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Ulster County NY Real Estate Blog


Friday, October 20, 2006

Kingston and Poughkeepsie Rank High on Nest Egg Index

You may be wondering what the Nest Egg Index is. Published by A.G. Edwards, it consists of a survey of individuals in 934 community regions in the US. After the survey data is compiled each region is rated on their investing and personal savings behavior. Poughkeepsie-Newburgh-Middletown was ranked #45 and Kingston, NY ranked #110 on the list. Communities are ranked based on 12 statistical factors, including participation in retirement savings plans, personal debt levels and home ownership. In 11 of the 12 categories, Kingston rated above the national average. The amount of home equity factored heavily into Kingston and Poughkeepsie's high rating.

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