WALTHAM, Mass. – Coventry, North Kingstown and Bristol were named the top three booming suburbs in Rhode Island in a survey published by Coldwell Banker Real Estate. The “Top Booming Suburbs in America” ranking was a part of the last installment of Coldwell Banker “Best Places to Live” series.
Fifteen hundred suburbs were ranked based on increased annual employment levels, unemployment rates, closeness to good schools, community safety and accessibility to grocery stores and banks. Coventry earned a rank of 733.81 out of 1000.
“As America continues to bounce back from the recession, this ranking identifies suburbs that have shown strong economic growth since the recovery,” Budge Huskey, president and CEO of Coldwell Banker Real Estate, said in a statement.
“These communities have the American ideals we love, the suburban dream intact and a population that is finding jobs at a better rate than the national average. That is the definition of a thriving community,” added Huskey.
South Kingstown, Westerly and Cranston also made the list of top ten Rhode Island communities.
The top ten booming suburbs across the country was dominated by Washington State. Cottage Lake, Wash. took the top spot with a perfect score of 1000, while Mercer Island and Maple Valley landed in the number five and ten spots.
Florida and Utah were also represented by two suburbs in the top ten.
PBN is now accepting applications for its newest award program and event for RI & Bristol County to celebrate the Manufacturing Renaissance that is evolving regionally and across the country. The deadline for applications is March 20th.
PBN's annual Book of Lists has been an essential resource for the local business community for almost 30 years. The Book of Lists features a wealth of company rankings from a variety of fields and industries, including banking, health care, real estate, law, hospitality, education, not-for-profits, technology and many more.