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Bedroom Community
A bedroom community is a term used to describe a small area with a population mostly made up of commuter residences and small businesses setup to primarily serve the community.
Sometimes also referred to as dormitory towns, the small local establishments might consist of services like:
- Salons
- Grocery stores
- Coffee houses
- Laundry
- etc
Bedroom communities are often located in the suburbs.
The locations and amenities of these niche areas are often one of two extremes.
They are often either meant for very wealthy people, or one that caters to a foreign labor force.
An exclusive area targeted at the wealthy for example, might have schools that are less crowded, streets that are less congested, air that is less polluted, etc.
Homeowners in such areas can expect to pay a higher property tax per square foot compared to that of real estate situated in the city.
Do note that an area meant for dormitories will have an opposite effect.
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