09-26-2014, 02:08 PM
Where I used to live in NJ was one of the most expensive areas of the country with one of the highest median incomes( about $100K/family). There you could get a so-so apartment for a minimum of $1000 a month. There were not any colleges near by.
Now I live near Buffalo which may not be a "college Town" per se but there are a lot of colleges around. The median income here is about 50K/family. Here you can get a fairly nice 2 bedroom apartment for about $800. So maybe it is not just the colleges that make a difference but what the local economy will support.
By the way taxes in NJ are also off the wall, i know someone with an older house in a rich area, 1 acre of land 4 bedroom 2 1/2 bathroom house. $20K+ in taxes per year. Yes that is just taxes? Is it any wonder people move out of the area to retire?
Now I live near Buffalo which may not be a "college Town" per se but there are a lot of colleges around. The median income here is about 50K/family. Here you can get a fairly nice 2 bedroom apartment for about $800. So maybe it is not just the colleges that make a difference but what the local economy will support.
By the way taxes in NJ are also off the wall, i know someone with an older house in a rich area, 1 acre of land 4 bedroom 2 1/2 bathroom house. $20K+ in taxes per year. Yes that is just taxes? Is it any wonder people move out of the area to retire?
Linda
Start by doing what is necessary: then do the possible; and suddenly you are doing the impossible St Francis of Assisi
Now a retired substitute Teacher in NY, & SC
AA Liberal Studies TESC '08
BA in Natural Science/Mathematics TESC Sept '10
AAS Environmental safety and Security Technology TESC Dec '12
Start by doing what is necessary: then do the possible; and suddenly you are doing the impossible St Francis of Assisi
Now a retired substitute Teacher in NY, & SC
AA Liberal Studies TESC '08
BA in Natural Science/Mathematics TESC Sept '10
AAS Environmental safety and Security Technology TESC Dec '12