Town residents know that Orange is a great place to live but statistics say it’s so as Orange ranked fifth in the NerdWallet’s analyses of the best towns for young families in Connecticut. The website’s findings, published earlier this month, used a combination of home affordability, residents’ incomes and the town’s projected long-term growth, quality of education and family friendliness to determine towns’ rankings on the list. “We looked at ratings at GreatSchools.org to find the best schools and also included a new component to our methodology – the percentage of families with school-age children and the poverty rate for young children. This measure helps determine if an area is affordable for families and healthy for children,” the site stated. Orange ranked behind Simsbury, Trumbull, Kensington, and Glastonbury.
According to NerdWallet’s Senior Communications Analyst Sara Collins, “Our analyses are entirely rooted in statistics – in this case we crunched data from the 2013 U.S. Census Bureau’s American Community Survey to assess factors like affordability, growth rates and education quality,” she said. “Orange’s strong performance was supported by its excellent schools and high percentage of families with school-age children. The town also ranked among the top 10 in our study, “Best Places for Homeownership in Connecticut,” released in October.”
The following blurb about the town was included on the website. “Orange – like Trumbull, its neighbor 11 miles to the west – has relatively high living expenses, with a median home value of $393,300. However, its schools received a 9 at GreatSchools, and over 3 in 10 households have families with children younger than 18. Even though it may be one of the more expensive places in the state, it still holds onto its roots. The annual Orange County Fair, which began in 1898, features tractor pulls and pig races.
NerdWallet is a website devoted to helping people lead better lives through financial education and empowerment. According to its website, when it comes to credit cards, insurance, loans or expenses like hospital costs, consumers make almost all their decisions in the dark. NerdWallet attempts to provide accessible online tools, research and experts to help consumers take back control of their choices in a marketing-driven, trillion-dollar industry. Connecticut may be one of the smallest states in the U.S., but it is also one of most educated and it has one of the highest per capita income levels in the nation.
By Laura Fantarella- Orange Town News Correspondent