Three communities in Hamilton County are among the best cities in Ohio for homeownership, according to a NerdWallet analysis using the U.S. Department of Housing and Urban Development’s standards of affordability . Dent, Bridgetown and Mack all made it into the top 10.
Given Ohio's uptick in jobs in the last several months and homeowner costs that account for less than 30 percent of income, Nerdwallet concluded that buying a house in Ohio is a good investment.
The study used a few standards to weigh which area was the best to own a home in: Low availability of homes, which signals more buying than renting options and affordability, cost of living via monthly homeowner costs and population growth. The top cities were in and around Ohio's "Three C's:" Cincinnati, Cleveland and Columbus.
Dent , in Hamilton County's Green Township, was ranked second on the list after Pickerington near Columbus. Dent saw the largest population increase from 2010-2012 on the list and an unemployment rate of only 3 percent, according to Nerdwallet. The study states that its success is likely linked to economic growth in Greater Cincinnati from organizations like REDI Cincinnati and the Hamilton County Growth Company.
Bridgetown , ranked seventh, is the second-most-affordable place on the list with homeowner costs reaching an average of $1,316 monthly. It is called a "prime destination for outdoor enthusiasts," given its location between Miami Whitewater Forest and Mount Airy Forest. Bridgetown is also close to Mitchell Memorial Forest.
Mack , the third Hamilton County location, squeezed into tenth place with relatively expensive housing costs but a 97.3 percent homeownership rate and a 3.7 percent unemployment rate. It is also close to parks and forests, as well as the Visitation Athletic Club and Mercy Health hospital.