Central Ohio Real Estate & Communities: Pataskala Ohio Listed By Business Week as one of the Most Affordable Suburbs in the Nation - Central Ohio Real Estate Blog

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Central Ohio Real Estate & Communities: Pataskala Ohio Listed By Business Week as one of the Most Affordable Suburbs in the Nation

One of the fastest growing communities in Central Ohio, Pataskala, has been announced today by Yahoo! Finance (provided by BusinessWeek) as one of the most affordable suburbs of a major urban area (Columbus) offering good schools, the lowest rate of crime and the highest quality of life for the dollar!

Despite an ailing economy and a good selection of homes on the market, it is hard to find one in great neighborhoods with everything a buyer could want.

The community of Pataskala ranks 9th on the list of Best Affordable Suburbs 2009 which takes communities state by state and assesses them with the following criteria:

“Suburbs…limited to towns within 25 miles of the most populated city, with populations of 5,000 to 60,000 people, median family incomes of $51,000 to $120,000, and lower-than average crime rates…[They]..weighted a variety of factors including livability (short commutes, low pollution, green space), education (well-educated residents, high test scores), crime (low personal and property crime), economy (high job growth, low unemployment rate, high family income), and affordability (median household income, cost of expenditures). Affordability was most heavily weighted in [their] calculations. [They] penalized places with bad weather, a lack of racial diversity, high divorce rates, and few children.”

The community itself was settled in the 1800′s and has grown beyond recognition in recent years. (see our post about this interesting community) According to this ranking by BusinessWeek the towns statistics are as follows:

Pataskala, Ohio

Nearest major city: Columbus
Population: 11,919
Median household income: $65,274
Median home price: $142,314
Unemployment rate: 5.2%
Violent crime index: 18  (100 being national average)

Description: Pataskala, a suburb 20 miles east of Columbus, is one of a couple municipalities in the state that operates without an income tax. The city has three downtown’s and a number of sites designated for new development. About 37% of residents are married with children. Average commutes are 27 minutes.

If you are looking to purchase a property in New Albany, Gahanna, Blacklick, Westerville, or another Central Ohio community, please contact The Raines Group. We offer professional real estate advice and are happy to help you achieve your real estate goals. Please contact us today via our online contact form or by calling The Raines Group at 614-418-7417.

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