Real Estate
Ridgefield Ranks #31 Among Top CT Communities to Own a Home
New report by Nerd Wallet ranks Ridgefield #31 best places for homeownership. Do you agree? Tell us in the comments.
Ridgefield recently received the distinction of being ranked the 31st 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 Ridgefield an overall score of 61.6 percent. Ridgefield has a homeownershp rate of 72 percent, the average monthly homeowner costs are $3,648 and the estimated median home value is $686,900.
Read the report on NerdWallet.com.
Photo: 152 Rippowam Rd., Ridgefield. Credit: Zillow
Find out what's happening in Ridgefieldfor free with the latest updates from Patch.
Patch editor Aaron Boyd contributed to this article.
Get more local news delivered straight to your inbox. Sign up for free Patch newsletters and alerts.