- Posted by Bobbi Ebbing
- On April 30, 2019
According to a recent Yahoo Finance article, Carmel, Indiana has been named the #1 Best Place to Raise a Family in the Midwest in 2019!
Here is an excerpt from the article:
If you’re looking to raise a family, the city you call home can affect many parts of your life. It potentially impacts the jobs available to you, how much you earn, how much it costs to live comfortably and how easy it is to build savings. Other factors like local schools and population also play a large role. We at SmartAsset understand that choosing where you and your family live is a big decision, and that’s why we created this list. Using data across 12 states in 10 metrics, we ventured to find the best places in the Midwest to raise a family…
1. Carmel, IN
Not only is Carmel, Indiana No. 1 on our list, but it also has a sizable lead over the second-place city. It scores well in nearly every metric and ranks in the top 10 for six out of the 10 metrics. Housing costs here make up just 15.35% of the median income, which is the best rate in our study. Similarly, Carmel has the lowest poverty rate at 2.20%. Unemployment is just 2.50%, which is the fourth best. Looking at education-related metrics, the city ranks seventh for both its high reading proficiency as well as its graduation rate of 90.85%. The rate of property and violent crime in Carmel is also second-lowest in the study.
Image credit goes to the linked Yahoo article listed above.