• 48°
The Madison Record

Madison in working parents’ Top Ten

Madison was ranked as number eight in NerdWallet's "Top 10 Small Cities for Working Parents." (CONTRIBUTED)
Madison was ranked as number eight in NerdWallet’s “Top 10 Small Cities for Working Parents.” (CONTRIBUTED)

MADISON – In its national review, NerdWallet has rated Madison in eighth place for the “Top 10 Small Cities for Working Parents.”

NerdWallet analyzed income potential, affordability, childcare costs and school quality in almost 1,000 cities to determine the best places for working parents. According to the U.S. Census, 63 percent of families with children now have two parents in the labor force.

NerdWallet examined small cities, often the environments that middle-class families most enjoy. Sites in their Top Ten list are locations that have the best blend of income, cost of living and top-notch schools.

NerdWallet stated that Madison families have the second-lowest monthly homeowner costs of all top 10 cities. Families earn a median income of $104,217.

A Nashville suburb, Brentwood, Tenn. was rated number one for working families. The median income is $150,557. Nearby Franklin, Tenn. ranked as fourth.

Vestavia Hills was the only other Alabama city to make NerdWallet’s list. Other cities in the Top Ten were Los Altos and Saratoga, Calif.; Bentonville, Ark.; Germantown, Tenn.; Dublin, Ohio; and Wildwood, Mo.

For its methodology in ranking, NerdWallet using census data to assign 30 percent of a city’s score to the median income for families with children. Monthly homeowner costs and child care expenses accounted for another 30 percent.

Ratings of schools and the percentage of households with children each were given 15 percent. Finally, the average commute time was given 10 percent of the score.

NerdWallet analyzed 961 cities with populations from 25,000 to 100,000 residents

NerdWallet provides online tools and research to help consumer make wise decisions about credit cards, insurance, loans or expenses like hospital costs. The company focuses on helping people lead better lives through with financial education and empowerment.

For more information, visit nerdwallet.com/blog/cities/best-small-cities-for-working-parents-2015.

Bob Jones High School

Madison City Chess League forms new group for adults

Madison

Madison City Schools named best Alabama school district

Madison

Mercy Wolverton impressively masters hi-tech study, business

Madison

At Madison Street Festival, veterans to show fighter helicopter from Vietnam War

Madison

Local marching bands to be featured at “March on Madison” tonight

Madison

MSF’s Community Showcase promises array of talent

Madison

Brooms, mops in Lions Club sale to raise funds for vision projects

Harvest

Local musicians to jam at Madison Street Festival

Madison

Trash Pandas fall 4-2, Tennessee evens series

FRONT PAGE FEATURED

Athletic Hall Of Fame Accepting Nominations

Harvest

Railyard BBQ Brawl and Music Festival returns Oct. 29

Bob Jones High School

Tommy Overcash appointed to Madison Board of Education

Madison

Children vulnerable for troubled mental health, Cook says

Madison

Fast start leads Trash Pandas to 9-5 in playoff game 1 win

Harvest

Updating state’s 1901 Constitution on November ballot

James Clemens High School

Boynton champions languages with ‘A Seal of Biliteracy’

Madison

Jessica Penot to discuss ‘Haunted North Alabama’

Madison

MSF shows artistic influences at Artist Alley, Crafters Cove and Student Art Tent

Bob Jones High School

Bob Jones, James Clemens command National Merit totals for Alabama

Bob Jones High School

Coaches White and McGehee speak in ‘Sittin’ With the Supe’

Huntsville

Dr. Charles L. Karr named President of UAH

Madison

Trash Pandas clinch second half title with 5-2 win, playoffs start next week

Harvest

Master Gardeners set for Fall Plant Sale on Sept. 24

Madison

Senior center conducts food drive, ceramics sale

x