Delaware Tabbed Third Best Small Town Near a Big City

Midwest Dominates National Survey

smartasset.com recently evaluated 494 small cities located near a big city and ranked Delaware, Ohio, as the third-best in the nation.

smartasset.com has named Delaware, Ohio, as the third-best small town near a big city in the nation.

Wordy title. But still a cool distinction.

smartasset.com evaluated every community on three factors – jobs, affordability, and livability – and then ranked the 494 communities based on those criteria. Brownsburg, Indiana was first, followed by Hebron, Kentucky in the two communities that out-paced Delaware.

The first two were seen as much more affordable than Delaware. In fact, Delaware was only in the top-10 of the livibility score category.

Columbus, Cincinnati and Indianapolis communites dominated the top-10. With every community located within those metro markets. Other Columbus communities to make the list included Johnstown (7) and Canal Winchester (8).

Methadology According to smartasset.com

Definitions of suburbs according to population constraints vary, but for the purposes of our study, we considered neighboring suburbs with a population between 5,000 and 100,000. This left us with 494 suburbs, which we compared across three categories and a total of 13 metrics:

  • Jobs. For our jobs score, we considered five metrics: median household income, five-year income growth, 10-year employment growth, job diversity and unemployment rate. Job diversity measures the variety of industries available in a place using the Shannon index. Data for all metrics comes from the Census Bureau’s 2020 5-year American Community Survey.
  • Affordability. For this score, we looked at housing costs relative to income, home value-to-income ratio, average effective property tax rate and estimated annual cost of living for an individual. Data for the first three metrics comes from the Census Bureau’s 2020 5-year American Community Survey. Cost of living figures come from the MIT Living Wage Calculator.
  • Livability. This includes the high school graduation rate, dining and entertainment establishments as a percentage of all establishments and violent and property crimes per 100,000 people. Data comes from the 2022 County Health Rankings and the Census Bureau’s 2020 5-year American Community Survey. Crime data comes from the FBI and is for 2020; missing crime data was supplemented by NeighborhoodScout.com.

In our book Delaware is number one; but number three is pretty cool too.

Heartland Bank Making Tracks into Delaware County

Delaware Will Be 19th Location for Bank

There will soon be another banking option in Delaware County and Delaware, Ohio. Heartland Bank has announced it will open a new location on US 23.

The location is planned to be at 1754 Columbus Pike, which is in the Delaware Community Plaza, and will join such businesses as Harbor Freight, Starbucks, Huntington, Wendy’s, and many others. Construction is slated to begin mid-September with a one-year build timeline.


The Full Press Release

Heartland BancCorp, the parent company of Heartland Bank, today announced that a nineteenth Heartland Bank branch will be located at 1754 Columbus Pike in Delaware, Ohio. With a groundbreaking planned for mid-September of 2022, this branch will be situated in the Delaware Community Plaza. The style will mirror the universal branch model in several current locations and include a night drop, drive-thru, and ATM. The space is being designed to include a community room for small gatherings and casual meetings. Plans currently suggest a twelve-month construction timeframe with an anticipated open date in the late summer of 2023.

“Delaware County has been on our radar for quite a while, and we are very excited to bring our brand of community banking to the county seat. The achievements that the City of Delaware and Delaware County along with the surrounding community have been able to achieve are remarkable. We look forward to playing an active role in the future of Delaware County,” stated G. Scott McComb, chairman, president and CEO.

About Heartland BancCorp

Heartland BancCorp is a registered Ohio bank holding company and the parent of Heartland Bank, which operates 18 full-service banking offices and TransCounty Title Agency, LLC. Heartland Bank, founded in 1911, provides full-service commercial, small business, and consumer banking services; professional financial planning services; and other financial products and services. Heartland Bank is a member of the Federal Reserve, a member of the FDIC, and an Equal Housing Lender. Heartland BancCorp is currently quoted on the OTC Markets (OTCQX) under the symbol HLAN.

In May of 2022, Heartland was ranked #112 on the American Banker Magazine’s list of Top 200 Publicly Traded Community Banks and Thrifts based on a three-year average return on equity as of December 31, 2021.

Safe Harbor Statement

This release contains forward-looking statements that reflect management’s current views of future events and operations. These forward-looking statements are based on information currently available to the Company as of the date of this release. It is important to note that these forward-looking statements are not guarantees of future performance and involve risks and uncertainties, including, but not limited to, the ability of the Company to implement its strategy and expand its lending operations.

Former Betty’s Boutique Finds New Owner

The former Betty’s Boutique has found a new owner according to the Delaware County Auditor’s office.

The property, located 4111 Stover Road, sits at the intersection of Stover Road and State Route 36 just west of Ostrander, Ohio. The property was purchased for $230,000 by a Delaware couple.

In total, four commercial properties changed hands in Delaware County last week. They included the following:

AddressCityTransfer Price
160 Johnson DriveDelaware$862,297
653 McCorkle WayWesterville$199,000
68 Olentangy CrossingDelaware$525,000
4111 Stover RoadOstrander$230,000
Information courtesy of the Delaware County Auditor’s Office.

If you are looking to buy or sell commercial real estate in Central and North-Central Ohio call Toby Boyce at (419) 618-8629!

Delaware Completes Purchase of New Fire Station

New Fire Station Delaware Ohio

The city of Delaware completed the purchase of the former American Freight retail and corporate headquarters at 680 Sunbury Road in Delaware, Ohio, this past week according to the Delaware County Auditor’s office.

The city paid $3,995,000 for the parcel which is expected to become the city’s fifth fire station. The city will repurpose and renovate the current space rather than having to build an entirely new station. According to the Delaware Gazette story from about a month ago, that is estimated to save the city $13,000,000.

The station is expected to be completed in late 2023.