BusinessWeek recently released a report on the “best affordable suburbs in the U.S. 2009.” The overall winner was Pewaukee Wisconsin, however Cornelius (located at the southern tip of Lake Norman) came in 7th place. Jeff Tarte, Mayor of Cornelius said on the town website, “I want to personally congratulate all Cornelius residents for making Cornelius a little piece of paradise and for being recognized as the 7th best affordable community in the United States.” With low taxes and crime, great parks, many recreational activities, amazing schools, and safe neighborhoods it’s no wonder Cornelius placed where it did.
See the 2009 article here: http://images.businessweek.com/ss/09/02/0219_affordable_suburbs/34.htm
| Some quick facts on Cornelius:Nearest major city: Charlotte Population: 17,290 Median household income: $87,016 Median home price: $206,000 Unemployment rate: 3.3% Violent crime index: 48 |
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The fast-growing bedroom community, 30 miles north of Charlotte, has some beautiful homes on Lake Norman, North Carolina’s largest lake. About 31% of residents are married with children. The average commute is 31 minutes.
Interestingly, Cornelius was also recognized in 2008 by Business Week in an article titled, “Are You Overpaying for Where You Live?” The article goes on to list the 53 most expensive suburbs in the US and Cornelius came in at 34. The article lists the Median home price at $225,000, Cost of living index at 69%, Nonretail spending index at 71%, and the Transportation cost index at 61%.
See the 2008 article here: http://www.businessweek.com/lifestyle/content/feb2008/bw20080229_643607_page_2.htm
Needless to say this is a quite a large turn around in the course of a year and nice recognition.
Sat, Mar 14, 2009
Off The Lake