Vice Presidential Homes: The Cities Rooting for Palin and Biden

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Realtor.com® Spotlights the Neighborhoods of the Vice Presidential Candidates

Bringing home the country's fascination and thirst for information on vice presidential candidates Sarah Palin and Joseph Biden, Realtor.com® examines the neighborhoods these two political stars call home.

Wasilla, Alaska ― Home of Alaska Governor Sarah Palin: A recipient of the Find A Neighborhood "Fast-Track Families" designation, Wasilla is composed mainly of large upper-middle-class income families living in spacious homes. This demographic profile certainly describes the Palin family of seven. Fast-Track Families are middle-aged parents in their prime acquisition years, with the disposable income and educated sensibility to want the best for their many children. They buy the latest technology with impunity and take advantage of rustic locales to enjoy camping, boating and fishing.

Wasilla is situated in the south-central part of Alaska and has an average home price of about $135,000. The local economy supports employment in a variety of city, borough, state, federal, retail and professional service positions, including tourism, agriculture, wood, steel, and concrete products, plus commercial fishing. About 35 percent of the Wasilla workforce commutes to Anchorage for employment. Interestingly, a ballot initiative to make Wasilla the new capital of Alaska, a town of less than 10,000 people, was only narrowly defeated by a 116,000 to 96,000 vote in 1994.

Wilmington, Delaware ― Home of Delaware Senator Joseph Biden: Wilmington is home to many "Upper Crust" US couples, a lifestyle & profile category on Realtor.com's Find A Neighborhood feature to describe people enjoying the most abundant lifestyles in America. Upper Crust neighborhoods contain the highest concentration of residents earning over $200,000 a year or possessing a post graduate degree ― usually empty-nesting couples over age 55.

The average price of all Wilmington homes is about $210,000. Crime in the city is low and the local economy is better than many states, largely due to the pro-business finance laws and a longstanding reputation for a fair and effective judicial system. Longstanding industries include insurance and credit card companies, making Wilmington a US financial center where usury laws have not been employed to limit the interest rates credit card companies can charge.

Contact: Julie Reynolds / Move / 805.557.3080 julie.reynolds(at)move.com

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