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21 of the most affordable zip codes to raise a family in the US beritamalay3.blogspot.com
21 of the most affordable zip codes to raise a family in the US beritamalay3.blogspot.com
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Head to the Midwest if you’re looking for affordable real estate and good public schools.
A neighborhood with high-quality schools and affordable homes sounds like the ideal place to raise a family, but it’s not easy to come by.
Luckily, HomeUnion, an online real estate investment management firm, recently dug into its database of more than 200,000 neighborhoods to find out which US zip codes fit the bill.
To compile its list, HomeUnion analyzed the 50 largest US metros to find the one zip code in each with the lowest median sale price for single-family homes sold between late 2016 and early 2017. From there, they sourced Maponics, which ranks public schools based on average math and reading scores, to find the most affordable zip codes that also have an average school rating in the 80th percentile or higher. Metros with zip codes that had no school ratings above 80 were eliminated entirely, including New York City.
“As home prices continue to increase in many coastal markets, particularly in the Western US, we are seeing the best opportunities for first-time home buyers with families in the center of the country,” said Steve Hovland, director of research for HomeUnion, of the company’s findings.
Below, check out 21 of the best places to raise a family, ranked by median home sale price. Each zip code’s metro and average school rating are included as well.
All photos feature the metro area the zip code is a part of.
21. 97035: Lake Oswego, Oregon
Metro: Portland
School rating: 87.9
Median home sale price: $417,500
20. 80122: Centennial, Colorado
Metro: Denver
School rating: 83.3
Median home sale price: $380,000
19. 78717: Williamson, Texas
Metro: Austin
School rating: 84.9
Median home sale price: $375,000
18. 37179: Thompson’s Station, Tennessee
Metro: Nashville
School rating: 90.3
Median home sale price: $372,500
17. 28104: Matthews, North Carolina
Metro: Charlotte
School rating: 87.7
Median home sale price: $336,500
16. 95677: Rocklin, California
Metro: Sacramento
School rating: 81.5
Median home sale price: $330,500
15. 78255: Cross Mountain, Texas
Metro: San Antonio
School rating: 85.2
Median home sale price: $317,100
14. 32259: St. John’s, Florida
Metro: Jacksonville
School rating: 81.6
Median home sale price: $297,000
13. 89144: Summerlin neighborhood, Nevada
Metro: Las Vegas
School rating: 81.9
Median home sale price: $295,000
12. 16066: Cranberry Township, Pennsylvania
Metro: Pittsburgh
School rating: 83.9
Median home sale price: $274,00
11. 77450: Katy, Texas
Metro: Houston
School rating: 81.2
Median home sale price: $239,500
10. 43065: Powell, Ohio
Metro: Columbus
School rating: 86.1
Median home sale price: $229,500
9. 30519: Buford, Georgia
Metro: Atlanta
School rating: 86.5
Median home sale price: $220,000
8. 19044: Horsham, Pennsylvania
Metro: Philadelphia
School rating: 84.2
Median home sale price: $217,500
7. 44147: Broadview Heights, Ohio
Metro: Cleveland
School rating: 87.1
Median home sale price: $200,000
6. 46112: Brownsburg, Indiana
Metro: Indianapolis
School rating: 86.3
Median home sale price: $184,100
5. 60503: Aurora, Illinois
Metro: Chicago
School rating: 81.9
Median home sale price: $168,000
4. 33496: Boca Raton, Florida
Metro: Palm Beach
School rating: 87.9
Median home sale price: $167,500
3. 63026: Fenton, Missouri
Metro: St. Louis
School rating: 81.1
Median home sale price: $167,000
2. 73170: Tuttle, Oklahoma
Metro: Oklahoma City
School rating: 89.6
Median home sale price: $165,000
1. 64014: Blue Springs, Missouri
Metro: Kansas City
School rating: 88.5
Median home sale price: $159,700
Read more stories on Business Insider, Malaysian edition of the world’s fastest-growing business and technology news website.
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