Business Week launched their Best Affordable Suburbs in the U.S. 2009 story last week located in the Lifestyle section of their site. They ranked the best affordable suburbs in the U.S. state by state based on the quality of schools, crime rates, reasonable commutes, strong economies and good quality of life near the most populated city in each state.
We are always excited when one our media clients launches a "Best places..." story. Most people know Onboard Informatics for providing content like community profiles, demographics, and now our new Lifestyle Listings Engine, to real estate companies but our media clients give us another chance to showcase our ability to customize our data in creative ways to fit clients needs.
Our data team worked closely with Business week to create this data-driven story based on their criteria and the filters they selected to produce the most concise and accurate information possible.
Editor's note: The selected suburbs were limited to towns within 25 miles of the most populated city, with populations of 5,000 to 60,000 people, median family incomes of $51,000 to $120,000, and lower-than-average crime rates. We weighted a variety of factors including livability (short commutes, low pollution, green space), education (well-educated residents, high test scores), crime (low personal and property crime), economy (high job growth, low unemployment rate, high family income), and affordability (median household income, cost of expenditures). Affordability was most heavily weighted in our calculations. We penalized places with bad weather, a lack of racial diversity, high divorce rates, and few children. Household median income, which is derived from U.S. Census data, and the median home price are 2008 projections. The unemployment rate comes from the Bureau of Labor Statistics and is for 2007. The violent crime index, which is based on FBI crime statistics, is a weighted index of the most recently available seven years ("100" is the national average for violent crime, so "200" would be twice the national average and "50" would be half the national average). The commute time is the median travel time for residents in the area, and is not necessarily the time it takes to reach the largest major city.
Check out which suburb is the winner for your state... Best Affordable Suburbs 2009.
Image Credit: Wikipedia