Mansfield Among Best Places for Homeownership in Texas
NerdWallet considers availability, affordability, and growth
San Francisco, CA (February 5, 2014) – NerdWallet, a consumer advocacy website, recently conducted a study to find the best places for homeownership in Texas – and Mansfield is in the top 10.
As renting becomes less affordable, NerdWallet wanted to give potential homebuyers a look at the current housing market. NerdWallet based its rankings on the following criteria:
- Homeownership rate
- Selected monthly homeowner costs
- Monthly household income
- Population growth
NerdWallet ranked Mansfield as theninth best place in Texas for homeownership. The area has a homeownership rate of 80.1 percent, and median monthly homeowner costs are $1,892. Mansfield grew by 9.6 percent between 2010 and 2012.
Other cities that made the top ten include Frisco and Cedar Park. Read the full study online.
For more information about NerdWallet, visit www.nerdwallet.com.
NerdWallet is a consumer-friendly financial literacy website that helps consumers make better financial decisions and save money on CD rates, checking accounts, credit cards and more. NerdWallet has been featured in The New York Times, Wall Street Journal and Reuters; our products have been recommended by consumer advocates Liz Weston, Clark Howard and Consumer Action.
Sara Collins | Sara@nerdwallet.com