financial literacy website, NerdWallet, considers cost of living, education,
and economic growth
NerdWallet, a consumer advocacy website that has been featured in The New York Times, Wall Street Journal and Reuters, conducted a study on the best towns in Ohio for young families, and Loveland placed in the top ten, ranking No. 2 on the list. One of the key factors for this elite placement is the quality of education students receive at the Loveland City School District.
“Our community partnership is a key factor in our district’s ability to maintain the excellent service we provide the students who attend Loveland City Schools,” said Chad Hilliker, Loveland superintendent. “I sincerely appreciate the recognition for both the school district and the larger community. Loveland is truly a wonderful place.”To find the best places for future parents and young families to settle down, NerdWallet analyzed data from 184 Ohio cities according to five criteria:
- Public school ratings
- Median home value
- Cost of homeownership
- Median income
- Economic growth
NerdWallet ranked Loveland second after assessing the town’s cost of living, education system, and economic growth. The town’s school district received a nine-out-of-ten rating from the nonprofit, GreatSchools. Median housing prices are also the most affordable at $178,400. Additionally, residents’ incomes grew 39.2 percent, the highest percentage increase of all ten towns.
“Situated outside of Cincinnati, Loveland rests alongside the Little Miami River where a 70-mile trail beckons cyclists and joggers,” said NerdWallet analyst Mike Anderson. “Loveland City Schools, a local school district, has received an ‘excellent’ rating from the Ohio Department of Education for 12 consecutive years.”
Read the full study online.
For more information about NerdWallet, visit www.nerdwallet.com.