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7 Reasons These 4 States Are Becoming Hotspots for Middle-Income Families

January 14, 2025 By Latrice Perez Leave a Comment

Middle Income Families
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Middle-income families across the United States are on the move, seeking places where they can balance affordability, quality of life, and economic opportunities. Some states have become magnets for these families due to their unique combination of benefits. From job growth to housing affordability, these factors make a compelling case for relocation. Below, we highlight four states attracting middle-income families and explore seven key reasons driving this trend.

1. Affordable Housing Markets

One of the top priorities for middle-income families is finding a home within their budget. States like Texas, Tennessee, Florida, and Idaho offer housing markets where the cost of living is more manageable compared to coastal states. These areas boast lower property taxes and ample housing options, from single-family homes to modern apartments. For example, Texas offers spacious homes at prices that are a fraction of what you’d find in California or New York. Affordable housing allows families to allocate more resources toward education, savings, and leisure.

2. Thriving Job Markets

Economic opportunities are another significant draw for middle-income families. States like Florida and Texas are known for their booming job markets, thanks to industries such as technology, healthcare, and tourism. Florida’s robust hospitality sector and Tennessee’s growing automotive industry offer jobs that cater to various skill levels. Meanwhile, Texas has become a hub for tech startups and established companies alike, providing stable employment opportunities. These growing economies also contribute to lower unemployment rates, creating a sense of financial security for relocating families.

3. Lower Taxes

Tax policies in these states often favor middle-income families, making them more attractive destinations. For instance, Florida, Tennessee, and Texas do not impose state income taxes, allowing families to keep more of their earnings. Idaho, while not tax-free, offers relatively low state income tax rates. These tax-friendly environments can significantly reduce financial strain and provide families with greater spending power. Lower taxes also mean more money can be saved for long-term goals, such as retirement or college tuition.

4. Strong Educational Systems

Quality education is a top consideration for families with children, and these states deliver on that front. Tennessee, for example, has made significant investments in its public school system through initiatives like the Tennessee Promise, which offers free community college for high school graduates. Texas is home to some of the best school districts in the country, providing robust academic and extracurricular programs. Florida offers a variety of school choice options, including charter schools and scholarship programs, giving families greater flexibility. Access to strong educational resources ensures that children can thrive academically and socially.

5. Family-Friendly Communities

Beyond housing and jobs, these states foster family-friendly environments that make them ideal for raising children. Florida’s abundance of parks, beaches, and family-oriented attractions like Disney World cater to an active lifestyle. In Idaho, smaller towns like Coeur d’Alene provide tight-knit communities where neighbors look out for each other. Texas and Tennessee also feature neighborhoods designed with families in mind, offering amenities like playgrounds, community centers, and safe streets. A supportive community enhances the overall quality of life, making these states more appealing to relocating families.

6. Access to Outdoor Recreation

Outdoor Recreation
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Middle-income families increasingly value outdoor activities as a way to spend quality time together and maintain a healthy lifestyle. Idaho is a haven for outdoor enthusiasts, offering activities like hiking, skiing, and fishing amid breathtaking natural landscapes. Florida’s sunny weather and miles of coastline make it a paradise for beach lovers and water sports enthusiasts. In Texas, families can explore diverse terrains, from the Gulf Coast beaches to the sprawling Hill Country. Tennessee offers scenic beauty with the Great Smoky Mountains, attracting nature-loving families looking for adventure.

7. Lower Cost of Living

Overall affordability is a crucial factor driving families to these states. Living costs in Texas, Florida, Tennessee, and Idaho are generally lower than in major metropolitan areas like Los Angeles, San Francisco, or New York. Essentials such as groceries, utilities, and transportation are more budget-friendly, allowing families to stretch their dollars further. This lower cost of living provides financial breathing room and reduces stress, enabling families to enjoy a higher quality of life without sacrificing their savings.

Why Families Are Choosing These States

The combination of affordability, economic opportunities, and quality of life makes these states prime destinations for middle-income families. Moving to Texas, Florida, Tennessee, or Idaho offers families a chance to secure a better financial future while enjoying a vibrant lifestyle. If you’re considering a move, these states provide compelling reasons to make a change. Share this article with friends or family who might be thinking about relocating—they may find their next home in one of these thriving states.

Do you live in one of these states? What pushed you to make the move and was the move successful? Let us know in the comments below.

Read More:

Backpacking on a Budget: 10 States Where Your Dollar Goes the Farthest

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Latrice Perez

Latrice is a dedicated professional with a rich background in social work, complemented by an Associate Degree in the field. Her journey has been uniquely shaped by the rewarding experience of being a stay-at-home mom to her two children, aged 13 and 5. This role has not only been a testament to her commitment to family but has also provided her with invaluable life lessons and insights.

As a mother, Latrice has embraced the opportunity to educate her children on essential life skills, with a special focus on financial literacy, the nuances of life, and the importance of inner peace.

Filed Under: moving Tagged With: affordable living, cost of living, education, family-friendly states, job markets, middle-income families, moving trends, outdoor recreation, relocation, tax-friendly states

Temporary Health Insurance Options

August 8, 2022 By MelissaB 2 Comments

Temporary Health Insurance Options

My husband accepted a new job in another area of the country, allowing us to relocate to a place that we prefer from one we didn’t care for as much. His salary has increased significantly, and he feels the job will be better for his mental health and his career. The only difficulty is that he will not qualify for health insurance during the first two months he’s employed. We’ve searched for temporary health insurance options, but there aren’t many good options.

