The recent article placed Herndon at number 34, just ahead of Oakton at number 36 on the list. Separating them is fellow Northern Virginia community Montclair, in Prince William County, at 35.
â€œThis diverse little town was named for Commander William Lewis Herndon, an American naval explorer, in 1858,â€ the editors wrote about Herndon, located in the northwest corner of the county. â€œToday it provides a great base to explore the many jobs in the area. Herndon sits right near the so-called Dulles Technology Corridor, where companies such as AOL, Microsoft, and Verizon are big employers. Alternatively, residents can make the commute to Washington D.C., 22 miles away. The public schools here are a big draw for many: Newsweek consistently ranks Herndon High in the top 5 percent of the country.â€
The median sale price of a home in Herndon, through July 2011, was $454,500, according to Zillow.com. A total of 138 Herndon homes sold in July, according to the site.
According to the Census Bureau, there are 6,962 Herndon households, out of which 41.7 percent had children under the age of 18 living with them, 56.8 percent were married couples living together, 9.4 percent had a female householder with no husband present, and 28.6 percent were non-families.
The median income for a household in the town was $92,947, and the median income for a family was $108,446, according to a 2007 estimate.
Herndon is one of only four incorporated towns in Fairfax county. Oakton, the other Fairfax County community to make Money’s list, is an unincorporated area.
â€œHundreds of tall oak trees–from which the town got its name–dot the rolling countryside here,â€ the Money editors wrote. â€œBut scenic vistas are hardly the only reason to live in Oakton. This affluent unincorporated area is a logical choice for commuters to D.C. and to area jobs hub Tysons Corner: itâ€™s located along both U.S. 66 and Route 123. And the schools here are very good.â€
The article notes that the tradeoff comes in the form of home prices. According to Zillow.com, the average sale price of an Oakton home is $675,500, which is up 3.1 percent in the last 12 months.
According to census figures, Oakton is comprised of 11,118 households, out of which 32.7 percent had children under the age of 18 living with them, 57.8 percent were married couples living together, 7.9 percent had a female householder with no husband present, and 31.2 percent were non-families. The average household size was 2.63 and the average family size was 3.08.
According to a 2010 estimate, the median income for an Oakton household was $167,512, and the median income for a family was $188,308.