Rye City has been named one of the top 15 "economic power towns" by a company you have never heard of… SpareFoot’s list of America’s Economic Power Towns. Sparefoot is a self storage company – maybe not the best source of reliable economic data…
All of the "power towns" have 50,000 residents or fewer and are home to at least one Fortune 500 company, and they all boast high home values, high home ownership rates, low unemployment rates and more.
Here is SpareFoot’s list of America’s Top 15 Economic Power Towns:
- McLean, VA
- Weston, MA
- Riverwoods, IL
- Franklin Lakes, NJ
- Warren, NJ
- Armonk, NY
- Des Peres, MO
- Westport, CT
- Oak Brook, IL
- Dublin, OH
- Chesterbrook, PA
- Deerfield, IL
- Rye, NY
- Lake Forest, IL
- Bloomfield Hills, MI
Brands from Rye, NY-based Jarden include Crock-Pot.
Rye, NY
Population: 15,720
Nearest major city: New York City
Fortune 500 company: Jarden (Crock-Pot, Oster, Sunbeam, Mr. Coffee)
Home ownership rate: 70.7 percent
Median household income: $143,359
Local unemployment rate: 7 percent
Percentage of residents below the poverty line: 3.1 percent
Ratio of median home value to median income: 11.86
Median home value: $1,700,000
Hello, MyRye.com. Thanks for posting SpareFoot’s “Power Towns” list. I am John Egan, editor in chief at SpareFoot. While you may not have heard of our company, I can assure you that we are a fully reliable source of economic data. The reporter who researched and wrote the story is a very experienced data journalist, and I have more than 25 years of experience in journalism. We would not have published anything but reliable economic data from trusted sources. By the way, congratulations to Rye for making the list.