Test Scores Linked to Home Prices
An Ohio study suggests that high scores by public school students on state exams may help boost a community’s home prices.
Donald Haurin, an economics professor at Ohio State University in Columbus, examined 77,578 house-buying transactions for the year 2000 in seven urban Ohio communities and compared them to the 4th and 9th grade test scores in those districts. On average, he found that a 20 percent increase in a district’s pass rate on the state tests translated to a 7 percent increase in the home prices in that district. His study was published in the May issue of the Journal of Regional Science.
Vol. 25, Issue 43, Page 20Published in Print: July 26, 2006, as Test Scores Linked to Home Prices