Why Not Go Without Health Insurance?

We could always take a chance and go without health insurance, but we’re not young; we’re firmly in middle age, so we visit the doctor more than we used to. Plus, young, middle-aged, or old, on any given day, we could be involved in a catastrophic health event such as having a car accident or being diagnosed with cancer.

My husband and I aren’t gamblers, so we don’t feel comfortable foregoing all health insurance options.

Utilize the Spouse’s Insurance

Another option for many couples is to utilize their spouse’s insurance during this time. However, I am a freelance writer, so my only insurance coverage is through my husband’s employer. This option is not available to us.

COBRA Is an Expensive Option

When my husband leaves his current employer, he can opt for COBRA insurance. COBRA allows us to retain our current insurance for the two months we’re without health insurance with the new employer. However, rather than paying our portion of the health insurance premium, we also pay the employer’s portion. Therefore, we would need to pay $1,659 a month for COBRA insurance or $3,318 for the two months we’re without insurance. Ouch!

Insurance Through the Affordable Care Act?

Temporary Health Insurance Options

I looked into the Affordable Care Act, but getting insurance here is not much more affordable for us than COBRA. Insurance here is based on your income, and my husband’s income is good, so theoretically, we can afford to pay more.

We would need to pay nearly $800 a month for health insurance, and we would also have a high deductible. The insurance would only cover us for catastrophic events until after we meet the high deductible.

Insurance Through Our Car and Home Insurer?

We also looked to see if our car and home insurer offers medical insurance. The company does, but not in the state in which we’re moving.

What We Decided

Ultimately, we looked at our temporary health insurance options and decided to take advantage of a stipulation in COBRA. You have up to 60 days after leaving your employer to apply for COBRA. When you do, you pay for the time since you left your employer and are retroactively covered.

So, if the next two months don’t involve any health issues, we can save ourselves $3,300 in COBRA premiums. If we do need insurance coverage, we will pay for COBRA. This is a bit like gambling, but a safer way to help us stay protected while potentially not costing us thousands of dollars.

Read More

3 Lessons I Learned When Looking for a New House

Reasons Not to Buy Long-Term Care Insurance

There Is No Ideal Time to Contribute to Retirement

MelissaB
MelissaB

Melissa is a writer and virtual assistant. She earned her Master’s from Southern Illinois University, and her Bachelor’s in English from the University of Michigan. When she’s not working, you can find her homeschooling her kids, reading a good book, or cooking. She resides in New York, where she loves the natural beauty of the area.

www.momsplans.com/

Filed Under: Insurance Tagged With: cobra, health insurance, job change, relocation

3 Lessons I Learned When Looking for a New House

July 18, 2022 By MelissaB Leave a Comment

Lessons I Learned Looking for a New House

This is a crazy market in which to buy a house. While I knew that from watching the news, recently we got to experience the market firsthand because we’re moving from Arizona to New York. The plus side is that our house in Arizona sold within three days of listing. The bad news is that we had to visit many properties in New York and put in offers on three different houses before we finally got one. Along the way, there were many lessons I learned while looking for a new home. These were the most important ones.

Beware of Low Prices

We started our search by looking at houses at the lower end of our price range. We have one child starting college this year, and two more in the next five years, so keeping housing costs low made sense. However, we quickly veered away from those houses for two reasons:

House Problems

Most houses in the lower end of our price range had problems. Two of them stunk. One smelled throughout the house, and the other smelled fine until we opened the basement door. Then we were confronted by an awful odor we couldn’t place. Others were outdated or had a strange layout such as having to walk through one bedroom to get to another one.

Neighborhood Problems

If the houses in the lower price range didn’t have problems externally, the neighborhood did. We saw one meticulously kept and updated property. However, it was the nicest house in the neighborhood, which means it might be more difficult for us to sell later. Plus, the neighbors were gathered outside and started talking about us as we walked into the house. Not the type of neighborhood in which we wanted to move.

Beware the Unkempt Exterior

Lessons I Learned While Looking for a House

I was amazed how many homeowners didn’t attempt to create curb appeal. We walked up to homes with dirty siding, peeling paint on the window frames, and a rotted piece of wood with a hole on the steps to the home, just to name a few problems.

Unfortunately, many of the backyards weren’t much better. One had a tiny mowed section, but the rest of the small yard contained weeds and overgrown grass.

If you want people to buy your home, try to make the yard and exterior of the home inviting! Not surprisingly, most properties with unkempt exteriors were also not in good shape inside.

Final Thoughts

Finding a home to purchase is a challenge no matter when you’re looking. However, in this current seller’s market, there are important lessons I learned when looking for a new house. Hopefully, we won’t need to buy another house anytime soon, but if we do, I know what to look for and when to walk away, sometimes before even seeing the inside of an unkempt house.

Read More

Declutter Your House Like You’re Moving and Make Some Cash

Making an Offer on a House

Shopping for a New House

 

MelissaB
MelissaB

Melissa is a writer and virtual assistant. She earned her Master’s from Southern Illinois University, and her Bachelor’s in English from the University of Michigan. When she’s not working, you can find her homeschooling her kids, reading a good book, or cooking. She resides in New York, where she loves the natural beauty of the area.

www.momsplans.com/

Filed Under: General Finance, Home Tagged With: buy a home, buying a house, property, real estate, relocation

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