Continuing to haul in the awards and accolades as one of the state’s fastest rising towns, and following in lead of the cost efficient, yet luxurious living options offered at the Knightdale Station new home neighborhood, the town of Knightdale was recently ranked number three out of all municipalities state wide on movoto.com’s annual list of the Most Affordable Places in NC.
Movoto.com blog writer, Natalie Grigson explained the website’s analysis process in her article documenting the top 10 Most Affordable Places in NC, explaining, “In order to come up with our list, we use the U.S. Census to find all of the places (towns, villages, cities, and Census Designated Places) within North Carolina with populations over 10,000 people. This left us with a total of 83 places.
Continuing to detail the ranking process, Grigson said, “We ranked each of these 83 places across the following criteria, using data from the US Census…here are the six criteria that got it there: food costs, utility costs, miscellaneous costs, median home price, unemployment rank, and adjusted median income.”
Speaking very complimentary of the town of Knightdale’s lofty number three ranking among the Most Affordable Places in NC, the Movoto blogger added, “With a median age of 30, Knightdale is one of the youngest and arguably the hippest towns in the Raleigh metro area…and perhaps what makes this possible is the town’s affordability.”
“Knightdale has one of the lowest unemployment rates in our top 10, just 7.5 percent, and better still, those employees make a median household income of $74,707, adjusted for the town’s overall cost of living of 104.” She continued to load on the compliments about the number three Most Affordable Place in NC, noting, “This town ranked among the best for its miscellaneous costs; things like restaurants, clothes, and entertainment…this is great news for young families.”
To read the full article on the Most Affordable Places in NC, visit movoto.com. For a closer look at all the great happenings, including a full listing of available home at the Knightdale Station new home neighborhood, visit knightdalestation.com.