This past week, Rent.com launched the Top 25 Cities for Renters Raising Families. Using Onboard's community, school, amenity and lifestyle content, Rent.com uncovered some of the most affluent, green and kid-friendly cities in the nation, making these areas perfect for families who are renting and raising kids. The list was narrowed down by Rent.com focusing only on the cities with low crime rates, high school scores, a high percentage of family households, and high rental inventory. The big winner this year? New Jersey! Eight of the top 25 cities were in The Garden State, including the #1 city, Livingston.
Here are the top 5:
- Livingston, N.J.
- Ladera Ranch, Calf.
- Tenafly, N.J.
- Millburn, N.J.
- Yorba Linda, Calif.
Since 2011, Onboard has provided Rent.com with community, school, amenity and lifestyle data. Here is a further breakdown on the methodology Rent.com implemented using Onboard Informatic's data:
The Top 25 Cities for Renters Raising Families list is based on cities and towns with a high concentration of family households (greater than 70 percent), population greater than 10,000 and a median household income of $50K or more. Rental data and median rental rates based on Rent.com data; cities with less than 1,000 rental dwellings were eliminated. Family-friendly criteria that were considered included affordable rental rate, low crime rates and high school scores. Cities with high weather risk (risk of tornadoes, hurricanes, etc.) and crime risk greater than the national average were eliminated from the ranking. In addition, the average Public School Test Score Copyright © 2014 GreatSchools.net rating for each city was calculated based on the test score performance of each school and based on a scale of 1-10.
Image Credit: Ron Aguilar on Flickr.com