Friday, July 3, 2009, 10:11PM ET - U.S. Markets Closed for Independence Day - Observed.
No. 8: Columbia/Ellicott City, Md.
![]() Courtesy of Columbia Association |
Population:
158,800
Miles from Baltimore:
21
Median family income:
$107,318
Job growth since 2000:
10.7%
Pros: Strong economy; family-friendly amenities
Con: Traffic can be heavy
One of the nation’s oldest settlements (it was founded in 1772), Ellicott City snuggles up to one of its newest, Columbia (a planned community conjured up out of 14,000 acres of farmland in 1967). This duo remains a perennial contender on our Best Places list thanks to its mix of charm, comfort and careful zoning.
Historic Ellicott City’s steep Main Street is lined with antique shops and teahouses, while Columbia, a cluster of nine residential villages around a town center, is home to offices of such high-powered tech companies as Arbitron, Merkle and Northrop Grumman. No wonder residents’ median household income has risen more than 20% since 2000.
Though traffic can be a headache, it’s easy to escape it: More than a third of Columbia’s acreage has been set aside as open space, including a 950-acre nature preserve, a skateboard park and three lakes.
No. 9: Overland Park, Kans.
![]() Courtesy: City of Overland Park |
Population: 166,700
Miles from Kansas City: 10
Typical single-family home: $275,000
Job growth since 2000: 16.8%
Pros: Reasonably priced housing, great job market
Con: Sometimes feels a little too planned
Overland Park’s flat terrain and grid layout don’t provide much drama, but for its residents, reasonable housing prices, good jobs and proximity to Kansas City, Mo. are excitement enough. “I’ve had a lot of opportunities to move,” says Chris Price, 46, a manager at an engineering consulting firm, “but the quality of life has always kept us here.” The city (where Sprint Nextel employs 12,000 people) recently began building a dozen soccer fields to host national tournaments—good news for local businesses. There are six major medical centers here too, and schools are among the best in the nation. Happily, development hasn’t paved over the green space: The Arboretum and Botanical Gardens covers 300 lush acres, for example.
No. 10: Fishers, Ind.
![]() Courtesy: Town of Fishers |
Population: 61,800
Miles from Indianapolis: 15
Economic development spending: $700 million from 2008 to 2010
Transit: New rail line in the next five years
Pros: Public transportation, growing economy
Con: Minimal downtown
Fishers is growing fast, attracting residents who are young (median age: 30) and smart (over 60% have a bachelor’s degree or more). It has the range of pluses common among our top 10, including a strong economy (lots of life-science companies are moving in), low home prices ($149,700 for the typical house) and good schools (they get high rankings in the state). Though a walkable downtown is still in the planning stages, transportation is already here: Fishers started a commuter bus service to downtown Indianapolis and plans rapid transit via rail in the next two to five years. When it comes to smart planning and sheer livability, other places could learn a lot from this little city in the Midwest.
See today's average rates across the country.
| Loan Type | Today | Last Week |
|---|---|---|
| 30 Year Fixed | 5.34% | 5.46% |
| 15 Year Fixed | 4.86% | 4.86% |
| 1 Year ARM | 4.07% | 4.04% |
| 30 Year Fixed Jumbo | 6.51% | 6.51% |
| 5/1 ARM | 4.56% | 4.79% |
| 3/1 ARM | 5.39% | 5.18% |
| Loan Type | Today | Last Week |
|---|---|---|
| $30K Home Equity Loan | 8.37% | 8.34% |
| $50K Home Equity Loan | 8.23% | 8.20% |
| $75K Home Equity Loan | 8.22% | 8.18% |
| $30K HELOC | 5.06% | 5.04% |
| $50K HELOC | 4.80% | 4.78% |
| $75K HELOC | 4.80% | 4.79% |
| Loan Type | Today | Last Week |
|---|---|---|
| 36 Month New Car Loan | 7.14% | 7.15% |
| 48 Month New Car Loan | 7.30% | 7.31% |
| 60 Month New Car Loan | 7.39% | 7.40% |
| 36 Month Used Car Loan | 7.77% | 7.78% |
| 48 Month Used Car Loan | 7.89% | 7.90% |
| Card Type | Today | Last Week |
|---|---|---|
| Balance Transfer Credit Cards | 10.14% | 9.98% |
| Low Interest Credit Cards | 10.41% | 10.41% |
| Business Credit Cards | 11.41% | 11.24% |
| Cash Back Credit Cards | 11.56% | 11.20% |
| Reward Credit Cards | 12.10% | 12.03% |
| Instant Approval Credit Cards | 12.99% | 12.49% |
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