Name: The Best Places to Live for Families
Uploaded: 2024-07-18
Duration: 3 min 41 s
Description: Fortune analyzed over 1,900 cities to come up with its annual list of 50 Best Places to Live for Families. Important factors include livability, financial health, education, diversity, walkability, crime rates, and more.

Fortune analyzed over 1,900 cities to come up with its annual list of 50 Best Places to Live for Families. Important factors include livability, financial health, education, diversity, walkability, crime rates, and more.

The Best Places to Live for Families

Health

Fortune analyzed over 1,900 cities to come up with its annual list of 50 Best Places to Live for Families. 

So much of your environment and where you live impacts your health has an impact on your family's health. It can influence how long you live. It's not just about, you know, the proximity to the hospital, it's about living in a place where people take care of each other. Fortune analyzed over 1900 cities to come up with our list of best places to live for families. This is the third year that we're doing this list. Fortune partnered with a number of different data partners to look at five major categories from financial health to lability to aging resources, education and family health care. And so we looked at nearly 200 different metrics looking at things like the social determinants of health. Close. Does someone live to a grocery store? What's the walk ability index like? What's the social isolation risk for older adults? You looked at housing prices, crime rates, diversity statistics. We are keeping in mind that our target audience is the sandwich generation. So the people who are raising kids, but they are also caring for aging parents or thinking about getting ready to care for aging parents. This cohort of people is growing in the US because we are living longer simultaneously. We are having kids later life. The number of people, 65 and older is said to nearly double in the next 40 years. And so a lot of times people find themselves in that mixture of needing both resources for their aging parents when it comes to independent living homes or just resources for older adults to thrive independently as well as really great schools for maybe their younger Children. So we are looking at communities that are really investing in the resources that serve both the youngest and the oldest people who live there. A lot of edge cities and suburbs where was to the top of the list. It's not necessarily the biggest city in the state, but it tends to be a city that might have really easy access to that urban center. We also tend to have a fair amount of university hounds on our list that really makes sense to us because the university will provide not just the students of that university, but the wider city, ample resources when it comes to community events, health care hospitals even so we have Ann Arbor Michigan in our top 10 this year as well. That's home to the University of Michigan. Silver Spring is our number one city on the list. Silver Spring is located just six miles outside of Washington DC, which is ideal if you commute there for work and also the housing prices have come down just a little bit this year. Not only does it have the highest well being index score of any city on our list, but it's also one of the most diverse cities on our list. The probability that two people in the city will be of different races is 73%. What makes Silver Spring Maryland stand out is that they are investing in the evolving needs of their residents over time trying to support older adults beyond just the four walls of a hospital. So for example, they have outings for older adults that join the village, they can go to a theater, they can go to guest speakers, they can all go to a museum together, they can have volunteers that help them take notes at their doctor's appointments. Help with transportation. Research has shown that the most defining factor of our happiness by the end of our lives is the strength of our relationships and there's no more important factor of where to find those relationships than where you live in the communities and where you live. And so that's why we have this list at fortune because the best place to live for families, you know, it's not just in the now it's going to affect you in decades to come.