10 May Portage among best places for 1st-time homebuyers
Portage was ranked one of the best places in the U.S. for first time homebuyers based on a nationwide ranking by LendEDU. Out of 30,000 locations, Portage ranked #397 out of 30,000 U.S. Cities. In Wisconsin, Portage ranked 9th following Wisconsin Rapids, Richland Center, Marinette, Two Rivers, Wisconsin Dells, Neenah, Fond du Lac, Sheboygan Falls.
The rankings for this report were developed using licensed data from Experian and Onboard Informatics. Over 30,000 U.S. towns were analyzed for a variety of parameters deemed important for first time homebuyers, including Median Household Income; Median Household Value; Mortgage Success Rate; Property Tax Rate; Crime Risk Index; Weather Risk Index; Cost of Living Index; Entertainment Cost Index.