Are you thinking of moving to another city? Perhaps you're even thinking of starting a business in another city? (For more, see: 8 Tips For Starting Your Own Business.) Or maybe you just want to know a few details prior to vacationing in a city you've not visited before? (For more, see: Top 9 Vacation Destinations For Wall Street Geeks.) Possibility, you’re simply eager to know more information in general?
Whatever the case may be, below you will find a list of the 10 Most Developed Cities in the United States. This doesn’t mean the most skyscrapers; it means the most people. And, yes, population and development often go hand-in-hand. Population growth and the potential for future economic growth also go hand-in-hand. Population growth (or declines) since 2000 have been included. Also included for each city are median age, median household income, and estimated home/condo values. This makes it easy to see what cities are the most and least affordable. (For related reading, see: Know Cost of Living Before Taking a Relocation Package.)
All stats below courtesy of City-Data.com. All population change numbers are positive unless in parenthesis, which indicates a population decline.
1. New York, N.Y.
Population: 8,213,839
Population Change Since 2000: 5.0%
Median Age: 35.5
Median Household Income: $50,895
Median House/Condo Value: $478,400
Statewide Median House/Condo Value: $280,900
Best Known For: Finance, tourism, culture
(For more, see How Expensive Is New York City – Really?)
2. Los Angeles, Calif.
Population: 3,794,640
Population Change Since 2000: 5.1%
Median Age: 34.1
Median Household Income: $46,803
Median House/Condo Value: $421,700
Statewide Median House/Condo Value: $349,400
Best Known For: Beverly Hills, Hollywood, beaches, traffic
(For related reading, see: The Most Expensive American Cities.)
3. Chicago, Ill.
Population: 2,824,584
Population Change Since 2000: -6.1%
Median Age: 33.1
Median Household Income: $45,214
Median House/Condo Value: $211,700
Statewide Median House/Condo Value: $170,600
Best Known For: Cleanliness, tourism, great food
(For more, see: What $200,000 Will Buy in the Chicago Real Estate Market.)
4. Houston, Texas
Population: 2,076,189
Population Change Since 2000: 12.4%
Median Age: 32.3
Median Household Income: $42,847
Median House/Condo Value: $124,600
Statewide Median House/Condo Value: $129,200
Best Known For: Value, going green, parks
(For related reading, see: The Most Affordable Cities to Live In.)
5. Philadelphia, Pa.
Population: 1,517,628
Population Change Since 2000: 2.3%
Median Age: 33.5
Median Household Income: $35,386
Median House/Condo Value: $142,300
Statewide Median House/Condo Value: $163,800
Best Known For: Liberty Bell, Independence Hall, Rocky statue, cheesesteaks
(For related reading, see: 5 Most Expensive Cities in the U.S. for Car Insurance.)
6. Phoenix, Az.
Population: 1,476,331
Population Change Since 2000: 14.6%
Median Age: 32.2
Median Household Income: $44,153
Median House/Condo Value: $140,500
Statewide Median House/Condo Value: $151,500
Best Known For: Golf, food, shopping, hiking
(For more, see: What $250,000 Will Buy In The Phoenix Real Estate Market.)
7. San Diego, Calif.
Population: 1,284,347
Population Change Since 2000: 10.8%
Median Age: 33.7
Median Household Income: $62,395
Median House/Condo Value: $430,100
Statewide Median House/Condo Value: $349,400
Best Known For: Beaches, tourism, consistently beautiful weather
(For related reading see: 10 Cities Where Renting Rules.)
8. San Antonio, Texas
Population: 1,258,733
Population Change Since 2000: 23.1%
Median Age: 32.7
Median Household Income: $45,424
Median House/Condo Value: $112,300
Statewide Median House/Condo Value: $129,200
Best Known For: The Alamo, San Antonio River Walk, San Antonio Spurs
(For related reading, see: 5 U.S. Cities With The Most Credit Card Debt.)
9. Dallas, Texas
Population: 1,246,185
Population Change Since 2000: 5.8%
Median Age: 31.8
Median Household Income: $41,354
Median House/Condo Value: $133,200
Statewide Median House/Condo Value: $129,200
Best Known For: 19 Unique Districts, White Rock Lake, large homes at affordable prices, young population
(For related reading, see: 5 States Where You Can Stretch Your Dollar the Furthest.)
10. Detroit, Mich.
Population: 921,147
Population Change Since 2000: -27.6%
Median Age: 34.7
Median Household Income: $23,600
Median House/Condo Value: $39,100
Statewide Median House/Condo Value: $115,700
Best Known For: Motown, auto industry, highest crime rate of any big city in U.S.
(For related reading, see: Top 6 Scariest Neighborhoods for Homebuyers.)
The Bottom Line
New York and Los Angeles are crowded and expensive. Houston, Phoenix, Dallas and San Antonio are the most affordable big cities based on median household income relative to median household/condo cost. Real estate bargains can be had in Detroit ... for very good reason. (For related reading, see: Top U.S. Cities for 2015 College Graduates.)