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Friday, July 31, 2009

Duncanville ranked most affordable in U.S. among growing cities

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City of Duncanville

CNNMoney.com recently ranked the City of Duncanville number one for affordable home prices among America’s growing cities (Editor's note: Arlington came in at #13). They started with over 2,466 towns across the country with populations ranging from 8,500-50,000. Economy, jobs, housing, schools, taxes, economic factors, and input from residents were all considered. Duncanville’s 2008 median home price of $99,648 and median family income (per year) of $72,243 clinched the city’s spot at the top of the list for affordable real estate.

City Manager Kent Cagle was not surprised by the ranking. “During these tough economic times, it is more important than ever that consumers get the most for their money,” Cagle said. ” Without a doubt, Duncanville offers home buyers outstanding values and appealing community amenities.”

According to a CNNMoney.com source, the publication uses statistics from Onboard Informatics, a data services company, to compile the list of “Best Places to Live.” In identifying the most affordable town, “only towns where there were more than 100 home sales in 2008, and that were experiencing job and population growth, were considered. Additionally, no more than five places within a state and no more than one place within a county could qualify.

The article notes Duncanville’s appeal to retirees because of its warm climate, nearby amenities and beautiful landscaping. In March 2007, the Texas Department of Agriculture designated the City of Duncanville as a Certified Retirement Community. To date, Duncanville is the only North Texas city to receive such distinction. Also significant is the city’s vision to redevelop Main Street.


Pegasus News content partner - Best Southwest Citizen


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