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Peachtree City Named Most Affordable Suburb
By Linda Hangen | March 10, 2009
Peachtree City is the “most affordable suburb” in Georgia, according to BusinessWeek magazine, who cited the city’s cart path system, Kedron Fieldhouse and Aquatic Center, and two lakes.
Home affordability – with the city’s median home price at $247,900 – was the most important factor in the magazine’s calculations. The average commute was listed at 29 minutes.
Other considerations included low pollution and green space; well-educated residents and high test scores in schools; low personal and property crime; and impressive economy with high job growth, high family income, and low unemployment rate.
BusinessWeek penalized places with lack of racial diversity, bad weather, high divorce rates, and few children. In Peachtree City, the survey noted that 48 percent of the city’s residents are married with children.
The magazine considered communities with populations ranging from 5,000 to 60,000 within 25 miles of the most populated city in each state, median family incomes of $51,000 to $200,000, and lower than average crime rates.
“Residents are attracted to Peachtree City for its recreation-oriented lifestyle, award-winning schools, extensive variety of home styles and prices, and 90 some miles of cart paths for jogging, bicycling, walking and golf cart rides,” said The Home Source Realtors Qualifying Broker Linda Huff. “The city’s convenience to I-85 for a quick commute to Hartsfield-Jackson Atlanta International Airport and downtown Atlanta is an added bonus.”
Topics: Area Information, Relocation | 1 Comment »
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March 10th, 2009 at 4:24 pm
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