Coventry tops Coldwell Banker list of R.I.’s ‘booming’ suburbs
COVENTRY topped Coldwell Bank's list of the Rhode Island "top booming" suburbs, followed by North Kingstown and Bristol.
COURTESY COLDWELL BANKER
By Meg Sullivan PBN Staff Writer
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.