You don’t need to look too far to realize that Florida has been a top state for relocating Americans over the past few years. Whether it is the tropical climate, booming economy, lack of state income tax, or simply freedom, many Americans have decided to pick up and head south. So how does The Sunshine State compare to the rest of the country as a place to live? Recently, the site WalletHub performed an analysis comparing the 50 states based on 52 key indicators of livability. They range from housing costs and income growth to education rate and quality of hospitals. We discuss some of the key findings below. To read the full report, click here.
Top 10 states to live in
Overall Rank | State | Total Score |
1. | Massachusetts | 62.65 |
2. | New Jersey | 62.01 |
3. | New York | 60.64 |
4. | Idaho | 58.73 |
5. | Virginia | 58.73 |
6. | New Hampshire | 58.25 |
7. | Florida | 58.07 |
8. | Wyoming | 58.00 |
9. | Minnesota | 57.99 |
10. | Wisconsin | 57.92 |
In order to determine the best and worst states to live in, WalletHub compared the 50 states across five key dimensions:
- 1. Affordability
- 2. Economy
- 3. Education & Health
- 4. Quality of Life
- 5. Safety
How did Florida grade out?
Based on the criteria listed above, The Sunshine State graded out as follows:
- Overall rank: 7th
- Total score: 58.07
- Affordability: 33
- Economy: 6
- Education & Health: 25
- Quality of Life: 5
- Safety: 15
Summary
Given the number of Americans relocating to the State of Florida, these results are somewhat surprising. In particular, the top 3 states of Massachusetts, New Jersey, & New York are some of the most common states that we see people migrating from. Of course, this study is a statistical analysis using certain algorithms and does not take into consideration recent moving trends. With this said, The Sunshine State continues to lead the country as the top destination state for relocating Americans.
Are you ready to move to paradise? We can help. Contact one of our friendly Live South Florida Realty, Inc. team members today to get started! You will also want to download our free Florida Home Search App for your mobile device as well.