Study: Stone Mountain community offers great schools, affordable homes


A Stone Mountain ZIP code ranks second in the nation on the list of places with good elementary schools and affordable housing.

The area around Wynbrooke Elementary – 30087 – matches a well-rated “theme school,” solid household income and a modest list price on houses, according to a study by Realtor.com, a California-based resource for housing information.

A section of Woodstock – 30189 – ranked in the top ten for middle and high schools, according to the same study.

The search for the right school district has long been seen as a crucial part of the hunt from the right home. And generally, that notion is so much a part of the pursuit that the property values are measurably higher in the neighborhoods around the good schools.

“When searching for a new home, finding something affordable in a good school district with family-friendly features, such as large backyards, tops the list of homebuyer priorities,” said Javier Vivas, manager of economic research for realtor.com.

Realtor.com analyzed ZIP codes within the top metropolitan areas that contained at least one public or public charter school that was highly ranked by GreatSchools. And the areas around those schools had typically higher income residents.

So some areas might have better schools. And some will have more affordable housing. But none will have both.

“These [Georgia] markets offer strong public schools and affordable homes, making them a great fit for homebuyers with elementary school-age children,” Vivas said.

Stone Mountain’s 30087 matches a well-rated “theme school,” solid household income and modest home prices, according to Realtor.com.

Households in the 30087 ZIP code have a median household income of $71,678. The median price of homes listed for sale there is $218,950.

In Woodstock’s 30189 ZIP code, households have a median income of $83,989. Housing in the area have a median list price of $304,450.

Households in that ZIP code are part of the Cherokee County School District.

Woodstock ranks seventh in the nation for value in buying a house for the local middle school – in this case, E.T. Booth and Woodstock Middle School

Woodstock ranks fifth for value in a high school district.

The high schools in the area are Etowah and Woodstock High.

BEST HOME-SCHOOL VALUE FOR ELEMENTARY SCHOOLS

1. Aurora, Illinois (ZIP code 60503)

2. Stone Mountain, (ZIP code 30087)

3. Hampton, New Jersey (ZIP code 08827)

4. Royersford, Pennsylvania (ZIP code 19468)

5. Kingwood, Texas (ZIP code 77345)

6. Rosemount, Minnesota (ZIP code 55068)

7. Bowie, Maryland (ZIP code 20715)

8. Huntington Woods, Michigan (ZIP code 48070)

9. Stow, Massachusetts (ZIP code 01775)

10. Chandler, Arizona (85226) – Kyrene Elementary District and Paragon Education Corporation

Source: Realtor.com

BEST HOME-SCHOOOL VALUE FOR MIDDLE SCHOOLS

1. Aurora, Ill. (ZIP code 60503)

2. Hampton, N.J. (ZIP code 08827)

3. Royersford, Pa. (ZIP code 19468)

4. Kingwood, Texas (ZIP code 77345)

5. Rosemount, Minn. (ZIP code 55068)

6. Bowie, MD (20715)

7. Woodstock, Ga. (ZIP code 30189)

8. Stow, Mass. (ZIP code 01775)

9. Chandler, Ariz. (ZIP CODE 85226)

10. Plano, Texas (ZIP code 75094)

Source: Realtor.com

BEST HOME-SCHOOOL VALUE FOR HIGH SCHOOLS

1 Royersford, Penn. (ZIP code 19458)

2 Rosemount, Minn. (ZIP code 55068)

3 Plainfield, Ill. (ZIP code 60585)

4 Katy, Texas (ZIP code 77494)

5 Damascus, MD (20872)

6 Woodstock, Ga. (ZIP code 30189)

7 Medway, Mass. (ZIP code 02053)

8 Chandler, Ariz. (ZIP code 85226)

9 Troy, Mich. (ZIP code 48085)

10 Aledo, Texas (ZIP code 76008)

Source: Realtor.com

MYAJC.COM: REAL JOURNALISM. REAL LOCAL IMPACT.

AJC Business reporter Michael E. Kanell keeps you updated on the latest news about jobs, housing and consumer issues in metro Atlanta and beyond. You'll find more on myAJC.com, including these stories:

Never miss a minute of what's happening in local business news. Subscribe to myAJC.com. 

In other Business news:



Reader Comments ...


Next Up in Business

Video: Georgia brings its bid for Amazon HQ2 to Seattle
Video: Georgia brings its bid for Amazon HQ2 to Seattle

A top Georgia recruiter on Thursday walked into Amazon’s Day One tower in downtown Seattle to hand-deliver the state’s pitch for the e-commerce giant’s second headquarters. And she had a camera crew in tow. Brittany Holtzclaw, director of logistics, energy, agribusiness and food processing for the state’s economic development...
House hunters, here are 5 secrets to getting the best home loan
House hunters, here are 5 secrets to getting the best home loan

Getting a home mortgage loan is one of the most important financial commitments most people will ever make, since the terms of your loan can affect your finances in a big way for years to come. Start shopping for a loan before you actually begin looking at homes, since this lets you know where you stand and gives you greater negotiating power with...
5 key things you should know about car insurance
5 key things you should know about car insurance

Car insurance isn't something you probably think about often, but it's an important tool in protecting your assets. It pays to learn about your policy before you need it so you can take advantage of its benefits and avoid any unpleasant surprises. Whether you're shopping for a new policy or are wondering about the specifics of your current coverage...
Kempner: How Cobb, Gwinnett and N. Fulton lost 50,000 Amazon jobs
Kempner: How Cobb, Gwinnett and N. Fulton lost 50,000 Amazon jobs

It’s probably too late for most of us in metro Atlanta’s biggest suburbs to get off our fannies and make Amazon love us enough. Too bad: 50,000 jobs would have been wondrous for Cobb, Gwinnett, much of north Fulton and most of the other communities out here. That’s just the latest price of our dithering on creating and paying...
He helps people secure their passwords with Keeper
He helps people secure their passwords with Keeper

CHICAGO — What’s it really like to work at Chicago startups and tech companies? Blue Sky’s Inside Job lets people on the ground tell us in their own words. Steven Bertrand, 32, User Experience/User Interface Interactive Designer, with a focus on Motion Design, for Keeper Keeper is the world’s leading password manager and secure...
More Stories