The City of Suffolk has added another feather in its’ cap as a city on the rise. Suffolk was ranked 19th on the Best Cities for Young Families in Virginia for 2015 by NerdWallet. A total of 56 cities, towns, and census-designated places with over 10,000 residents were reviewed to create the rankings using U.S. Census data. Suffolk was one of three cities in Hampton Roads to receive a Top 20 ranking with Chesapeake at number 14 and Virginia Beach at number 20.
Among factors considered were home affordability, prosperity and growth, quality of education, and family friendliness. Suffolk had the 2nd highest ranking in the top 20 when it comes to family income growth from the period of 1999-2013 with a growth rate of 65.95%. The rankings can be viewed at NerdWallet.
The rankings noted that “Virginia is an anchor in the mid-Atlantic region, squarely between the Southeast - one of the fastest growing areas in the U.S. - and the Northeast, the country’s economic center. In turn, Virginia has adopted elements of both regions, allowing young families living in the commonwealth their choice of communities: affordable and fast growing or established and stocked with amenities.”
NerdWallet is a consumer advocacy website dedicated to bringing clarity to all of life's financial decisions. They offer tools and content to help people navigate a broad range of topics including mortgages, insurance, college savings, credit cards and healthcare costs. Their data-driven analyses help readers answer the question of where they should live by assessing cost-of-living and quality-of-life factors.