Montgomery County was recently named as one of the top 10 counties in the State of Tennessee according to real estate site Movoto.com.
This news comes on the heels of the recent report that Tennessee was ranked as the top state for foreign job investment. The Secretary of State’s office also reported that more new businesses filed registration paperwork during the third quarter of this year than in the previous quarter. The local economy is showing signs of all of this good news ringing true.
According to Movoto.com, their recent rankings are based on data such as what counties have the most stress-free atmosphere, best school systems and the shortest commute time. The basis of their research aims to help homebuyers answer important questions about a community before they put any money down on a house.
Montgomery County, which is home to nearly 190,000 people, comes in at number ten, outranking 85 other counties in the state. The income is high, the commute times are low, the poverty rate is fairly low, and the unemployment numbers are better than the state average. One drawback is that it is slightly more expensive to live in Montgomery County compared to some of the other counties, but it’s not unreasonable.
The big selling point for the local community is that it boasts an exceptional high school graduation rate – the second best in the state. In fact, over 93 percent of local students graduated from high school in 2014, which is a good sign for the future of the workforce and the local economy.
“Our school system and our access to Austin Peay State University, Nashville State and TCAT are some of the brightest areas for our community’s growth. Our employers need a quality workforce to continue their growth and allow Clarksville and Montgomery County to continually improve and rise in the rankings such as this. While our success and future growth go well beyond just education it is indeed a stepping stone that we must take seriously,” stated Cal Wray, Executive Director of the Clarksville-Montgomery County Economic Development Council.
Movoto ranked the top 10 of Tennessee’s 95 counties and the list is as follows: 1 Knox; 2 Williamson; 3 Sumner; 4 Wilson; 5 Rutherford; 6 Blount; 7 Hamilton; 8 Washington; 9 Davidson; and 10 Montgomery.
Their methodology was based on mathematical results of the Census Community Survey data over the past five years. The criteria used to create the ranking were unemployment rate (the lower the better), median household income (the higher the better), median rent (the higher the better, to indicate area’s desirability), median home price (the higher the better, to indicate desirability), percent of families below the poverty line (the lower the better), high school graduation rate (the higher the better), and average commute time (the lower the better). After all the data was processed, each county was ranked in each category from one to 95, with scores closer to one being better. The county with the lowest score became the state’s best county.
In short, data shows that if locals aren’t stressed about their job, have more education and aren’t struggling to make ends meet, they are more likely to be happy with where they live.