Best Value!

Posted on August 27, 2011 by gvenice

Kiplinger’s Personal Finance recently published findings on the top six cities which they say boast the best value to its residences. The findings were based on the unemployment rate, median household income and cost of living among other factors.

  1. Omaha, Neb

Unemployment rate: 4.6%

Cost of Living index: 90.3

Median household income: $53,547.00

  1. Charlotte, N.C.

Unemployment rate: 10.46%

Cost of Living index: 93.0

Median household income: $53,168.00

  1. Nashville, TN.

Unemployment rate: 8.5%

Cost of Living index: 92.3

Median household income: $51,352.00

  1. Colorado Springs, Colo.

Unemployment rate: 9.3%

Cost of Living index: 92.0

Median household income: $56,576.00

  1. Knoxville, TN.

Unemployment rate: 7.7%

Cost of Living index: 89.7

Median household income: $45,727.00

  1. Lexington, KY.

Unemployment rate: 7.8%

Cost of Living index: 89.1

Median household income: $45,158.00

I don’t think it is a coincidence that two of the six cities are in east and middle Tennessee and that Tennessee is the only state that can boast having two of the top six! We have known all along that this area is a great place to be and I believe you can add to the statistics that we have some of the best lake and mountain property anywhere! More and more statistics keep coming out that show our area of East Tennessee being such a great value. With stocks being so volatile and with higher than normal inventories of homes and land on the market and with historically low interest rates, now is the time to be in a buying mode.

About gvenice

I have over 25 years of electrical engineering and business management experience. I previously owned and managed a multi million dollar engineering firm. My work took me all over the globe, managing the construction of manufacturing plants where I built a reputation of providing superior service, getting projects done on time and within or under budget. My dedication to the fine details and logical approach to accomplishing tasks provide a huge benefit to my Real Estate clients. After selling my business and retiring to this area, I found a new passion in the Real Estate business and I bring to this business the same level of professional skill and conduct that has made mr successful in the past. My global exposure and extensive travel are also an asset when dealing with a customer base that is located worldwide. An avid boater, I have a thourough understanding of the waterways of East Tennessee and the intricacies involved in dealing with the TVA and the Army Corps of Engineers.
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