Skip to main content

The context you need, when you need it

When news breaks, you need to understand what actually matters — and what to do about it. At Vox, our mission to help you make sense of the world has never been more vital. But we can’t do it on our own.

We rely on readers like you to fund our journalism. Will you support our work and become a Vox Member today?

Join now

The best and worst cities for first-time homebuyers, mapped

There’s no yellow brick road to affordable housing, but Kansas sure is nice.
There’s no yellow brick road to affordable housing, but Kansas sure is nice.
There’s no yellow brick road to affordable housing, but Kansas sure is nice.
Getty/Moviepix

Dorothy was right about Kansas. It’s a great place to live, and there’s no place like home — especially for homebuyers. WalletHub says as much, crowning Overland Park, Kansas, as the best US city for first-time homebuyers.

This interactive map shows how 300 US cities ranked against one another for first-time homebuyers. Indicated by blue dots are the friendlier areas for buying a home; orange dots indicate less-friendly places.

Let’s be honest: The American dream is so closely tied with home ownership, it’s difficult to name an example archetype of a successful American who rents. That is, unless your definition of success includes the Dude, who abided in an apartment.

The average-but-special qualities of Kansas

What factors did WalletHub consider to determine that Kansas is so wonderful? The site looked at an index of factors that it believes make housing a good investment, including affordability, the living environment, and the strength of the local real estate market (read the full methodology here). Overland Park, Kansas, came out on top, but only in an average kind of way. Here’s the list of the top 10 cities, based on WalletHub’s three focus areas:

Five Texas cities joined Overland Park on the list, as did three Colorado cities and Broken Arrow, Oklahoma. No single city won the top spot in every factor ranking, which makes sense: Some cities have more houses available to buy, but the options may not be in good living environments, and vice versa.

Location, location, population

Overland Park, with fewer than 200,000 residents, hit a high of about 75 degrees on Tuesday. Beyond good weather, homebuyers also care about things like proximity to family, jobs, and lifestyle preferences. Since bigger cities tend to offer more options, let’s take a look at how they ranked (again, blue is friendlier):

There’s one big problem with using population size alone as a measurement of opportunity: Many cities are struggling to grow their economy despite a large population. A good example of this is Detroit, which ranked 104th out of the 300 largest global metropolitan areas in a Brookings Institution study of city growth since 2009. When comparing the growth of the same 300 cities between 2013 and 2014, Detroit ranked 237th.

So if you still want to buy in or near a city, consider a smaller city. In the ranking below, large is considered to be a city with more than 300,000 residents, midsize is 150,000 to 300,000, and small is fewer than 150,000. Just look at all these unusual options:

How do you feel about Frisco, Texas (and not “Frisco,” California)? Maybe you’re coming around to Overland Park, and starting to sway from Bryant Park. Wherever you choose to live, you’ll need luck, patience, and a bit of the Dude’s chill attitude to get there.


VIDEO: 220 years of population shifts in one map

Culture
Why Easter never became a big secular holiday like ChristmasWhy Easter never became a big secular holiday like Christmas
Culture

Hint: The Puritans were involved.

By Tara Isabella Burton
Future Perfect
OpenAI accidentally built one of the world’s richest charities. Now what?OpenAI accidentally built one of the world’s richest charities. Now what?
Future Perfect

The battle over what OpenAI owes the public.

By Sara Herschander
The Highlight
We’re in an economic boom. Where are the jobs?We’re in an economic boom. Where are the jobs?
The Highlight

AI is sending stocks soaring, rich people are spending big, and hiring is at a crawl. Here’s why.

By Heather Long
Technology
What podcasts do to our brainsWhat podcasts do to our brains
Podcast
Technology

I quit podcasts for a month and discovered a new reality.

By Adam Clark Estes
Podcasts
Why are there so many billionaires nowadays?Why are there so many billionaires nowadays?
Podcast
Podcasts

And what, if anything, should be done about it?

By Avishay Artsy and Noel King
Podcasts
The insidious strategy behind Nick Fuentes’s shocking riseThe insidious strategy behind Nick Fuentes’s shocking rise
Podcast
Podcasts

How a neo-Nazi infiltrated so deep into the Republican Party.

By Hady Mawajdeh and Noel King