WHERE HOMES ARE AFFORDABLE

WHERE HOMES ARE AFFORDABLE
Residents who live in these 25 growing towns see their incomes go the furthest.
(reprinted from Money magazine, July 14, 2009 issue)

19. Derby, KS Median home price: $143,871
Median family income (per year): $85,233

Derby is described as a close-knit community of families drawn from nearby Wichita by its highly-rated schools and affordable home prices.
But Derby is not strictly a bedroom community. It has a growing number of small businesses and is working to attract more commercial investment. The area around Derby is home to several major aerospace companies including Boeing.
The city features miles of hiking trails, bike lanes and several green spaces. City officials tout Derby’s new library and its local water park. –B.R.