THE BEST CITIES TO INVEST IN THE USA

 THE BEST CITIES TO INVEST IN THE USA

The best cities to invest in the USA

As an investor, it's important to choose the right city for your investment. Demographic and economic factors are key to a successful real estate investment. According to a study by GoBankingRates, here are the top 5 best cities to invest in the US.

Best cities to invest in the USA

1 Arlington, Texas

Population growth: 2.2%

Employment growth: 3.4%

Increase in housing value: 10.3%

Rental yield: 7.5%

According to GoBankingRates, Arlington takes first place in the ranking. Indeed, over the past two years, the city has experienced healthy population growth. Additionally, its 3.4% year-over-year employment increase is among the best.

Additionally, Arlington's median home price of $240,000 is affordable, but rents are relatively high at $1,498. This allows for a high rental yield and the potential to pay off your property in just over 13 years. Overall, this makes Arlington the best city to own real estate.

2 Orlando, Florida

Population growth: 4.8%

Employment growth: 3.5%

Increase in housing value: 10.7%

Rental yield: 5.7%

For the third year in a row, Orlando has been ranked among the top five cities for owning investment properties. But for the first time, it's no longer the best place to invest in real estate. Orlando's 4.8% population increase is second only to Seattle and Miami. And Orlando's job growth is second only to Seattle, making it the second-best city for owning investment properties.

Read also: Is this the right time to buy a house in the United States?

3 Tampa, Florida

Population growth: 4.6%

Employment growth: 2.3%

Increase in housing value: 13%

Rental yield: 5.1%

Tampa has ranked among the best cities for real estate investing for the third consecutive year. Its population has grown by more than 4.6% over the past two years, and its job growth of 2.3% is better than average. However, other cities on Florida's west coast, such as St. Petersburg and Port Charlotte, are also worth considering.

4 Cleveland, Ohio

Population growth: 1.2%

Employment growth: 1.0%

Increase in housing value: 7.5%

Rental yield: 10.2%

Cleveland is one of the strongest real estate markets in the country, offering investors strong cash flow and future growth. With a population of over 2 million, Cleveland has the 12th-largest economic region in the country. Population and job growth are slowly but steadily increasing. In fact, Cleveland is among the markets offering the highest returns, with yields exceeding 10%.

5 Seattle, Washington

Population growth: 5.9%

Employment growth: 3.3%

Increase in housing value: 11.3%

Rental yield: 4.1%

One of the main factors that makes Seattle one of the best cities for real estate investment is its rapidly growing population. With a 5.9% increase from 2016 to 2018, Seattle has the highest overall growth rate. Seattle also has one of the highest year-over-year employment increases.

There are different markets for different investors. Depending on what you're looking for, you'll need to choose one city over another. For those who prefer security with lower returns but higher capital gains potential, the Florida markets are the most suitable. For those who prefer cash flow, a market like Cleveland will be more suitable.