Austin Makes MSN Real Estate’s Top 10 Most Livable, Affordable Cities List

Posted on Thursday, September 13th, 2012 at 12:04pm.

Cali Bock

Above: Austin view from I-35 traffic, by Cali Bock

On Thursday, Austin was named one of the ‘Top 10 Most Livable Cities’ along with Minneapolis, Richmond, Des Moines and Omaha, to name a few. MSN Real Estate partnered with Bert Sperling of Sperling's Best Places to evaluate the best bargain markets among the 100 largest metro areas in the nation. The group defined ‘livable’ as cities where unemployment was lower than the national average (unemployment as of March 2012), and they also evaluated commute times, entertainment and recreational options in the area. In order to be deemed ‘affordable’, MSN and Sperling measured the ratio of median home prices in 2012 to Austin’s median income. According to the article Austin’s strong points include our progressive, green initiatives and our 22nd spot on this years ‘Most Literate Cities’ list compiled by Central Connecticut State University.The article also touts the city’s job creation through the University of Texas as well as the presence of all the tech-based companies in the rolling ‘Silicon Hills’ (Samsung, Apple, AMD and Dell). Our setbacks- described as ‘growing pains’ – include the increasing, obvious congestion on Austin’s roads and our soaring rent prices. The nine other metro areas with top ten spots include: 1. Winchester, Virginia 2. Columbus, Indiana 3. Provo, Utah 4. Richmond, Virginia 5. Des Moines, Iowa 6. Asheville, North Carolina 7. Minneapolis, Minnesota 8. Omaha, Nebraska 9. Oshkosh, Wisconsin

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