Families of all kinds need space for kids, extended families or live in help. SmartAsset, a personal financial website, determined the best cities to buy large family homes by analyzing six main metrics: median home values, five-year change in median rent costs, average effective property tax rates, the percent of homes with at least two bedrooms, median housing costs as a percent of income, and the percent of homeowners who are housing cost-burdened.
The top 10 cities to buy a family home, according to SmartAsset, are:
Colorado Springs, Colo.
Fort Wayne, Ind.