The Magic Zipcode: The Most Affordable Zipcodes to be in for the Best Schools

By HomeUnion, Special for USDR

 HomeUnion, an online real estate investment management firm enabling value investing in residential properties, has issued a new report on the most affordable zip codes with the best schools. Zip codes in the Kansas City, Indianapolis and St. Louis metropolitan areas topped the list. HomeUnion analyzed median home prices in 31 major metropolitan areas and schools ranked in the 80th percentile or higher by the National Center for Education Statistics (NCES) for this study.

“The quality of public schools is one of the most important factors to consider when buying a home, especially for families,” saysDon Ganguly, CEO of HomeUnion. “In many cases, home buyers are willing to pay more to be located in a neighborhood with highly ranked schools, even if it means downsizing into a smaller home.”

Below is a list of the most affordable zip codes with the best schools:

Metro Area

Zip Code

NCES School Ranking (Percentile)

Q1 2016 Median Home Price

Submarket

Kansas City

64014

87.8

$143,000

Blue Springs, MO

Indianapolis

46060

84.5

$157,000

Noblesville, IN

St. Louis

63126

95.5

$160,000

Southwest section of St. Louis, MO

Philadelphia

18960

85.3

$171,000

Sellersville, PA

Chicago

60301

91.3

$172,000

Oak Park, IL

Cleveland

44147

90.6

$179,000

Broadview Heights, OH

Austin

78705

87.8

$187,000

Central section of Austin, TX

Raleigh

27511

81.5

$188,000

Cary, NC

Memphis

38654

90.6

$190,000

Olive Branch, MS

Atlanta

30519

87.2

$194,000

Buford, GA

Charlotte

28079

81.6

$196,000

Indian Trail, NC

Dallas/Fort Worth

75023

81.1

$201,000

Plano, TX

Houston

77450

89.8

$202,000

Katy, TX

Minneapolis

55020

84.6

$209,000

Elko New Market, MN

Cincinnati

45140

87.0

$218,000

Loveland, OH

San Antonio

78259

89.8

$226,000

North San Antonio, TX

Tampa

34685

81.1

$246,000

Palm Harbor, FL

Jacksonville

32259

88.3

$268,000

St. John’s, FL

Milwaukee

53122

92.3

$273,000

Elm Grove, WI

Denver

80122

80.2

$279,000

Centennial, CO

Portland

97035

89.0

$320,000

Lake Oswego, OR

Seattle

98011

84.0

$360,000

Bothell, WA

Orlando

34786

81.0

$361,000

Windermere, FL

San Diego

92126

89.1

$397,000

Mira Mesa section of San Diego

Orange County

92688

89.4

$425,000

Rancho Santa Margarita, CA

Inland Empire

91737

80.7

$455,000

Rancho Cucamonga, CA

Los Angeles County

91020

93.2

$490,000

Montrose, CA

Oakland

94551

83.5

$525,000

Livermore, CA

Miami

33158

82.0

$570,000

Pinecrest, FL

San Jose

95035

80.4

$590,000

Milpitas, CA

San Francisco

94947

80.3

$612,000

Novato, CA

“One of the main concerns among remote residential real estate investors is the quality of their investment since they’re trusting someone else with their money,” notes Ganguly. “Comprehensive data on neighborhoods, including public schools information, job growth, crime and other statistics on HomeUnion’s Investor Portal ensure that investors are making the most-informed financial decisions.”

About  HomeUnion
HomeUnion is an online real estate investment management firm, bringing value investing to the individual investor in residential properties.  Based in Irvine, Calif., it provides all the services needed for individuals to invest remotely in SFR properties. The company uses a combination of data-driven proprietary analytics to incorporate over 120M homes and 200,000 neighborhoods into their database, and then delivers its solutions to an on-the-ground infrastructure that currently serves 21 locations. HomeUnion’s role spans the lifecycle of the investment transaction: from identifying sound investments; handling all aspects of acquisition; maximizing income; protecting asset value; and selling it when the time  comes.

SOURCE HomeUnion

All opinions expressed on USDR are those of the author and not necessarily those of US Daily Review.
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