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Published on May 22, 2024
Austin Soars to No. 9 in 'Best Places to Live' Ranking, Besting All Texas CitiesSource: City of Austin

Austin has swooped back into favor, according to the latest U.S. News & World Report rankings, which see the Texan city perching at No. 9 among the "Best Places to Live" in America for 2024-2025. After a shocking drop to No. 40 last year, Austin has climbed a significant 31 spots on the list—a recovery that positions it once again as a top urban choice for Americans, as reported by KXAN.

Following a series of ebbs and flows in its rankings, with Austin hitting rock bottom in 2023, it now outshines every other city in Texas on this year's list. Known for its dynamic and diverse economy, access to nature, and a music scene that is unparalleled, Austin holds the title of the best place to live in the state, declared Austin Mayor Kirk Watson, told KXAN in a statement.

This year's ranking system by U.S. News & World Report has seen significant changes, now focusing on city-specific data as opposed to metropolitan statistics as reported by KVUE. The change reflects an adapted approach that targets zip code precision. The spotlight has also shifted more towards the job market and value, in response to growing concerns among Americans over housing affordability and career prospects.

"Rising concerns about career prospects, housing affordability, and increased cost of goods and services are reflected in this year’s rankings," said Erika Giovanetti in a press release, reported by KVUE. The report's recalibration signals an expanding appetite for cities that not only offer a premium lifestyle but also lend an economic advantage to their residents.

The survey's multifaceted ranking system, which assesses value, job market, desirability, and quality of life, ranked Austin with an overall score of 6.8 out of 10. The adaptation of the survey's methodology and a public survey encompassing thousands of individuals throughout the U.S. reflect the shifting tides in what Americans deem important in their ideal living location, according to both outlets.

Austin-Real Estate & Development