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21 of the most affordable zip codes to raise a family in the US

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21 of the most affordable zip codes to raise a family in the US

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Head to the Midwest if you’re looking for affordable real estate and good public schools.

A neighborhood with high-quality schools and affordable homes sounds like the ideal place to raise a family, but it’s not easy to come by.

Luckily, HomeUnion, an online real estate investment management firm, recently dug into its database of more than 200,000 neighborhoods to find out which US zip codes fit the bill.

To compile its list, HomeUnion analyzed the 50 largest US metros to find the one zip code in each with the lowest median sale price for single-family homes sold between late 2016 and early 2017. From there, they sourced Maponics, which ranks public schools based on average math and reading scores, to find the most affordable zip codes that also have an average school rating in the 80th percentile or higher. Metros with zip codes that had no school ratings above 80 were eliminated entirely, including New York City.

“As home prices continue to increase in many coastal markets, particularly in the Western US, we are seeing the best opportunities for first-time home buyers with families in the center of the country,” said Steve Hovland, director of research for HomeUnion, of the company’s findings.

Below, check out 21 of the best places to raise a family, ranked by median home sale price. Each zip code’s metro and average school rating are included as well.

All photos feature the metro area the zip code is a part of. 

21. 97035: Lake Oswego, Oregon

Metro: Portland

School rating: 87.9

Median home sale price: $417,500

 

20. 80122: Centennial, Colorado

Metro: Denver

School rating: 83.3 

Median home sale price: $380,000

19. 78717: Williamson, Texas

Metro: Austin

School rating: 84.9 

Median home sale price: $375,000

18. 37179: Thompson’s Station, Tennessee

Metro: Nashville

School rating: 90.3

Median home sale price: $372,500

17. 28104: Matthews, North Carolina

Metro: Charlotte

School rating: 87.7

Median home sale price: $336,500

16. 95677: Rocklin, California

Metro: Sacramento

School rating: 81.5

Median home sale price: $330,500

15. 78255: Cross Mountain, Texas

Metro: San Antonio

School rating: 85.2

Median home sale price: $317,100

14. 32259: St. John’s, Florida

Metro: Jacksonville

School rating: 81.6

Median home sale price: $297,000

13. 89144: Summerlin neighborhood, Nevada

Metro: Las Vegas

School rating: 81.9

Median home sale price: $295,000

12. 16066: Cranberry Township, Pennsylvania

Metro: Pittsburgh

School rating: 83.9

Median home sale price: $274,00

11. 77450: Katy, Texas

Metro: Houston

School rating: 81.2

Median home sale price: $239,500

10. 43065: Powell, Ohio

Metro: Columbus

School rating: 86.1

Median home sale price: $229,500

9. 30519: Buford, Georgia

Metro: Atlanta

School rating: 86.5 

Median home sale price: $220,000

8. 19044: Horsham, Pennsylvania

Metro: Philadelphia

School rating: 84.2

Median home sale price: $217,500

7. 44147: Broadview Heights, Ohio

Metro: Cleveland

School rating: 87.1

Median home sale price: $200,000

6. 46112: Brownsburg, Indiana

Metro: Indianapolis

School rating: 86.3

Median home sale price: $184,100

5. 60503: Aurora, Illinois

Metro: Chicago

School rating: 81.9 

Median home sale price: $168,000

4. 33496: Boca Raton, Florida

Metro: Palm Beach

School rating: 87.9

Median home sale price: $167,500

3. 63026: Fenton, Missouri

Metro: St. Louis

School rating: 81.1

Median home sale price: $167,000

2. 73170: Tuttle, Oklahoma

Metro: Oklahoma City

School rating: 89.6

Median home sale price: $165,000

1. 64014: Blue Springs, Missouri

Metro: Kansas City

School rating: 88.5

Median home sale price: $159,700

Read more stories on Business Insider, Malaysian edition of the world’s fastest-growing business and technology news website.



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