Where should we live in Washington, D.C., with two kids?
May 21, 2006 8:36 PM Subscribe
Which Washington, D.C. neighborhood is right for my interracial, liberal, priced-out-of New York, two-child family?
posted by hhc5 to Work & Money (28 answers total) 7 users marked this as a favorite
My wife and I are about 30, and together make a good salary (about $200K/year), but between childcare for our two kids, NYC rent, student loans, paying down credit card debt from my law-school days, and the modest enjoyment of the Yuppie lifestyle (and believe me, we're more frugal than most of our friends), we're saving nothing. We're also facing the prospect of about $20,000 per year per child in private school tuition, though for now, our older kid is going to a public elementary school. Unlike most everyone we know who's bought a home in New York City, our parents are unable to help us with either a down payment or private school tuition, if we decide to go that way. Thus, at this point, homeownership and financial security seem like an unreachable dream as long as we stay in New York.
Our proposed solution: we move where housing costs are lower than in New York, where the public schools are better than in New York, but where the salaries are not much less than in New York. We're thinking about Washington D.C. This probably describes other cities, but for several reasons, we think D.C.'s the place.
My question: where do we move? Where in the D.C. area can we find good public schools, a good political and racial vibe, and decent housing (keep in mind we'd probably rent for a little while, save up some money, and then buy)?