Plymouth vs. Jamestown, Battle of the Colonies

Posted by: Chris Palmeri on November 27, 2008

Okay we fell for this. The real estate information site
Cyberhomes shot us a comparison of the two earliest U.S. settlements, Jamestown, Virginia and Plymouth, Mass. Cyberhomes looked at which place would make the best settlement in 2008. The Jamestown Settlement is in James City County and the Plymouth Colony is in Plymouth County.

plymouth.jpg

James City County

Median Estimated Home value - $319,766, which is down -6.44 percent in the past 12 months.
Population - 62,649
Pop Change since 2000 - 3.71%
Median Household Income - $95,567
Unemployment Rate - 2.60%
Recent Job Growth - 2.31%

Plymouth County

Median Estimated Home value - $310,752, which is down -13.87 percent in the past 12 months.
Population - 505,547
Pop Change since 2000 - 0.93%
Median Household Income - $92,471
Unemployment Rate - 4.80%
Recent Job Growth - 0.27%

Based on the above, Cyberhomes concludes that settlers looking to drop anchor today would be best to settle in Jamestown. Compared to Plymouth, James City County boasts a higher median household income, a faster growing population, lower unemployment rate and higher recent job growth. In addition, the county’s home values have not taken nearly as big a hit as in Plymouth.

No comment on who’s got friendlier Indians.

Reader Comments

Snoz

November 27, 2008 1:32 PM

The first European settlers of Jamestown perished because they were primarily prospectors and speculators of gold and other riches. With thoughts of easy money and golden retirements, they too had the disease "only gold could cure." Hoping to flip their investment upon the return of treasures from the new land, the wealthy european investors financed the first Jamestown expedition. With expectation of riches but little regard for long term survival, the settlers set out in pursuit of riches which could be quickly extracted and transferred home. When the first harsh winter fell, Jamestown as well as its inhabitants succumb one by one. Settlers of subsequent expeditions to the new world fared no better except the native Americans(not Indians) had mercy upon the suffering "White Man" by offering food and survival strategies. After receiving repeated bailouts from the native Americans, the Settlers ultimately destroyed the rescuers. The reality of history: Get rich quick schemes destroy you and your society, and bailout backfires. It is amazing human nature has changed so little over much time as well as the result of unbridled avarice. Happy Thanksgiving, native American!

odette

October 13, 2009 8:33 PM

this is the best

odette

October 13, 2009 8:33 PM

this is the best

Crazy One

November 22, 2009 6:07 PM

lol this is funny while being smart

Crazy One

November 22, 2009 6:07 PM

lol this is funny while being smart

Post a comment

 

About

BusinessWeek editors Chris Palmeri, Prashant Gopal and Peter Coy chronicle the highs and lows of the housing and mortgage markets on their Hot Property blog. In print and online, the Hot Property team first wrote about the potential downside of lenders pushing riskier, "option ARM" mortgages and the rise in mortgage fraud back in 2005—well ahead of many other media outlets. In 2008, Hot Property bloggers finished #1 in a ranking of the world's top 100 "most powerful property people" by the British real estate website Global edge. Hot Property was named among the 25 most influential real estate blogs of 2007 by Inman News.

BW Mall - Sponsored Links

Buy a link now!