Edmond #1 on CNBC's "10 Perfect Suburbs" ListPublished: Thursday, September 1, 2011 6:00 am
What makes a perfect suburb? We’re not talking about suspicious “Stepford Wives” perfect. No, for this list, we consulted Location, Inc., the data and analysis company and creator of the consumer reference siteNeighborhoodScout . The analysts used their bank of databases to find the suburbs with the best mix of affordable housing, good schools, educated neighbors, low crime, employment, and reasonable commutes.
Andrew Schiller of NeighborhoodScout explains why these good suburbs are hard to find: “Americans have been leaving the central cities for the suburbs for years in search of more elbow room, better schools, less crime, more affordable home prices, and other amenities. But as many suburbs matured, crime followed, schools declined, and housing prices crept up. So people moved further out. The result was ... that to find those good schools and family-friendly environments, a family would have to trade off with a very long commute that itself can be costly in both real dollars and time lost. And those close-in suburbs that maintained low crime and great schools with nice homes? They became so expensive that most Americans were priced out. Hardly a perfect suburb if one cannot afford to buy a home there.”
The analysts identified the 10 metropolitan areas with over 1 million people that have the lowest unemployment rates based on recent figures. They then used NeighborhoodScout's database and search engine to uncover the perfect suburb in each area, using the most recent data available.
The winning communities range in size from under 5,000 population to over 100,000, in locales that include lakes, mountains, and coastlines. They’re situated near government, universities, and industries less affected by economic troubles. But they all share these outstanding attributes that bring together top amenities at enviable prices and close proximity to the most robust job markets in America. Click ahead to see the 10 Perfect Suburbs, counting down in order to the suburb with the lowest unemployment rate.
By Colleen Kane
Posted August 31, 2011
1. Edmond, Oklahoma
Suburb of: Oklahoma City
Metro area unemployment rate: 4.9%
Median house value: $201,770
Safer from crime than this percent of all U.S. communities: 71%
Edmond is the sixth-largest community in Oklahoma. It has better public schools than 59% of all U.S. communities, and its public schools are better than 96% of schools in the rest of the state. Just under half of Edmond’s populace holds a four-year degree (47.8%), and a majority are homeowners (69.7%). Further analysis of the suburb is found on its Neighborhood Scout profile.