Monterey Park ranks #3 in top American cities to live in

Money Magazine has released their top cities in America to live in based on economy, house prices and quality of life. One of their top three cities is right here in SoCal.

Coming in right after Fishers, Indiana and Allen, Texas...was Monterey Park.

Residents attributed low crime rates, high graduation rates, diversity, the range of restaurants, recreational activities, and the residents to the ranking.

According to MONEY Magazine, the median home price in Monterey Park is $533,083.

The median household income is $57,419. The average commute time is 27 minutes.

Population is 62,630. Projected job growth is 4.7%. And the high school graduation rate is 92.3%.

A couple other SoCal cities made the top hundred list too: Santa Monica came in at number 18. Los Alamitos was 60.