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Arizona Cities and Towns Tout Affordable Homeownership

“NerdWallet,” a website that helps consumers make better financial decisions, has determined which Arizona cities and towns are among the best places to live in. The site conducted a study that would give potential home-buyers a closer look at the current housing market, basing its rankings on key factors like population growth, monthly costs, homeownership rates, and monthly income. The City of Maricopa topped the list, seeing a population increase of nearly 20 percent in two years and an impressive home ownership rate exceeding 80 percent. The town of Queen Creek rounded out the top five, boasting a median home value of nearly $250,000 and an exciting near-future development of a 14-screen movie theater.

It should come as no surprise that Arizona cities and towns continue to show such positive growth. After all, the state itself continues to be one of the fastest growing in the nation, with the US Census Bureau reporting a nearly 220,000 person -jump from 2010 to 2013 alone. The state has already experienced notable points of economic turnaround, but can look especially forward to the increase in job openings and revenue a new Apple plant will bring.

For more information about NerdWallet, visit www.nerdwallet.com.