ECONOMY & WORK
MONEY 101
NEWS
PERSONAL FINANCE
NET WORTH
About Us Contact Us Privacy Policy Terms of Use DMCA Opt-out of personalized ads
© Copyright 2023 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.
MARKETREALIST.COM / ECONOMY & WORK

Here's What Makes Naperville The Best US City To Live In For 2024

The “2024 Best Places to Live in America,” report from Niche included 230 cities and over 18,000 places.
PUBLISHED MAR 27, 2024
 The skyline of Naperville, IL in 2022 | Wikimedia Commons | Photo by Sea Cow
The skyline of Naperville, IL in 2022 | Wikimedia Commons | Photo by Sea Cow

While people living in buzzing cities like New York and Los Angeles may say that they live in the best of the US, a new study from Niche has revealed that it is not the case. The “2024 Best Places to Live in America,” report which included 230 cities and over 18,000 places has ranked the old city of Naperville as the best place to live in for this year. Thus, for people looking to move, the report from the data-driven platform may prove to be useful.



 

The city of Naperville in Illinois has been ranked as the #1 Best City to Live in America for the first time by Niche. The city has an extensive forest reserve network and parks, and it also performs well in several other factors.

The city has a long history which is reflected in the variety of architectural styles that define its cityscape. Since the city sits on the bank of the DuPage River, it provides its residents with a scenic riverfront and visitors. The city also offers multiple sports complexes, miles of hiking trails, and plenty of year-round outdoor recreation.

Downtown Naperville, IL on the riverwalk | Wikimedia Commons | Photo by David Jakes
Downtown Naperville, IL on the riverwalk | Wikimedia Commons | Photo by David Jakes

Naperville is just 35 miles west of Chicago, which provides residents access to the Windy City’s job market and economic opportunities. Thus, the median household income in Naperville is nearly twice the nation’s average, according to Niche.

On top of that, the city has an excellent public school system and family amenities. This, however, has driven housing prices higher. According to data from Zillow, the median home value in Naperville stood at $538,826, which is 10% higher than last year. Despite rising home prices, the weakest factor for the city was the weather, where it got a C+ rating.

The Woodlands in Texas, a community north of Houston was ranked second after Naperville. The city was also highlighted as one of the most affordable places to retire in the South with a median home value here is $303,002, which is below the national average, according to Zillow.

The third best city as per Niche was Cambridge, Massachusetts. The city was also ranked number one in the best spots for young professionals category. Cambridge is the home to Harvard University, a thriving technology industry, and a network of several other educational institutions. However, the downside of living in Cambridge is expensive housing, as per Niche.



 

In terms of the best places to live, the Colonial Village in Arlington, Virginia bagged the top spot. As per Niche, the neighborhood performed well across several factors such as cost of living, diversity, housing, jobs, and the shortest commute (to Washington D.C).

Niche also ranks the best places and the best neighborhoods to live in for young professionals. In this category, New York City's Hell’s Kitchen bagged the top spot. The Manhattan neighborhood received high scores on diversity, and a sense of community and is well-reviewed for its family-friendly vibe.

Furthermore, as per Niche, the cheapest city to live in the U.S. was South Bend, Indiana, meanwhile, the cheapest ‘place’ to live in was the Texas Hill Country town of Heidelberg, which is a small enclave located just outside McAllen.

MORE ON MARKET REALIST
There was no official announcement or statement by the company about the move.
1 day ago
He also cautioned that investors are ill-prepared for the challenges that lie ahead as the AI cycle enters a "more dangerous phase."
1 day ago
The price point of these passes may come as a surprise to some as prices of necessities are rising.
1 day ago
The contestant did his best but was not able to get the correct answer in his ten seconds.
1 day ago
He tore the President apart in a video on social media, making his disapproval known.
1 day ago
The faulty products could lead to serious harm and may even result in death in the worst case.
1 day ago
The report paints a picture of how the future of work may look like.
2 days ago
Some of the largest Fortune 500 companies across sectors have announced job cuts this year.
2 days ago
The rise in AI stocks has been triggered by remarks made by Fed officials indicating a greater chance of a rate decrease next month, he warned.
2 days ago
The Iceberg Index suggests AI could have a $1.2 trillion impact in wage value.
2 days ago
The experts addressed that after 11 months in office, Trump is seen as accountable for the economy and inflation rates.
3 days ago
According to Wright, the growth in property prices will be "flat" by year's end, with a continuing slowdown already apparent.
3 days ago
The matter of healthcare has become a part of the wider affordability issue Americans face today.
4 days ago
This was perhaps one of the rarest instances in the show's long and storied history.
4 days ago
While share prices are down, there are a lot of things that one needs to consider before investing
4 days ago
Ray had given his twin a piece of advice, but he emphasized the importance of having fun on the show.
4 days ago
The contestants did not let the host off the hook easily, and Harvey was not too comfortable.
5 days ago
This is not a good look for the supermarket chain as infants' lives are at stake.
5 days ago
The protestors have voiced their concerns over the companies bowing down to the President's demands.
5 days ago
Albert Edwards has warned that there are some key elements which will make the fallout worse.
5 days ago