On the heels of finding a spot on Time magazine's Healthiest Places to Live, the city of Plano was awarded the No. 2 ranking in CreditDonkey.com's "10 Best Cities to Live in Texa," study, published Aug. 1.
The site gathers information for national studies often, but editors decided to hone in on particular states this year, said Charles Tran, founder of CreditDonkey.com.
"While we usually do a national level study, we started to do state-level stories this year as it gives us an opportunity to highlight cities that usually escape the attention of folks outside the state," he said. "Plus with major companies like Toyota choosing to move to Texas, it felt like more people are considering the move to Texas."
The credit card comparison and financial education website analyzed key factors in determining the best places for families to live: crime rate, commute time, income, education and restaurants per capita.
The study evaluated safety by looking at the odds of becoming a victim of a violent crime. Each city on the list includes a 30-minute commute time or less, and the study reflects the median household income for each city. Education was analyzed by studying the percentage of residents who hold a bachelor's degree or higher.
Plano ranked second, just behind Richardson and ahead of Sugarland. With a population of more than 270,000, Plano is the largest city on the list. In Plano, the site's results recorded:
- 1 in 765 odds of becoming a victim of a violent crime
- 25.6 minutes commute time
- $83,193 median household income
- 54% of residents have a bachelor's degree or higher
- 1 restaurant per 480 inhabitants
The data was collected from information via the U.S. Census Bureau and FBI, according to the article. Visit https://www.creditdonkey.com/live-texas.html to see the full list of cities.
