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Money.com Names Rockwall #4 in USA In Best Places to Live List

by Front Porch Rockwall

 

 

Following its inaugural list of the Best Mortgage Lenders of 2020, Money – the digital destination for personal finance and news – announces its annual ranking of the Best Places to Live featuring 50 towns and cities where the economy, job growth, and housing market remained strong despite COVID-19 disruptions. This year, Money looked at towns and cities with a population of at least 25,000 and ranked the Best Places to Live putting the greatest emphasis on economic factors, like employment opportunities, as well as supply and demand for homes, cost of living, quality of schools, racial and economic diversity, and health and safety.

“This year, given the general uncertainty around where and how we’ll live, our list looks a little different,” said Prachi Bhardwaj, lead reporter of Money’s Best Places to Live. “We shifted our priorities to pay more attention to cities that aren’t just doing well now, but that show great promise and stability for the next five to ten years. We also included suburban towns situated further away from major metros and have more industry diversity than you’ve seen from our list in years past.”

Rockwall makes its debut on the Best Places to Live list this year, thanks to its status as one of the fastest-growing cities in one of the nation’s fastest-growing states. This Dallas suburb has experienced 19% job growth over the last five years and is projected to grow another 17% in the next five.

While Rockwall has not been immune to pandemic-related job losses, it’s made a relatively swift recovery. In June, the local unemployment rate sat at 7.2%, compared to a national average of 11.1%. Large employers in Rockwall include Special Products, a metal manufacturing company, Bimbo Bakeries, which manufactures breads and pastries, and L3Harris, an aerospace and defense contractor. Rockwall is also home to Texas Health Hospital Rockwall, which employs over 600 people.

Money’s Top 20 Best Places to Live include:

  1. Evans, GA
  2. Parker, CO
  3. Meridian, Idaho
  4. Rockwall, Texas
  5. Columbia, Maryland
  6. Westfield, Indiana
  7. Syracuse, Utah
  8. Franklin, Tennessee
  9. Woodbury, Minnesota
  10. Morrisville, North Carolina
  11. Ashburn, Virginia
  12. South Windsor, Connecticut
  13. St Peters, Missouri
  14. Chelmsford, Massachusetts
  15. Menomonee Falls, Wisconsin
  16. Mount Laurel, New Jersey
  17. Woodstock, Georgia
  18. Broomfield, Colorado
  19. Abington, Pennsylvania
  20. Midlothian, Virginia

For Money’s complete list of the Best Places to Live, click here. To learn more on the methodology of the ranking, click here.

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