10. Sioux Falls, South Dakota
Sioux Falls ranks in the top third of the study for three of the four categories we considered. Specifically, it places 10th for livability, 45th for affordability and 58th for home market favorability.
Across specific metrics, Sioux Falls has the second-lowest average commute time (less than 17 minutes) and the 13th-highest under-45 homeownership rate (about 53%) overall. The state of South Dakota has the fifth-lowest foreclosure rate overall, at 0.16 per 10,000 homes.
Sioux Falls ranks 80th in the category of employment. Although unemployment in Sioux Falls is currently low relative to other large U.S. cities and the national average, incomes have remained stagnant in the city over the past several years.
Between 2013 and 2018, the median household income in Sioux Falls rose by less than 11%, unadjusted for inflation.