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Posts Tagged ‘Oakton Virginia Money Magazine 2011’

Leesburg Virginia won Money Magazine’s List of the Best Towns to Live for Northern Virginia area and was placed at number 4 on the Money Magazine’s List of the Top 100 Places To Live in United States for the year of 2011.

Money Magazine also placed Herndon VA at number 34, just ahead of Oakton VA at number 36 on the list. Montclair, a Northern Virginia community located in Prince William County VA was at number 35.

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LEESBURG, Virginia

“Leesburg, which snuggles up to the Virginia-Maryland border, offers proximity to plenty of good jobs not just in government but also in defense contracting, consulting, and technology. True, commutes can be abysmal. But residents say that the tradeoff to live in this pretty town, which has seen more history than a Ken Burns film, is worth it. Many antebellum red-brick buildings still stand, now filled with restaurants and art galleries.”

http://money.cnn.com/magazines/moneymag/bplive/2011/snapshots/PL5144984.html

More about Leesburg, VA: http://en.wikipedia.org/wiki/Leesburg,_Virginia

Leesburg, Virginia, is the seat of the Loudoun County, Virginia, government. Loudoun County continues to hold it’s title as the most wealthy county in USA with the median household income at $112,000 in 2010.

http://en.wikipedia.org/wiki/Highest-income_counties_in_the_United_States

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HERNDON, Virginia

Herndon is located in the northwest corner of the Fairfax County in Virginia. The town provides a great base to explore the many jobs in the area. Herndon is located near the so-called Dulles Technology Corridor, and is home to such world- known companies as AOL, Microsoft, and Verizon. Many Herndon residents also work in Washington D.C. which is located about 22 miles away. The Herndon public schools are known for being talent magnets. Newsweek consistently ranks Herndon High in the top 5 percent of the country.”

The median sale price of a home in Herndon, through July 2011, was $454,500, according to Zillow.com. A total of 138 Herndon homes sold in July, according to the site.

According to the Census Bureau, there are 6,962 Herndon households, out of which 41.7 percent had children under the age of 18 living with them, 56.8 percent were married couples living together, 9.4 percent had a female householder with no husband present, and 28.6 percent were non-families.

The median income for a household in the town was $92,947, and the median income for a family was $108,446, according to a 2007 estimate.

Herndon is one of the four incorporated towns in Fairfax County, Virginia.

http://money.cnn.com/magazines/moneymag/bplive/2011/snapshots/PL5136648.html

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OAKTON, Virginia 

Oakton, Virginia is another Fairfax County, Virginia community that made the Money’s 2011 list. Oakton is an un-incorporated town.

Money Magazine wrote: “Hundreds of tall oak trees–from which the town got its name–dot the rolling countryside here,” the Money editors wrote. “But scenic vistas are hardly the only reason to live in Oakton. This affluent unincorporated area is a logical choice for commuters to D.C. and to area jobs hub Tysons Corner: it’s located along both U.S. 66 and Route 123. And the schools here are very good.”

The article notes that the tradeoff comes in the form of home prices. According to Zillow.com, the average sale price of an Oakton home is $675,500, which is up 3.1 percent in the last 12 months.

According to census figures, Oakton is comprised of 11,118 households, out of which 32.7 percent had children under the age of 18 living with them, 57.8 percent were married couples living together, 7.9 percent had a female householder with no husband present, and 31.2 percent were non-families. The average household size was 2.63 and the average family size was 3.08.

According to a 2010 estimate, the median income for an Oakton household was $167,512, and the median income for a family was  $188,308.

http://money.cnn.com/magazines/moneymag/bplive/2011/snapshots/PL5158472.html

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MONTCLAIR, Virginia

Montclair in Prince William County, Virginia made the Money Magazine’s List  in 2007, 2008, 2009, and 2011. Montclair VA was number 35 on the 2011 List, right after Herndon VA at number 34 and before Oakton Va at number 36.

Magazine wrote: “Montclair is located 25 minutes south of the Beltway and 40 minutes from Washington, D.C., this unincorporated area offers residents plenty of commutable jobs plus lots of wide-open space. Homes surround a 108-acre man-made lake, the site of community activities such as Montclair Day in June and Fourth of July fireworks. Nearby Prince William National Forest Park offers various camping and walking trails to explore the outdoors.”

http://money.cnn.com/magazines/moneymag/bplive/2011/snapshots/PL5152658.html

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Direct Link to the Money Magazine’s 2011 List of 100 Best Town to live:

http://money.cnn.com/magazines/moneymag/bplive/2011/snapshots/PL0846355.html

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SOURCE:  Money Magazine

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