Texas' smaller cities may win out for raising young families | Texas' smaller cities may win out for raising young families | https://www.recenter.tamu.edu/news/newstalk-texas/?Item=2846 | 2014-10-08T09:38:00Z | 2014-10-08T09:28:00Z |
TEXAS - Everything may be bigger in Texas, but when it comes to raising a family, the smaller cities may win out.
Texas ranks as the fastest-growing state for job growth, according to the Bureau of Labor Statistics, but to raise kids well, education and affordable housing also carry weight.
NerdWallet crunched the data for 111 places in Texas with populations over 25,000 to find the best places for young families in Texas by analyzing the following factors:
• Public school excellence made up 33.3 percent of the score. GreatSchools compares students’ test scores to the state average on a one to ten scale, with ten as the highest.
• Median home values were 16.7 percent of the score. The information is from the U.S. Census Bureau’s 2012 ACS, data set DP04.
• Monthly homeowner costs were 16.7 percent of the score. The figures are from the U.S. Census Bureau’s 2012 ACS, data set DP04. Places with more affordable homes had higher scores.
• Median household incomes were 16.7 percent of the score. We used the U.S. Census Bureau’s 2012 ACS, data set DP03.
• Income change from 1999 to 2012 was 16.7 percent of the score. The information is from the U.S. Census Bureau data sets P053 and DP03.
Best Places for Young Families in Texas
City |
GreatSchools
Rating |
Median Home
Value in 2012 |
Median
Monthly
Homeowner
Costs 2012 |
Median
Household
Income
2012 |
Median
Income
Growth
from
1999 to
2012 |
Overall
Score |
Frisco |
10 |
$249,000 |
$2,213 |
$108,428 |
36.99% |
69.6 |
Friendswood |
9 |
$220,500 |
$2,082 |
$102,811 |
48.18% |
69.1 |
Allen |
9 |
$197,400 |
$1,915 |
$101,966 |
29.20% |
65.7 |
Burleson |
8 |
$122,800 |
$1,431 |
$68,528 |
35.88% |
64.9 |
Mansfield |
8 |
$179,700 |
$1,892 |
$92,208 |
38.11% |
63.1 |
Sugar Land |
9 |
$253,700 |
$2,211 |
$107,149 |
31.04% |
62.9 |
Keller |
9 |
$272,400 |
$2,366 |
$115,374 |
33.79% |
62.9 |
Wylie |
8 |
$156,700 |
$1,657 |
$78,132 |
33.80% |
62.7 |
Read more at NerdWallet.
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