Business Week names Bryant Arkansas’ Best Affordable Suburb

The city of Bryant has been named among the Best Affordable Suburbs in America 2010 by Bloomberg Business Week magazine.

Described as a “fast-growing town about 20 miles from Little Rock” the magazine went on to say:[more]

“Bryant . . . is a family-oriented community with 35.5% of residents married with children. Bryant Public Schools performed above the state average during the 2008-09 academic year, according to the district's annual report. In addition to using local parks, residents can drive to Lake Ouachita, west of Bryant, for boating, fishing, and swimming. Bryant was rated one of the best places to live by Money magazine in 2009.”

The magazine named the Best Affordable Suburbs in each state of the country. The publishers used information provided by community date company OnBoard Informatics to come to their conclusions.

The introduction said, in part:

“Life with children is expensive, but in some places a dollar goes a lot further.

“While many of the places on this year's list are near amenities such as country clubs and golf courses, the focus is not luxury, but rather communities where families can live well for less and enjoy good schools, low crime, and reasonable commutes. The selected suburbs were limited to towns within 25 miles of the most populated city in the state, with populations of 5,000 to 60,000, median family incomes of $51,000 to $120,000, and lower-than-average crime rates. We weighted a variety of factors including livability (short commutes, low pollution, green space), education (well-educated residents, high test scores), crime (low personal and property crime), economy (high job growth, low unemployment rate, high family income), and affordability (median household income, cost of expenditures). Affordability was most heavily weighted in our calculations. We penalized places with bad weather, a lack of racial diversity, high divorce rates, and few children.

”The results range from established high-income neighborhoods to growing middle-income communities.

“Despite their differences, all these places offer young families an attractive location to raise children and remain close to employment opportunities."

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