Tuesday, February 2, 2016

3 Bay Area Cities Rank in Top 15 Best Places for Young Families in Texas

NerdWallet released a new study in early October that lists the Best Places for Young Families in Texas. NerdWallet used the following factors for this study: public school excellence, home affordability, and growth and prosperity. Data was reviewed for 111 places in Texas; only cities with a population over 25,000 residents were analyzed.Three Bay Area cities were listed in the Top 15, showing that younger families are settling in smaller cities. Friendswood rated as #2; Pearland rated as #9; and League City rated as #11 on the study.

The following information is an excerpt from the NerdWallet study: “Our analysis revealed certain trends:
  • The highest-ranked places are suburbs. Seven of the top 10 places are within the Dallas-Fort Worth Metroplex, where the school districts outperformed schools in the rest of the state.
  • Long-term income growth stands out. All but one place in the top 10 had growth rates higher than the state average of 29.14% over the past decade. Not only are these suburbs excelling in education, they’re bringing in new wealth to the area — and quickly. The big driver of this growth, the Dallas/Fort Worth International Airport, keeps the region soaring with support for 143,000 jobs and an economic contribution of $31 billion to the area every year.
  • School districts have more than good test scores. Academics are only part of the success of these cities’ schools. From new sports facilities to growing classroom programs, school districts are finding ways to expand the culture of learning.”
The full NerdWallet study can be found on their website.

NerdWallet gives consumers clarity around key financial decisions at every stage of their lives. When it comes to credit cards, insurance, loans or expenses such as hospital costs, consumers make almost all of their decisions in the dark. NerdWallet is changing that, helping guide consumers' decisions with free, accessible tools, research and expert advice that can't be found anywhere else. We call it putting knowledge in your wallet.

Brockway Realty Blogs - Keeping you in touch with League City, the Galveston Bay Area, and beyond.

By Pamela Moore, Feature Blogger for Brockway Realty, LLC

Originally Posted on Brockway Realty LLC's Official Blog