Markets & Economy

Families and singles alike flock to smaller metros

Big city living isn't as attractive as the small-town lifestyle nearby.
  • Submarkets/suburbs of major metros cited as top cities for families
  • Markets cited as tops for singles are likely not going to see spikes in sales activity, as singles tend to rent more than own
  • There are a number of mid- to small-sized cities that are apparently very "livable"

Big-city living isn't for everyone. The best mid- to small-sized cities for singles are located near either a major metro or large university, according to a report from Livability.com. Top markets cited for singles included: Carrboro, North Carolina (near the University of North Carolina) Hoboken, New Jersey (near New York City) West Hollywood, California (borders Los Angeles) Oxford, Mississippi (home of the University of Mississippi) San Marcos, Texas (home of Texas State University) Ypsilanti, Michigan (home of Eastern Michigan University) Ames, Iowa (homes of Iowa State University) Miami Beach, Florida (just north of South Beach) Athens, Georgia (home of the University of Georgia) Moscow, Idaho (home of the University of Idaho) These locales have a high percentage of unmarried people ages 20 to 34, a number of whom live alone. Generally, these individuals are more likely to rent than buy, so these findings are likely good news to multifamily owner...