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These Small Cities Were Just Named the Best in America: Here's Why
WalletHub said the top cities combine low crime, strong job markets and high incomes, with Lexington, Massachusetts, posting the highest ranking.
- WalletHub ranked Lexington, Massachusetts, as the top small city in America, with Brookfield, Wisconsin, in second place and Carmel, Indiana, in third.
- The personal finance website analyzed more than 1,300 U.S. cities with populations between 25,000 and 100,000 using 45 key indicators including affordability, economic health, education, quality of life, and safety.
- Lexington reported a median annual household income of more than $238,000 with a 783 median credit score, while nearly 98% of residents had health insurance and unemployment stood at 3%.
- WalletHub analyst Chip Lupo said small cities "make up for these shortcomings in other areas," offering strong job markets, high-quality education, and safe living conditions.
- Nearly 47% of Americans prefer living in suburbs, compared with 24% favoring urban areas and 23% preferring rural communities, according to WalletHub.
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