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Where Seniors Are Most and Least Financially Secure Where Seniors Are Most and Least Financially Secure Based on factors ranging from food stamp use to housing costs, these cities are where seniors are the best and worst off. Editor s Note: This story originally appeared on SmartAsset.com. A 2019 report from the Federal Reserve on the economic well-being of U.S. households says that only 37% of Americans think that their savings are on track for retirement. The rising costs of living, medical expenses and long-term care can make it difficult to save enough for annual retirement expenses. With this context in mind, SmartAsset compared data from 100 cities nationwide to identify and rank the places where seniors are the most and least financially secure. This is SmartAsset’s 2021 study on where seniors are most and least financially secure. Read the 2020 version here. ....
U.S. Cities Where People Are Spending the Most (and Least) on Housing Residents in some cities are paying double the housing costs found elsewhere. Editor s Note: This story originally appeared on SmartAsset.com. Average monthly housing costs across the 50 largest U.S. cities are $1,268, or about 14% higher than median monthly housing costs nationally ($1,112). Additionally, residents spend an average of 23.88% of their annual pre-tax income on housing costs in those cities, while the average American spends 20.31%. Though large cities are often more expensive when it comes to housing not to mention other living costs such as transportation and food some cities are more expensive than others. ....
U.S. Cities With the Most (and Least) Expensive Homes U.S. Cities With the Most (and Least) Expensive Homes If you re looking for an affordable place to live, here are the cities to check out and those to avoid. Editor s Note: This story originally appeared on Porch. Housing affordability has been a major topic of concern for researchers and policymakers in recent years. Access to affordable, quality housing is associated with a variety of positive economic and social outcomes, which makes it an important tool to encourage families to thrive. But historically, affordable housing has been out of reach for many. Low-income populations and racial and ethnic minorities are often excluded from the wealth-building benefits of homeownership. People who rent are far more likely to be cost-burdened by housing, according to U.S. Census Bureau data. And whenever income grows slowly as it has recently for certain groups housing affordability becomes even more of a challe ....
10 Cities With the Largest (and Smallest) Homes in America 10 Cities With the Largest (and Smallest) Homes in America When it comes to buying a home, in some cities, you ll pay more and get less. This story originally appeared on Filterbuy. The size of new single-family homes has increased substantially in the last few decades. However, a recent trend in slightly smaller homes that began several years ago might be reversed by the COVID-19 pandemic. As homebuyers spend more time at home, they are seeking houses with more space. According to data from Realtor.com, the median size of residential listings in the U.S. was 1,838 square feet in 2020, but home sizes vary widely by market. ....