The Price on Neighborhoods With a “Good” School District in California

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✤ As mentioned by Jeanne Sahadi on money.cnn, a large part of young families looking for a home are

also looking for a good school district for their children. Often times parents will inquire about the school district and whether or not the state justifies it as a “good” district, based on state test scores. So

how much would that cost a family looking to live in California? The following features the top least affordable and most affordable neighborhoods.

Atherton, California, 94027

✤ The country’s least affordable neighborhood

✤ Median home price $6million

✤ According to RealtyTrac that’s a monthly payment of $37,000

✤ 412% more than the average monthly wage in the area of $8,953

✤ 2014 State Test Score: 1.41

Beverly Hills, CA, 90210

✤ The second most expensive neighborhood

✤ $20,000 a month for the median priced home of $3 million

✤ 405% more than the average monthly wage of $4,853 for the Los Angeles county

✤ 2014 State Test Score: 1.38

Bakersfield, CA, 93304

✤ Most affordable neighborhood in California

✤ Median home price $133,000

✤ Monthly payments of $3,484

✤ 2014 State Test Score: 1.41

Hanford Corcoran, CA, 93245

✤ Median home price $185,000

✤ Monthly payments average $891

✤ 2014 State Test Score: 1.42

✤ RealtyTrac’s article “Homes Not Affordable for Average Wage Earners…” analyzes over 1,800 zip

codes in the country with at least one “good” school. Their conclusions were that of these zip codes 65%

of those were considered unaffordable to the average wage earners. To further learn about school districts

in your area visit realtytrac.com.