Up-And-Coming Startup Cities Offer Attainable Housing
Huntsville, Ala., isn’t as hip or trendy as Austin, Texas, but it does offer more bang for the buck. For instance, a homeowner who works in the tech industry purchased a 2,600-square-foot home on a 30-acre lot for $400,000 in 2014.
The Wall Street Journal found alternatives for popular tech hubs, locating cities with emerging start-up scenes with good deals on housing.
Instead of Washington, D.C., consider Richmond, Va., and instead of Boston, look into Manchester, N.H.
Eugene, Ore., has 400 tech companies in the area. The median sales price on a home there is $239,000, which is much cheaper than the seven figures you’d spend on a place in San Francisco.
Tech jobs are multiplying across America, attracting executives and entrepreneurs drawn to lower living costs and a slower pace of life. Places like Eugene, Ore., Manchester, N.H., and Huntsville, Ala., may have around 200,000 residents each, but they also have fledgling startup scenes, regional offices of large tech firms and major universities or research centers.
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