Community Corner
Lexington Listed as 'Hottest Suburb' by CBS MoneyWatch
A study by Coldwell Banker of 1,500 suburbs across the country has Lexington at number 1 in Massachusetts.
By Richard Hosford and Joan S. Dentler.
According to a report by CBS News MoneyWatch on its website, cbsnews.com, Lexington is one of the nation's hottest suburbs and is the hottest in Massachusetts.
The real estate firm Coldwell Banker has studied more that 1,500 suburbs and has designated Lexington as Massachusetts' top 'burb in terms of economic and population growth. (Note: A population level of 22,275 population was required for inclusion in the survey.)
The CBS News article says rankings are based on a number of factors, but focused on employment rates, both year-over-year increases and overall unemployment that fall well below the national norm.
Other factors that led to Lexington's position on the list are suburban staples such as grocery stores (lots in the area), shopping (some in town, lots nearby), banks (yup) and entertainment (check); proximity to good schools (yes!); light commute times (well sort of) and low crime (yes).
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As recovery from the national recession continues, Lexington is emerging as the best places to live according to the survey. And as any local realtor can tell you, home values in Lexington are on the rise.
Check the list of the hottest suburbs in each state.
Find out what's happening in Lexingtonwith free, real-time updates from Patch.
The hottest suburbs by state:
Alabama: Pelham, a suburb of Birmingham
Arizona: Fountain Hills, a suburb of Phoenix/Scottsdale
Arkansas: Bella Vista, a suburb of Bentonville
California: Belmont, a suburb of San Francisco/San Jose
Colorado: Highlands Ranch, a suburb of Denver
Connecticut: Trumbull, a suburb near Stamford
Delaware: Newark, a suburb of Wilmington
Georgia: Evans, a suburb of Augusta
Hawaii: Mililani Town
Idaho: Rexburg
Illinois: Elmhurst, a suburb of Chicago
Indiana: Carmel, a suburb of Indianapolis
Iowa: Urbandale, a suburb of Des Moines
Kansas: Leawood, a suburb of Kansas City
Kentucky: Georgetown, a suburb of Lexington
Maine: South Portland, a suburb of Portland
Massachusetts: Lexington, a suburb of Boston
Michigan: Forest Hills, a suburb of Grand Rapids
Minnesota: Edina, a suburb of Minneapolis
Mississippi: Brandon, a suburb of Jackson
Missouri: St. Peters, a suburb of St. Louis
Nebraska: Hastings, a suburb of
Nevada: Summerlin South, a suburb of Las Vegas
New Hampshire: Merrimack
New Jersey: Bridgewater, near New York City
New Mexico: Rio Rancho, a suburb of Albuquerque
New York: Clarkstown, a suburb of New York City
North Carolina: Chapel Hill, near Raleigh/Durham
North Dakota: West Fargo, a suburb of Fargo
Ohio: Delaware, a suburb of Columbus
Oklahoma: Broken Arrow, a suburb of Tulsa
Oregon: West Linn, a suburb of Portland
Pennsylvania: Plum, a suburb of Pittsburgh
Rhode Island: Coventry, a suburb of Providence
South Carolina: Mount Pleasant, a suburb of Charleston
Texas: Little Elm, outside Dallas
Virginia: McLean, near Washington, D.C.
Wisconsin: Mequon, a suburb of Milwaukee
Note: Alaska, Montana, South Dakota, Vermont, West Virginia and Wyoming were not included in the above list due to all suburbs falling below the 22,275 population .level required for inclusion in the survey.
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