MINNEAPOLIS (WCCO) — According to Money Magazine’s annual Best Place to Live in America list, the no. 2 spot just happens to be a popular Minnesota suburb.

Maple Grove was named the second best place to live in the latest list, following McKinney, Texas.

READ MORE: Minnetonka's Kiani Lockett Is Taking Nothing For Granted

According to the magazine, the list looked at small cities across the country with populations of 50,000-300,000 and ranked them based on economic strength, job growth, affordable housing, safety, schools, accessible healthcare, arts and leisure and the ease of living.

(credit: Money Magazine)

(credit: Money Magazine)

READ MORE: Minnesota Weather: Over 6 Inches Of Snow Possible In Northern MN This Weekend, Cold Temps To Follow

Based on those factors, the magazine highlighted Maple Grove’s selection of nearby parks and bike paths, Main Street shopping district, plus the Shoppes at Arbor Lakes, and the city’s booming economy.

The magazine also made note of the affordable homes available in Maple Grove, many in prime neighborhoods.

Rounding out the top five Best Places to Live list are Carmel, Ind. (No. 3), Castle Rock, Colo. (No. 4) and Kirkland, Wash. (No. 5).

MORE NEWS: Man, 75, Killed In Otter Tail County Crash

For the full list, click here.