A report published recently by Mint.com, an online personal finance tool, describes Bellevue as the sixth top spending city for spending money. We know homes are expensive here, with a median home value of over half a million dollars in 2012, higher than the vast majority of U.S. cities. The company, conducted an analysis of how people in different US cities spent their money in 2014. Mint then determined which cities spent the most in 2014 by determining the cost of the average transaction. Bellevue placed sixth on a list of top spending cities, dominated by cities in California.
Here’s the complete list of the nation’s top spenders, according to Mint.
- Palo Alto, CA — average transaction of $345.09
- Mountain View, CA — average transaction of $314.50
- Sunnyvale, CA — average transaction of $278.30
- Fremont, CA — average transaction of $266.46
- New York, NY — average transaction of $239.85
- Bellevue, WA — average transaction of $239.07
- San Francisco, CA — average transaction of $235.90
- Irvine, CA — average transaction of $223.45
- Scottsdale, AZ — average transaction of $221.35
- San Jose, CA — average transaction of $216.86
Another report published by USA Today cited Bellevue as the second top city in the United States to live in. Of course, it is great to be recognized as such a liveable city.
Median household income: $91,449
Unemployment rate, 2013: 4.70%
Median home value: $507,600
Violent crime per 100,000 residents: 127.8
Average commuter travel time: 22.6 minutes
USA Today report
published September, 2014
