This is the 2052nd most frequent Japanese word.
住む
To live or reside.
Here, '住む' (sumu) is used in its polite form '住んでいます' (sunde imasu) to describe the state or action of residing in a location.
私は東京に住んでいます。
I live in Tokyo.
In this sentence, '住む' is in its volitional form '住みたい' (sumitai), expressing the desire to live or reside somewhere.
将来、海の近くに住みたいです。
In the future, I want to live near the sea.
Here, '住む' is used metaphorically in the form '住んでいる' (sunde iru) to signify an abstract or emotional residency.