Archive for November 27th, 2008

Plymouth vs. Jamestown, Battle of the Colonies

Continue Reading Add comment November 27th, 2008

Okay we fell for this. The real estate information site
Cyberhomes shot us a comparison of the two earliest U.S. settlements, Jamestown, Virginia and Plymouth, Mass. Cyberhomes looked at which place would make the best settlement in 2008. The Jamestown Settlement is in James City County and the Plymouth Colony is in Plymouth County.

plymouth.jpg

James City County

Median Estimated Home value - $319,766, which is down -6.44 percent in the past 12 months.
Population - 62,649
Pop Change since 2000 - 3.71%
Median Household Income - $95,567
Unemployment Rate - 2.60%
Recent Job Growth - 2.31%

Plymouth County

Median Estimated Home value - $310,752, which is down -13.87 percent in the past 12 months.
Population - 505,547
Pop Change since 2000 - 0.93%
Median Household Income - $92,471
Unemployment Rate - 4.80%
Recent Job Growth - 0.27%

Based on the above, Cyberhomes concludes that settlers looking to drop anchor today would be best to settle in Jamestown. Compared to Plymouth, James City County boasts a higher median household income, a faster growing population, lower unemployment rate and higher recent job growth. In addition, the county’s home values have not taken nearly as big a hit as in Plymouth.

No comment on who’s got friendlier Indians.

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The link between residents’ enthusiasm for their cities and economic growth

Continue Reading Add comment November 27th, 2008

A new Gallup study suggests that cities with loyal, passionate citizens are more likely to be economically vibrant. The three-year study, funded by the John S. and James L. Knight Foundation, surveyed 26 communities and looked at how emotionally connected residents were to their city compared to the GDP growth during the past five years.

“The findings show a significant correlation,” a press release for the study said. “Over three years, the researchers will analyze the trends to prove whether emotional connection drives economic growth, or the other way around.”

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