Real Estate
Bethel Ranks #16 Among Top CT Communities to Own a Home
New report ranks Bethel as one of the best places for homeownership.
Bethel recently received the distinction of being ranked the sixteenth best town in Connecticut for homeownership by consumer advocacy website NerdWallet.
The site analyzed 60 Connecticut communities based on affordability (median selected monthly homeowner costs, median monthly household income and costs as percent of income) and population growth (homeownership rate and 2010-12 population growth), as well as median home values. The result is an overall score, ranging from 79 (Glastonbury Center) to 30.4 (Greenwich).
In their full report, NerdWallet gave Bethel an overall score of 67.8 percent. Bethel has a homeownershp rate of 67.6 percent, the average monthly homeowner costs are $2,260 and the estimated median home value is $296,100.
Read the report on NerdWallet.com.
Photo: 120 Old Hawleyville Rd., Bethel. Credit: Zillow
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Patch editor Aaron Boyd contributed to this article.
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