
6 places it pays to move to
Some communities will make it worth your while to relocate by paying toward your student loans or covering other expenses.
This post comes from Jennifer Holder at partner blog Wise Bread.
Across the country, a lot of cities (and states) want you to move there for one reason or another. Some are looking for a way to revitalize formerly thriving communities or neighborhoods. Some want you to move closer to downtown (if you're already working there). And some communities are just really, really small and want new blood (don't worry, Bon Temps is not on this list).
Check out the list below, and maybe you'll find a new place to live and earn some extra money, too.
1. Niagara Falls, N.Y.
Maybe you saw the headlines: Niagara Falls wants to help pay off your student loan debt. The city is looking for some fresh blood to move to town and take advantage of all it has to offer. Leaders there want you so badly that they're willing to pay you $3,500 per year for up to two years (if you've graduated in the past two years), with all money to be used toward paying off student loan debt. Check out the program, and if you think you stand a chance, apply!
2. Rural Kansas
Most of rural Kansas offers former students a program similar to Niagara Falls' student loan debt program. To be eligible, you must live in a Rural Opportunity Zone (there are about 50 counties to choose from). You could receive up to $15,000 in student loan payments. new residents can also receive tax waivers.
3. Milnor, N.D.
My research turned up some weird results. For instance, Milnor, N.D., a town of 700, wants a few more people to add to the welcome sign. This town offers some interesting deals: $500 toward the cost of installing sewer and water lines; free minimum on water, garbage, sewer and vector control for two years; an individual or family swimming pool pass and golf membership; and a school activities pass for one year.
4. Detroit
Detroit is the poster child for the decline of U.S. manufacturing, but it has some positives. After all, it's where the auto industry thrives still. The Detroit Tigers were just in the World Series (although they lost rather quickly). A ton of amazing musicians are either from there or got their start there. And the incentives to move there are pretty great, too.
If you work in Southeast Michigan for one of five companies, the city wants to offer you some incentives for either renting or owning downtown -- with perks from forgivable mortgages to funding for the first and second year's rent. There is a similar program for three companies in midtown.
5. Alaska
So it's a state, not a city, but you can move pretty much anywhere in Alaska and get paid by the government. However, you have to wait a year in Alaska to get the first check. This particular program is called the Permanent Fund dividend. To be eligible for the PFD, you must be a resident of Alaska for a full calendar year and intend to remain an Alaska resident indefinitely, along with a few other conditions. I'm sure some of you are hesitant because Alaska is so darn far away, but I'll tell you, I've been there, and it's a lovely state filled with lovely people. I almost moved there myself.
6. Chattanooga, Tenn.
Last but not least, Chattanooga is offering computer aces the chance to relocate to the city, known for its outdoor activities and, of course, the iconic song by the Glenn Miller band. The initiative, called the Geek Move, is targeted at developers and system administrators and offers a $10,000 forgivable second mortgage and $1,250 for relocation expenses. There is a similar program for police officers to move into certain areas, called the Police Fund.
These are just some of the great places to live throughout the country. What does your town offer?
More from Wise Bread and MSN Money:
As a little girl in Detroit, I was branded a loser because I was more interested in the arts than in building cars. I hope people aren't still doing that to their kids today. I'M STILL NOT INTERESTED IN BUILDING CARS. I don't car if it "pays," I have ADD and when I get bored, NOTHING gets done. So, I will stay were I am and continue what I'm doing. I'm doing just fine today. There's nothing wrong with building cars, if that's what a person wants to do. But to automatically EXPECT any one thing from a child just because you live in a certain place is unfair to the child, who may have talents better used elsewhere. This actually goes for ANY career in ANY place.
Please, people, DON'T DO THAT TO YOUR KIDS. YOU'LL ONLY END UP DISAPPOINTED.
RELATED ARTICLES
DATA PROVIDERS
Copyright © 2013 Microsoft. All rights reserved.
Quotes are real-time for NASDAQ, NYSE and AMEX. See delay times for other exchanges.
Fundamental company data and historical chart data provided by Thomson Reuters (click for restrictions). Real-time quotes provided by BATS Exchange. Real-time index quotes and delayed quotes supplied by Interactive Data Real-Time Services. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by SIX Financial Information.
Japanese stock price data provided by Nomura Research Institute Ltd.; quotes delayed 20 minutes. Canadian fund data provided by CANNEX Financial Exchanges Ltd.
ABOUT SMART SPENDING
LATEST BLOG POSTS
Money lessons are where you find them. Use these tips to live long and prosper.
VIDEO ON MSN MONEY
TOOLS
- How much will my savings grow?
Play with the factors that affect the size of your stash.
- How much should I save for college?
- Am I saving enough for retirement?
- How much car can I afford?




