March 15, 2017 (STLRealEstate.News) Small towns can frequently get a bad reputation for being too tightknit and gossip oriented. But, not every small town is a boring place to live. America is known for the romanticized countryside, full of tiny homes everywhere you go. Realtor.com decided to sit down and analyze the top 10 most appealing small towns to live in 2017 – places people would actually want to settle down in.
Realtor.com ranked more than 500 U.S. Census-designated metropolitan areas by median home price, factored in low unemployment rates, crime rates below national average, and households that spend no more than 28% of their annual income on housing costs, so that they have just enough left over for everything else. The results were median home prices that ranked from just $65,500 to $139,000, a significant decrease from the median price tag of $800,000 in an area like San Francisco.
The number one finding was that Mexico, Missouri, with a media home price of $65,500 and an unemployment rate of 3.6%. The town is a surprise mecca for the arts, with no shortage of indigenous artist and ambitious local performers. It’s home to the Presser Performing Arts Center and a plethora of music and art festivals that take place year round.
Next comes Guymon, Oklahoma with unemployment at 3.1% and a media home price of $76,000. Located next to the Hugoton natural gas field, the town boasts a variety of jobs in oil, bio energy, and renewable energy. It’s also a diverse little place, home to refugees from Eritrea, Somalia, Sudan, and Myanmar, many who came over to work in the nearby pork factories.
After Guymon comes Decatur, Indiana, with an $81,900 media home price and 3.1% unemployment. It’s located just 30 minutes from Fort Wayne, but offers residents the same homes as a fraction of the price.
Finishing off with Oskaloosa, Iowa, and lastly, Hereford, Texas.