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November 2014

Bellevue Judged Second Most Livable City

November 2014 - NWREporter

Bellevue's well educated population and economic vitality helped propel it to second place in a recent ranking of America's 50 most livable cities. Topping the list was Newton, Massachusetts, a suburb of Boston.

The "most livable" rankings, compiled by 24/7 Wall St., were based on a range of variables, including crime rates, employment growth, educational attainment, housing affordability, and the availability of certain amenities such as parks, access to outdoor activities, and sports clubs.

None of America's largest cities were among the nation's best places to live, primarily due to high crime rates and above-average poverty rates.

In singling out Bellevue, the report's authors noted its "very well educated population" (more than 64 percent of adult residents have a college degree, among the highest rates in the nation.) Also noteworthy was its 4.7 percent unemployment rate. On the downside for scoring were the city's expensive homes (median home value reported to be $507,600) and relatively high taxes (in the absence of a state income tax).

To determine the "best cities" 24/7 Wall St. reviewed data on the 550 areas measured by the U.S. Census Bureau with populations of 65,000 or more. Its top ten most livable cities and their median house values are:

No. 1: Newton, Massachusetts (suburb of Boston)  $689,900
No. 2: Bellevue, Washington $507,600
No. 3: Mountain View, California (Santa Clara County) $749,000
No. 4: Pleasanton, California  $694,300
No. 5: Evanston, Illinois $360,900
No. 6: Irvine, California (in Orange County) $630,400
No. 7: Troy, Michigan $203,400
No. 8: Cary, North Carolina (near Raleigh) $298,200
No. 9: Flower Mound, Texas (near Arlington) $277,900
No. 10: Johns Creek, Georgia (near Atlanta)  $337,900

24/7 Wall St., LLC is a Delaware corporation which runs a financial news and opinion company with content delivered over the Internet. The company's articles are republished by many of the largest news sites and portals.