Tuesday, June 3, 2014

Two Area Cities Rank Among “10 Texas Cities To Get The Biggest Bang for Your Buck”

SaveOnEnergy, based in Dallas, is a premier resource for residential and commercial customers seeking a new plan for electricity or natural gas. SaveOnEnergy.com released a report in April 2014 ranking the 10 best cities to live in Texas. The following area cities ranked #4 and #5 in this report.

“When it comes to finding the best place to live in Texas, you've got to factor in more than just home costs. A cheap place to live with a high crime rate or low income levels isn't an ideal place to call home. So we've looked into every city with a population of 75,000 or more, examining unemployment rates, household income, housing costs, utility bills and crime rates to help you find the all-around best place in Texas to get the biggest bang for your buck.

These top 10 cities had the best combination of all the factors listed above as compared to national or state data. Here's what we compared these cities to:
  • U.S. unemployment rate: 7 percent
  • U.S. median household income: $53,056
  • Average house listing price in Texas: $311,856
  • Average Texas electric rate: 10.5 kWh
  • U.S. crime rate 301.1 (The higher the number, the more crime)”
“4. League City -Living near the ocean isn't always an affordable dream, but you'll get a lot of bang for your buck if you move to League City. The city, located southeast of Houston, is convenient to beaches on Galveston Island and even offers water view property near Clear Lake. Residents enjoy homes priced below the national average, high household income and low crime rates. And because downtown Houston is only half an hour away, the small city has low unemployment rates too.
  • Unemployment rate: 5.6%
  • Median household income: $88,289
  • Average house listing price: $296,474
  • Average electric rate: 10.6¢ per kWh
  • Crime rate: 186.2
5. Pearland - Further inland, Pearland is another small town on the outskirts of Houston that offers affordable opportunities for those looking to capitalize on the city's good economy. Although Pearland doesn't have waterfront property, its home prices are lower than those in nearby League City and residents have a slightly higher household income. Low electric rates also help keep the cost of living in Pearland low. And if you're looking for a safe place to live, the city's crime rate is more than 300 points lower than Houston's (541.7).
  • Unemployment rate: 5.6%
  • Median household income: $89,149
  • Average house listing price: $293,212
  • Average electric rate: 10.6¢ per kWh
  • Crime rate: 219.7”
The full report, 10 Texas Cities to Get the Biggest Bang for Your Buck , can be found at SaveOnEnergy.com..

By Pamela Moore, Feature Blogger for Brockway Realty

Originally Posted on Brockway Realty LLC's Official Blog

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