Austin, Texas is the best city for veterans, with the lowest veteran unemployment rate in the nation, a strong economy, and appealing quality of life.
A new report from personal finance site WalletHub ranked 100 metros by examining veteran populations, quality of life, local health facilities for veterans, local economies, and employment opportunities. Realtor.com reports that Detroit is one of the worst cities for veterans, with one of the highest numbers of homeless veterans, and a high poverty rate among service men and women.
"Many veterans retire from the military by their mid-30s to mid-40s and need to enter or re-enter the civilian workforce," WalletHub analyst Jill Gonzalez said in a statement. "That's why cities with strong local economies and a job market favoring military skill sets are so important for veterans, with emphasis on the VA health system, as well."
Related Stories
Market Data + Trends
Single-Family Homes Appreciating Faster Than Ever, Especially in These Popular Metros
Single-family home prices have risen steadily since 1990, but not all of the nation's 50 most populated metro areas have seen equal growth
Market Data + Trends
Nation’s Top Home Builders Report Increase in Cancellations in Q2 2022
Fast-rising interest rates caused an uptick in broken contracts and new-home cancellations throughout the first half of 2022
New-Home Sales
Falling Mortgage Rates Motivate Some Buyers to Forge Ahead With Home Searches
Buyers formerly priced-out by elevated interest rates are continuing their home searches as borrowing costs drop to a four-month low