Newton No. 15 on Money Magazine's 'Best Places to Live 2014'

Newton this week was again recognized for its quality of life in a national survey.

Money Magazine ranked Newton No. 15 on its “Best Places to Live 2014” list. Last week, 24/7 Wall St. ranked Newton No. 1 on its list of the best big cities to live in the country.

Money Magazine cited the high quality of Newton’s schools, large employers like Boston College, Newton-Wellesley Hospital, and Trip Advisor, and initiatives like the N-Squared Innovation Corridor for Newton’s high ranking.

A downside, Money Magazine said, is Newton’s lack of affordable housing. Realtor Michael Spurr said starter homes can cost $500,000.

The list included the following statistics for Newton:

• Median family income: $150,821
• Median home price: $740,000
• Average property taxes: $8,580
• Job growth: 4 percent

McKinney, Texas topped Money Magazine’s list. Brookline was the only other Massachusetts community to rank in the top 50.

Photo: Fireworks in Newton. (Credit: Jason Levine via Flickr)