- Niche's 2020 ranking of the best cities to live in America highlights areas based on crime rate, public school, cost of living, and job opportunity data.
- Arlington, Virginia, ranked first on the list, and two Texas cities made the top five.
- Visit Business Insider's homepage for more stories.
For homebuyers and renters alike, experts agree that location is probably the most important part of finding a place to live.
And as some US cities battle a real estate market impacted by the coronavirus pandemic, the projected decrease in home prices over the next year could mean it's the right time to make a move.
With that in mind, Niche's 2020 report of the best cities to live in America ranked the best places to live in the US based on crime rates, public school systems, costs of living, and job opportunity, among other factors stemming from US Census, FBI, BLS, and CDC data.
Here the top five cities the report ranked as the best places to live in America in 2020.
5. Plano, Texas
Plano is a dense suburban city with a population of just under 300,000. Around 40% of residents rent while around 60% of residents own their homes.
Plano ranks in the top 10 US cities to buy a house and raise a family, and the community is known to be home to many families and young professionals.
The median home value in Plano is $291,300 and the median rent is $1,330.
4. Ann Arbor, Michigan
Ann Arbor has a population of around 120,000, where around 55% of residents rent while 45% of residents own their homes. Ann Arbor ranks in the top 10 US cities to raise a family, and ranks third on the list of cities with the best public schools in America.
The area is known for its urban suburban feel — a description Niche arrives at by considering population density — and is home to many young professionals.
The median home value in Ann Arbor is $298,400 and the median rent is $1,213.
3. Naperville, Illinois
Naperville is a dense suburban city with a population of just under 150,000, where around 76% of residents own their homes. Home to a large population of families and young professionals, Naperville is ranked as the best city to raise a family in America, and first on the list of cities with the best public schools in America.
The median home value in Naperville is $410,800 and the median rent is $1,462.
2. The Woodlands, Texas
The Woodlands is a dense suburban city with a population of just over 100,000, where around 71% of residents own their homes. Home to a large population of families and young professionals, The Woodlands ranks second on the list of best city to raise a family in America.
The median home value in The Woodlands is $361,500 and the median rent is $1,567.
1. Arlington, Virginia
Arlington is an urban city with a population of around 230,000. Around 57% of residents rent while around 43% of residents own their homes.
Arlington ranks third on the list of best cities to raise a family in America, and fifth on the list of best cities for young professionals in America.
The median home value in Arlington is $669,400 and the median rent is $1,936.
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