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Home > Blogs > Lakota Schools News and Issues > Archives > 2010 > July > 22
Thursday, July 22, 2010
What are homes worth in the Lakota Local School District?
I am weighing in on this topic again, because I keep getting more e-mails, comments, etc. about the way levy information is communicated based on $100,000 homes. It got me thinking about the demographic stats in this area, and here is what I found.
The median home value in West Chester in 2009 was $184,000 according to a township report based off the census.
The average home value was $199,195.
The median family income was $78,258 with the average at $93,546.
According to Liberty Township’s 2007 estimates from Census data, the median household income was $86,111. The median household value was $170,500.
So, the conclusions I have drawn are this: The average person in this area lives in a home that comes close to $200,000. But, if we look at median numbers, there are quite a few households who fall to either side of that number.
It seems to me like fairly simple math to estimate the levy cost, but apparently it is a hot topic. So, hopefully the levy calculators helped in the previous post. It isn’t perfect for everyone, but it gives most people an idea.
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