Madison is the second best state capital to live in, behind only Austin, Texas, according to ratings released this week by Wallethub.
Wallethub noted in this story that although 17 state capitals are the largest cities in their states, the biggest population doesn’t always represent the best quality of life: some have rampant poverty problems. For example, more than 30 percent of the population of Harford, Conn., lives in poverty, compared to 12.7 percent of the entire U.S.
In order to determine which state capitals make the best homes, WalletHub compared all 50 across 51 key indicators of affordability, economic strength, quality of education and health, and overall living standards. Our data set ranges from cost of living to K–12 school-system quality to number of attractions. Read on for our findings, expert insight from a panel of researchers and a full description of our methodology.
For a full explanation of the methodology, go here.
Austin led the rankings with a State Capital Index of 67.73 that included an Affordability rank of 7, Economic Well Being rank of 3, Qualify of Education & Health rank of 2, and Quality of Life rank of 4.
Madison was second with a State Capital Index of 64.67 that included an Affordability rank of 26, Economic Well Being rank of 6, Qualify of Education & Health rank of 1, and Quality of Life rank of 5.