(MARION, IN) May 8th, 2017 – First-time Homebuyers across the nation should be looking at Marion, Indiana according to a report from LendEDU. Marion was ranked the “11th Best City in the U.S. for First-time Homebuyers” in a report released on May 3rd, 2017. The report highlighted Marion and the other top-rated cities and towns as offering the most reward for people buying a home for the first time. LendEDU generated their rankings based off metrics including: (1) Median Household Income; (2) Median Household Value; (3) Mortgage Success Rate; (4) Property Tax Rate; (5) Crime Risk Index; (6) Weather Risk Index; (7) Cost of Living Index; and (8) Entertainment Cost Index. Marion received 83 out 100 points. The city ranked #1, Menominee, Michigan, received 87.56 out of 100.
“Scoring exceptionally high in the median income over median home value index, property tax index, and cost of living index, Marion proved to be one of the most affordable cities in the country. Additionally, Marion posted an exceptional score in our entertainment category, which is good news for residents of this city.” – Thomas Flynn, LendEDU
“We are excited that this report was released, showing homebuyers that we are a top choice for many reasons. Whether you’re a new business or a first-time homebuyer, Marion is a great place to invest.” – Jess Alumbaugh, Mayor, City of Marion
To find the full report, visit: https://lendedu.com/blog/best-cities-first-time-homebuyers/
LendEDU, established in August 2014, is a marketplace for student loans and student loan refinance, created to help student loan borrowers find transparency without damaging their credit.
Thomas Flynn, LendEDU