eugene oregon real estate blog

Technology, trends, and editorials.

Eugene vs. CNN’s top ten places to live

Filed under: First Time Buyers, Statistics — luke at 8:48 am on Tuesday, February 20, 2007

CNN let’s you compare Eugene-Springfield to their “top ten places to live.”

The first difference is obvious - job growth. Anemic job growth of 2.76% over FIVE YEARS. The second difference is in Median income. Median income in Boise was comparable to Eugene’s, but with a 12.11% job growth rate? Somehow Boise has laid the groundwork for a business-friendly, living-wage friendly economy.

Eugene City leaders, are you listening?

As for housing - when you compare the average home prices in Eugene-Springfield to that of the top ten, it’s obvious that Eugene has simply caught up with the rest of the nation in media home price ($240-250k). It’s also obvious that unless Eugene can create more sustainable wealth, this boom in housing does not provide young families with the ability to move into a home and invest in the community. Not with an average household income level well below the national average.

Popularity: 11% [?]

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