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Economics

Regardless of what initiated your plan to move to a more rural location, economic stability will be a governing factor of your enjoyment and comfort for the location you ultimately choose. 

Professions and employment

Mondays

4:30 pm

Open Sign
Working from Home
  • Employment possibilities - usually school districts, governmental agencies and any major industries offer the most steady and highest paying wages as an employee in rurl areas

  • Employee benefits - usually only available to full time employees which is not always possible at entry level positions

  • Investigate unmet business and/or service needs

  • Rate of unemployment and employable individuals

  • Is the location's major industry in flux? This may be true in many farming areas.

  • Working online? reliable connectivity may not be available in many areas

  • If working from home - commute costs to attend meetings

  • If employed - commute costs for employment in an area not close to your residence

  • Extreme winter weather hampering commute times

  • Is the local county actively working to attract industries or businesses

  • Is there adequate housing to attract new employees 

  • Delivery of materials from other areas (building, inventory, etc.) timeline.

Personal economic considerations

Tuesdays

10:00 am

selecting wood
School Bus
  • Land and housing availability and prices

  • Researching utility, water, and septic systems and costs in rural properties

  • Researching code violations and repairs prior to purchase of homes

  • Rental vacancy rate

  • School funding and support

  • Daycare availability and costs

  • Availability of school bus service

  • Availability and cost of public transportation

  • Service people availability and costs

  • Public, Private schools and higher education choices and costs

  • Mail delivery - may not be as reliable as in urban areas

  • Transport of goods and services in/out

  • Planned and unplanned power shortages - investment in generators/gasoline/electricians

  • Annual fire abatement costs

  • Home insurance unavailability in certain high fire areas

  • Road association dues and maintenance

  • Cell phone connection

  • Utilities - availability vary in different locations

  • Water - availability, security, cost, or development

  • Trade schools

  • Changing agriculture usage  - may result in new zoning and negative effect on neighborhood

  • Household heating and fuel availability.

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