Love City: Houston deemed the No. 1 city in America for young couples in new study
Financial website Credit Donkey is really stroking Texas' ego with its recent study on the best cities for young couples. According to the survey, the daunting tasks of buying your first house and starting a family are a little easier if you live in Texas.
Houston, Dallas and San Antonio earned the first three spots on the list, which looked at major metropolitan areas for three factors: Housing affordability, employment and the presence of other young couples.
According to the survey, buying your first house and starting a family are a little easier if you live in Texas.
Houston took the top spot because of an average mortgage rate of 4.13 percent, an unemployment rate of 5.9 percent and 15 percent of the population falling between 25 and 34 years old.
Dallas earned a No. 2 ranking for its great balance between professional and recreational opportunities. Along with 18 Fortune 500 companies, Dallas-Fort Worth is also home to 400 parks and 60 lakes. Big D also has the biggest urban arts district in America.
To pull out even more stats, Dallas boasts an average mortgage rate of 4.17 percent and an unemployment rate of 5.9 percent. As in Houston, about 15 percent of the Dallas population falls between the ages of 25 and 34.
San Antonio got some third-place love for its 5.8 percent unemployment rate — more than a full point below the national average. Even its mayor, 39-year-old Julian Castro, is the youngest mayor of the 50 most populous American cities. San Antonio's mortgage rates are the highest of the Texas trio, clocking in at 4.26 percent.
Beyond Texas cities, Seattle and Denver rounded out the top five. Columbus, Ohio; Boston; Portland; Tampa and Indianapolis also made the cut for reasons ranging from culinary innovation and edgy pop culture (Portland) to the unemployment rate dropping two full points in less than a year (Tampa).