Save money you said?
2007 Nest Egg Index-Cities with the most savings
In the third annual Nest Egg Index, we ranked the 500 top-performing communities based on their residents' personal savings and investing behavior. By measuring a dozen statistical factors - including participation in retirement savings plans, personal debt levels and home ownership - the Nest Egg Index shows the geographic regions where people are succeeding and facing difficulty with their nest eggs. In this year's results, communities that ranked highly in the Nest Egg Index continue to benefit from strong local housing markets and show a high propensity toward saving and investing in retirement vehicles such as 401(k) or pension plans. And while these communities had higher costs of living than the national average, nineteen out of the top 20 also had lower debt levels.
1 Los Alamos, NM
2 San Jose-Sunnyvale-Santa Clara, CA
3 Bridgeport-Stamford-Norwalk, CT
4 Torrington, CT
5 San Francisco-Oakland-Fremont, CA
6 Barnstable Town, MA
7 Minneapolis-St Paul-Bloomington, MN
8 Holland-Grand Haven, MI
9 Oxnard-Thousand Oaks-Ventura, CA
10 Edwards, CO
11 Washington-Arlington-Alexandria, DC-MD-VA
12 Boston-Cambridge-Quincy, MA
13 Gardnerville-Ranchos, NV
14 Rochester, MN
15 Red Wing, MN
16 Appleton, WI
17 Faribault-Northfield, MN
18 Trenton-Ewing, NJ
19 Naples-Marco Island, FL
20 Hartford-West Hartford-East Hartford, CT
21 Santa Cruz-Watsonville, CA
22 Norwich-New London, CT
23 Lexington Park, MD
24 Boulder, CO
25 Juneau, AK
Nest Egg Index - Your Financial Nest Egg: A.G. Edwards