"City Rankings: Austin Drops Again While CT Cities and Colorado Mountain City Rise in Best Places to Live List"

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Source: Fox Business
"City Rankings: Austin Drops Again While CT Cities and Colorado Mountain City Rise in Best Places to Live List"
Photo: Fox Business
TL;DR Summary

Austin, Texas has dropped to No. 40 on U.S. News & World Report's "Best Places to Live in the USA" list for 2023-2024, marking the third consecutive year of decline. The city's growth has made it more expensive and increasingly prone to violent crime and homelessness. High taxes are also hurting businesses more than landlords in Austin. Despite the drop, Austin still ranks as the No. 1 city to live in Texas and falls at No. 13 on a list of the fastest-growing places in the U.S.

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