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REPORT: Florida ranks among best states to live in. Here’s why it placed so high

Aerial view of Florida. A region in the Florida Keys recorded what could be the new world record for water temperature.

ORLANDO, Fla. – Florida landed in the top 10 of WalletHub’s new list of the best states to live in, ranking No. 10 overall in the latest analysis that compared all 50 states across several metrics tied to livability.

WalletHub’s rankings weigh five broad categories — Affordability, Economy, Education & Health, Quality of Life and Safety — using indicators such as housing affordability, income growth, educational attainment and hospital quality.

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How Florida performed

Florida’s overall showing was driven primarily by a strong quality-of-life score.

Florida’s category ranks (WalletHub):

  • Overall: No. 10 (Total score: 57.48)
  • Affordability: No. 32
  • Economy: No. 17
  • Education & Health: No. 24
  • Quality of Life: No. 3
  • Safety: No. 11

The results suggest Florida’s lifestyle advantages — including factors captured in WalletHub’s quality-of-life measures — helped offset weaker rankings in affordability and education/health.

What topped the list

The highest-ranked states overall were:

  1. Idaho
  2. New Jersey
  3. Wisconsin
  4. Massachusetts
  5. New Hampshire

“Idaho is the best state to live in, boasting one of the lowest median real estate tax rates in the country, at just 0.5%, along with the eighth-highest homeownership rate. It also has the fourth-lowest tax rates overall and the highest median household income growth, making it a great place to build and grow wealth.

In addition, the Gem State has the seventh-lowest share of urban interstates experiencing congestion during peak hours. This naturally leads to some of the lowest average commute times in the country.

To top things off, Idaho is a pretty safe state. It has the 14th-lowest violent crime rate and the lowest property crime rate in the country."

WalletHub, "Best States to Live In"

WalletHub analyst Chip Lupo said people considering a move should weigh both money and day-to-day living conditions.

“When deciding on a place to move, you should first consider financial factors like the cost of living, housing prices and job availability,” Lupo said. “Many states have strong economies, though, so you should also consider… how where you live will impact your health and safety.”

WalletHub’s data was compiled from sources including the U.S. Census Bureau, FBI, CDC and other federal and research organizations.

Meanwhile, the full list is as follows:

Overall RankStateScoreBest Category
1Idaho60.15Safety
2New Jersey59.41Safety
3Wisconsin59.32Safety
4Massachusetts59.28Education & Health
5New Hampshire58.89Economy
6Wyoming58.71Safety
7Utah58.63Education & Health
8Minnesota57.94Education & Health
9Pennsylvania57.71Quality of Life
10Florida57.48Quality of Life
11Iowa57.41Safety
12New York57.12Quality of Life
13Virginia55.98Education & Health
14Montana55.64Montana
15Maine54.78Education & Health
16North Dakota54.74Economy
17South Dakota54.20Economy
18Illinois54.08Quality of Life
19Vermont53.77Economy
20Nebraska53.49Economy
21Colorado53.45Education & Health
22Connecticut53.27Education & Health
23Rhode Island53.15Safety
24Kansas52.82Quality of Life
25Indiana52.57Affordability
26North Carolina51.84Affordability
27Georgia51.81Affordability/Safety
28Ohio51.60Quality of Life
29Michigan51.56Affordability
30Missouri51.50Affordability
31California51.44Quality of Life
32Delaware49.76Affordability
33Washington49.70Economy
34Arizona48.41Quality of Life
35Maryland48.38Education & Health
36Texas48.35Quality of Life
37Hawaii48.34Economy
38South Carolina48.08Affordability
39Alabama47.84Affordability
40Tennessee47.62Affordability
41Kentucky47.59Affordability
42Oregon46.49Quality of Life
43West Virginia45.98Affordability
44Oklahoma45.47Affordability
45Nevada44.54Quality of Life
46Arkansas43.29Affordability
47Alaska42.92Economy
48Mississippi42.77Affordability
49Louisiana42.27Affordability
50New Mexico41.42Affordability

The methodology used for each factor is as follows:

  • Affordability
    • Housing affordability
    • Median annual property taxes
    • Cost of living
    • Median annual household income
    • Homeownership rate
  • Economy
    • Unemployment rate
    • Underemployment rate
    • Sharecare Well-Being “Economic Security”
    • Share of population living in poverty
    • Media debt per median earnings
    • Population growth
    • Income growth
    • Building-permit growth
    • Wealth gap
    • General tax-friendliness
    • Entrepreneurial activity
    • Job opportunities
    • Foreclosure rate
    • Bankruptcy rate
    • Food insecurity
  • Education & Health
    • Quality of public school system
    • High school graduation rate
    • Share of population aged 25 and older with a high school diploma or higher
    • Share of insured population
    • Quality of public hospital system
    • Premature-death rate
    • Poor or fair health
    • Life expectancy
    • Share of live births with low birthweight
    • Share of obese adults
    • Share of physically inactive adults
  • Quality of Life
    • Average hours worked per week
    • Average commute time (minutes)
    • Miles of trails for bicycling and walking per total state land area
    • “Bicycle Friendly State” ranking
    • Access to public transportation
    • Quality of roads
    • Traffic congestion
    • Restaurants per capita
    • Bars per capita
    • Museums per capita
    • Performing arts center per capita
    • Movie theaters per capita
    • Fitness centers per capita
    • Accessibility of beaches
    • Weather
    • Air Quality
  • Safety
    • Violent-crime rate
    • Property-crime rate
    • Traffic-related fatalities per capita
    • Total law-enforcement employees per capita