Denver ranks No. 1 on U.S. News & World Report’s list of the 2016 Best Places to Live.
U.S. News analyzed 100 cities based on quality of life, job market, as well as the value of living there and people’s desire to live there. Denver had an overall score of 7.8 out of 10.
Austin, Texas, came in No. 2 with a 7.7 score; Fayetteville, Ark., got 7.5; Raleigh-Durham, N.C. got 7.5.
Colorado Springs came in fifth with a 7.4 score.
“The Best Places to Live ranking accounts for the most important concerns people have about where to live, such as cost of living, employment opportunities and access to good schools,” Miriam Weiner, U.S. News’ product manager for Real Estate, said in a release. “Top-ranked areas not only have steady job markets, but they also have attributes, that contribute to a high quality of life — affordability, low crime rates, shorter commute times and quality health care.”
Each city was ranked in five categories.
To determine the scores, researchers assigned the job market index 20 percent of each city’s total rating. This included the unemployment rate and the median salary.
They developed a “value index,” which is a measure of affordable living. Researchers compared median household income to cost of living and weighed the results at 25 percent of the score.
The highest percent of the score came from a quality of life index, which got 30 percent. This included crime rates, education, health care, commuting and well being.
Fifteen percent of the score was based on a consumer survey that asked people where they wanted to live.
And the final 10 percent was whether people are moving into the city or moving away from it.