Communities with sought-after schools often command a premium for homebuyers. Realtor.com® recently uncovered 10 towns where not only public elementary schools earn high marks, but also home prices make the grade—in affordability.
1. Aurora, Ill. (60503)
Schools: Homestead Elementary School (rating 10/10 on GreatSchools), The Wheatlands Elementary School (8/10), Wolfs Crossing Elementary School (10/10)
The 2017 median household income in Aurora is $114,118 with a 2017 median listing price of $259,900. Aurora is 45 percent more affordable compared to its surrounding metro area, and 47 percent more affordable compared to the U.S. overall.
2. Stone Mountain, Ga. (30087)
School: Wynbrooke Elementary School (9/10)
The 2017 median household income in Stone Mountain is $71,678 with a 2017 median listing price of $218,950. Stone Mountain is 38 percent more affordable compared to its surrounding metro area and compared to the U.S. overall.
3. Hampton, N.J. (08827)
School: Union Township Elementary School (8/10)
The 2017 median household income in Hampton is $118,810 with a 2017 median listing price of $297,000. Hampton is 60 percent more affordable compared to its surrounding metro area, and 37 percent more affordable compared to the U.S. overall.
4. Royersford, Pa. (19468)
Schools: Brooke Elementary School (9/10), Evans Elementary School (8/10), Limerick Elementary School (9/10), Spring-Ford Intermediate School 5th/6th (9/10), Upper Providence Elementary School (9/10)
The 2017 median household income in Royersford is $83,264 with a 2017 median listing price of $246,125. Royersford is 21 percent more affordable compared to its surrounding metro area, and 32 percent more affordable compared to the U.S. overall.
5. Kingwood, Texas (77345)
Schools: Deerwood Elementary School (9/10), Greentree Elementary School (10/10), Hidden Hollow Elementary (9/10), Shadow Forest Elementary School (10/10), Willow Creek Elementary School (10/10).
The 2017 median household income in Kingwood is $123,201 with a 2017 median listing price of $323,750. Kingwood is 46 percent more affordable compared to its surrounding metro area, and 32 percent more affordable compared to the U.S. overall.
6. Rosemount, Minn. (55068)
School: Shannon Park Elementary School (10/10)
The 2017 median household income in Rosemount is $93,743 with a 2017 median listing price of $299,900. Rosemount is 30 percent more affordable compared to its surrounding metro area, and 32 percent more affordable compared to the U.S. overall.
7. Bowie, Md. (20715)
Schools: Whitehall Elementary School (8/10), Yorktown Elementary School (8/10)
The 2017 median household income in Bowie is $107,865 with a 2017 median listing price of $345,350. Bowie is 29 percent more affordable compared to its surrounding metro area, and 27 percent more affordable compared to the U.S. overall.
8. Huntington Woods, Mich. (48070)
School: Burton Elementary School (8/10)
The 2017 median household income in Huntington Woods is $120,265 with a 2017 median listing price of $400,000. Huntington Woods is 15 percent more affordable compared to its surrounding metro area, and 27 percent more affordable compared to the U.S. overall.
9. Stow, Mass. (01775)
School: Center School (8/10)
The 2017 median household income in Stow is $139,622 with a 2017 median listing price of $504,750. Stow is 45 percent more affordable compared to its surrounding metro area, and 23 percent more affordable compared to the U.S. overall.
10. Chandler, Ariz. (85226)
Schools: …read more
From:: Real Estate News