These are America’s top small cities in 2023
A small city might be the answer for those eager to escape the hustle, bustle, and traffic of a big urban center without leaving all of the culture, restaurants, and enter𒅌tainment behind.
The in America in 2023 is , according to from personal finance websit🅷e WalletHub. The affluent about 30 minutes north of Indianapolis is walkable and bikeable, and it has a cute downtown.
“There may be greater opportunities to own a home and have discretionary income when living in a smaller place. It may also be easier to build strong relationships with neighbors, local business owners, and community members,” Victoria Morckel, a senior teaching specialist at Michigan State University, said in a statement. “However, small cities may have fewer amenities, cultural attractions, entertainment options, and restaurants compared to large ur💞ban centers.”
Walle🌞tHub looked at more than 1,300 cities with between 25,000 and 1▨00,000 residents to come up with its ranking. It analyzed everything from housing costs and school ratings to the number of restaurants per capita and the local crime rates.
Three of 𓆉the were in Indiana, with another three in Massachusettsꦿ.
Carmel came out on top as the city of ju💫st under 100,000 residents has an arts and design district, a top school district, and residents who earn a higher-than-average median incom🍌e. It also boasts the 27-mile, multiuse Monon Trail, which goes into downtown Indianapolis.
Homes in the city were pricier than in much of the rest of the couಌntry. The median home list price in Carmel was $629,225 in August, according to the most recent data♑ available. That’s about a third more expensive than the national median of $435,450.
The majority of are single-family houses, although there are condos and townhomes. About a third of the home💙s listed on Realtor.com were new construction.
Quirky fact: Carmel is also home to th♎e Museum of Miniature Houses and Other Collections.
“People buy a ‘bund♏le’ when they invest in their home. It starts with the house, but it doesn’t end there,” Georgette Chapma🙈n Phillips, dean of the College of Business at Lehigh University, said in a statement.
She encouraged local policymakers to “make sure your city retains the right amenities for the residents [such a🌠s] parks/recreation, performing arts, [and] academically superior public education.”
This story was originally published on , a real estate and rentals site. In addition to homes for sale, you can find rentals like , , , and more.
