and Minnesota securing multiple spots in the top ten.
Cities like Appleton and Oshkosh, Wisconsin, as well as Plymouth, Minnesota, showcase the region’s commitment to providing exceptional living conditions for their residents.
Further insights reveal Lakeville, Minnesota, boasting the lowest poverty rate at 2.3%, emphasizing its economic stability and community support.
Additionally, Champaign, Illinois, stands out for its incredibly short average commute time of just 13 minutes, enhancing work-life balance for its inhabitants.
From the tech-driven affluence of Palo Alto, California, to the community-centric appeal of West Des Moines, Iowa, each city brings unique strengths to the table.
Palo Alto’s high median household income and diverse business offerings underscore its status among the nation’s most livable cities, while West Des Moines combines affordable housing with a robust local economy.
Conclusion
The rankings by SmartAsset provide valuable insights into the factors that define livability in America’s small cities.
By evaluating metrics such as housing affordability, economic opportunity, and community amenities, these rankings help individuals and families make informed decisions about where to live based on their priorities and lifestyle preferences.