Iowa Ranked 3rd Best State for Middle Class
USNews.com puts together a list of the best states in a wide range of categories. They just released the 10 Best States for the Middle Class and Iowa lands in third! Iowa ranks first for affordability and is the fourteenth best state among all of the states!
How did Iowa get this ranking?
The ranking looks at homeownership and affordability across the state. The reason Iowa ranks so highly on these lists is the cost of living. Iowa is an affordable state compared to others across the country, especially when it comes to comparing housing.
Another important aspect of the cost of living are the recreational opportunities offered. The cost of living that is too low can suggest that there is a lack of interest and development in a certain area. Iowa lands in the sweet spot, offering many great things to do at an affordable price compared to many other states.
“Iowa, Nebraska, Indiana, Wisconsin, South Dakota and Minnesota are among the top 10 of the Best States for the Middle-Class report, published earlier this month by personal finance company SmartAsset. A single Northeastern state and a trio of Mountain states also ranked in the top 10.