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States and cities that pay you to move there - Becoming a homeowner is harder than ever in many parts of the USA. Housing prices are going through the roof in many of the country's metropolitan areas, and as a result, many are looking to greener and more rural pastures for their shot at the American Dream. Whatever your financial woe, whether it be student loans or making your monthly rent, there are parts of the US that can ease your fiscal stresses. See the following gallery to discover which places in the United States will hand you the big bucks just for living there.
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Baltimore, MD - This bustling metropolis isn't nicknamed the Charm City for no good reason. Aside from dozens of trendy shops and restaurants to choose from, Baltimore pays new residents big bucks.
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Baltimore, MD - The Vacants to Value Booster program gives new homeowners up to $10,000 to cover the closing costs and down payments on damaged or formerly damaged properties.
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Baltimore, MD - Perhaps the most popular of the city's assistance programs, Buying Into Baltimore offers prospective buyers a $5,000 incentive to purchase property in any area of the city.
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Colorado - Whether you come to colorful Colorado for the great outdoors, vibrant music festivals, or the laid-back atmosphere, this state has plenty to offer.
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Colorado - Thanks to marijuana legalization and a booming economy, housing prices in the state are skyrocketing. However, the state offers dozens of homeowner assistance programs to help soften the blow.
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Colorado - For example, the Colorado Housing and Finance Authority will pay up to 4% of your mortgage if you meet the necessary income requirements.
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New Haven, CT - This historic northeastern city, home to Yale University, offers an interest-free loan to home buyers on their closing costs and/or down payment. Plus, if you stay in the home for over five years, the loan is completely forgivable.
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New Haven, CT - This quaint coastal city is also big on conservation. New Haven has a program that will give residents upwards of $30,000 to make energy efficient upgrades in their home, according to RE: NEW HAVEN.
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New Haven, CT - If all that wasn't enough, New Haven provides free tuition at public universities to students who graduate from a New Haven public school. The city also provides up to $2,500 per resident in yearly scholarships, according to New Haven Promise.
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Niagara Falls, NY - What could be better than living near one of America's most stunning natural wonders? This small town on the border between New York and Canada helps you recover from crippling student loan debt.
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Niagara Falls, NY - If you move to certain areas of the town for two years, you can receive a student loan payment of up to $3,492 for one year and $6,984 for two, according to Moving.com.
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Niagara Falls, NY - To be eligible for this program you must live in one of the town's target zones. These areas are within walking distance to the Niagara Gorge and Niagara Falls State Park.
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Alaska - This scenic state isn't just great for exploring the great outdoors and whale watching. It is also an ideal location to earn and save money.
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Alaska - Since 1976, Alaska has used its Permanent Fund Reserve to pay residents to live there. The payments are funded by royalties from the state's enormous oil and gas industry.
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Alaska - According to Free Money, yearly payments have gone up and down over the years, varying between $331.29 in 1984 to $3,269 in 2008. On average, Alaskans bring in $1,250 annually.
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Harmony, MN - Nicknamed the "Biggest Little Town in Minnesota," this tiny city has a population of a little over 1,000 people, but the payout for living here is gigantic.
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Harmony, MN
- This small, primarily Amish community offers prospective home builders up to $12,000 to cover construction costs, according to the town's website.
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Harmony, MN
- If that deal wasn't sweet enough, the program has no restrictions related to income, age, or residency. Plus, you can take a tour of one of the Midwest's largest caves any time you want.
(Photo: Flickr/CC by 2.0)
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Wyoming - Home to the world-famous Yellowstone National Park and endless hiking opportunities, Wyoming is the perfect place for those who love to be surrounded by nature.
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Wyoming - If renovating houses is your thing, then head to the Cowboy State. The Wyoming Rehabilitation & Acquisition Program fixes up abandoned and foreclosed homes, then puts them on the market for low-income buyers.
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Wyoming - The state also has an assistance program to help owners of older homes in Wyoming if they require over $15,000 in repairs, according to House Beautiful.
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Marquette, KS - It comes as little surprise to those who have visited Kansas that there is no shortage of open space. There are seemingly endless rolling hills, meaning endless home-building opportunities.
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Marquette, KS - This tiny town near the Smoky Hill River offers free plots of land for new residents who want to build their dream home. You heard that right, totally free!
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Marquette, KS - However, to qualify for this program you have to build a home within a year of acquiring the land. You are also required to live there for at least a year after it has been built, according to The Penny Hoarder.
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New Richland, MN
- If you want to live a happy and simple life outside of the hustle and bustle of the big city, then come to this small town in the Land of 10,000 Lakes.
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New Richland, MN - You can live in a neighborhood near lakes, bike trails, and a golf course completely free of charge in the New Richland’s Homestake subdivision.
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New Richland, MN - However, the state will only award you with a free plot of land if you agree to build a house on it within a year of receiving the land's deed.
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Marne, IA - A mere 45-minute drive from Omaha, NE, this teensy Midwestern town is giving away free plots of land if you're on a budget and looking to build a home.
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Marne, IA - According to the Marne Iowa website, however, the town will only give prospective residents this option if they are building a home that is at least 1,200 sq ft. Sorry, tiny house enthusiasts!
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Marne, IA - The town boasts a low crime rate and low tax rates, as well as several activities and events sponsored by local organizations.
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States and cities that pay you to move there
Pay rent and earn cash at the same time
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With real estate markets skyrocketing across the United States, it is hard to believe that it would be possible to save money, and much less earn it, just by living somewhere. Whether you struggle to pay rent or are overwhelmed with crushing student debt, these places in the United States will help you financially strive and thrive. Check out the following gallery to see 10 places in the US where it literally pays to live there.
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