Cedar Rapids is the 13th best city in the United States for first-time homebuyers, according to a new survey by the personal financial website WalletHub.
The report analyzed 300 cities of varying sizes nationwide on a variety of factors affecting people looking to buy their first home. Key indicators included market attractiveness, affordability and quality of life, using data ranging from cost of living to real-estate taxes and property-crime rates.
Davenport ranked 38th overall in the survey, while Des Moines came in 49th. No other Iowa city was included in the top 300.
Cedar Rapids ranked third among the report’s 135 small cities – those with populations of 150,000 and under — in the report; Davenport was 16th. Des Moines was ranked 21st among the report’s 99 medium-sized cities, those with populations of 150,000 to 300,000.
Chesapeake, Virginia topped the overall survey, followed by Gilbert, Arizona and Lincoln, Nebraska. A number of California cities occupied the survey’s bottom nine spots, including Burbank, Los Angeles, San Francisco and Oakland.
For more on the survey’s results and methodology, click here.
