This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

5 Presidential Towns You Can Move To

Stocks in this article: Z

BOSTON ( TheStreet) -- You know that Washington, D.C., is named for America's first president, but did you know that 134-person Harrison City, Pa., honors ninth president William Henry Harrison? Or that 1,015-population Pierceton, Ind., memorializes 14th president Franklin Pierce?

"You can find towns named after obscure presidents all over the place," says Grant Smith, an expert on "toponymy" (the study of how places got their names).

Smith, an Eastern Washington University professor and past chairman of the American Name Society's Toponymy Interest Group, says presidents who are lesser known today often got communities named after them thanks to the intervention of supporters of their own time.

"People who were in the right place at the right time and had the authority to name their communities often named them after someone they thought was a good president," he says.

Smith -- whose forefathers helped name Blaine, Wash., after failed 1884 Republican presidential candidate James G. Blaine -- says many U.S. leaders little remembered today had plenty of contemporary fans. "A lot of people must have admired 1920s presidents Warren G. Harding and Calvin Coolidge -- who didn't do much -- because they wouldn't have gotten elected otherwise," he says.

Still, Smith says the golden age of naming towns after presidents ended in the late 1800s, when newcomers for the most part filled in the last unsettled parts of our country.

He doesn't expect any future Obamavilles or Romneytowns, as builders who create today's "planned communities" are too afraid of offending any would-be buyers.

"Today's developments tend to have idealized names like 'Sherwood Forest' or 'Mill Creek' -- names that are comfortable and will attract suburbanites," Smith says.

Here's a Presidents Day look at real estate in five communities across America that are named after some lesser-known U.S. leaders.

Median home prices and 12-month net changes for each town are courtesy of market tracker Zillow.com and reflect estimated values for all local residences (not just those on the market) as of Dec. 31. Population and income figures are from the U.S. Census Bureau.

1 of 3

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 18,030.21 +6.04 0.03%
S&P 500 2,081.88 -0.29 -0.01%
NASDAQ 4,773.4720 +8.0480 0.17%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs