Among cities in Texas with populations greater than 25,000, Leander was ranked No. 3 and Cedar Park was ranked No. 6 for homeownership in a recent study by a national consumer advocacy website.
NerdWallet announced in January the results of its study, which used U.S. Census data from 2010–12. Cities were ranked based on cost of living, housing inventory and population growth.
Cost is represented as the percentage of household income spent on housing. Median monthly homeowner costs total $1,562 in Leander and $1,765 in Cedar Park, according to the report.
The availability of homes was measured by the area's homeownership rates. NerdWallet calculated growth based on population increases.
