|Millbrook recognized as one of the top cities for home ownership in Alabama|
|Written by News Desk|
|Friday, 25 July 2014 15:36|
By BRIAN HODGE
According to a report from Nerd Wallet, Millbrook scored higher than any other city in the region in a piece called "Best Cities for Home Ownership in Alabama."
Nine of the top 10 cities for home ownership, according to the report, are near Birmingham and one is near Huntsville. Millbrook, which just missed the top 10 at #11 was the highest rated city near Montgomery.
Chelsea, a city in Shelby County about 20 miles southeast of Birmingham, topped the list according to Nerd Wallet as the best city for home ownership in the state. Calera, Helena, Trussville, Pelham, Moody, Alabaster, Pleasant Grove, Madison, and Leeds rounded out the top 10 (in descending order).
The report cited statistics that paint a good picture of the state overall. According to Atlas Van Lines there was a net positive gain in residents in 2013 (more people moved to Alabama than moved away). The report also cited data from the Bureau of Economic Analysis that stated personal income in the state increased 1.8% from 2012 to 2013, to a per capita income of $36,501.
According to Nerd Wallet analysts expect the state's economy to grow 2.4% this year, adding about 25,000 new jobs in the fields of manufacturing, business services, health care and social assistance.
|Last Updated on Thursday, 14 August 2014 13:51|
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