CITY OF PASCO NEWS RELEASE -- NerdWallet, a consumer advocacy website, recently conducted a study to find the best places for homeownership in Washington – and Pasco made the list.
As renting becomes less affordable, NerdWallet wanted to give potential homebuyers a look at the current housing market. NerdWallet based its rankings on the following criteria
· Homeownership rate
· Selected monthly homeowner costs
· Monthly household income
· Population growth
NerdWallet ranked Pasco as the 15th best place in Washington for homeownership. The city has a homeownership rate of 62.7 percent, and median monthly homeowner costs are $1,264. Pasco’s population grew by 10.9 percent between 2010 and 2012.
Other Washington cities that made the list include Richland, Burien, and Bonney Lake. Read the full study at: www.nerdwallet.com/blog/2014/best-cities-homeownership-washington/
The City of Pasco strives to continue improving the quality of community life in Pasco.
For more information on the City of Pasco, visit our website at www.pasco-wa.gov.