realtor.com has provided a list of the parts of the country where people can build their careers—whether they’re just starting out or already well-established—and live in a reasonably priced home. These are booming places with plenty of job growth.
To find the best places to Have It All™, realtor.com analyzed a variety of data about the 250 largest metropolitan areas (a designation that includes the urban core of a city and surrounding smaller towns and cities), including:
- Median realtor.com home list prices under $350,000
- Median one-bedroom rent prices
- Median household incomes
- Unemployment rates
- Number of Fortune 1000 companies
- Job growth over the past year
- Share of households earning above $75,000
- Population growth from 2010 to 2017
HARTFORD, CT RANKED #8
Millennials are flocking to Hartford, and not just because it’s a mecca for good-paying insurance jobs.
“We have so many great companies that can compete on a global scale, so the goal is to get [local college] students to want to work here and live downtown," says David Griggs, president and CEO of the MetroHartford Alliance, Hartford’s economic development arm.
Real estate investors have made progress building new condominiums or renovating older units to take advantage of the number of young professionals coming to the area.
“There’s been a boom in residential living downtown, especially the old office buildings converted to residential spaces,” Griggs says.
That’s great for younger millennials. But buyers with families relocating to Hartford are heading for the burbs, which boast good schools. Folks can find single-family homes priced below $325,000 just outside of the city.
This original story, “Great Gigs and Cheap Cribs: 10 Dream Locales Where You Can Have It All,” by data journalist Lance Lambert appeared on Realtor.com August 29, 2018. Read the complete story.