There's an entire list of things we didn't know about Trader Joe's—like that hidden lobster in every store!—but the newest fact about
this grocery chain is one of the best discoveries yet. According to a new
study, living near a Trader Joe's store will raise your property values.

According to RealtyTrac, which sifted through data from
more than 1.7 million homes in 188 zip codes, homeowners in the same zip code
as a Trader Joe's location have seen 40 percent increase in the value of their
homes since the Hawaiian-themed market moved in. For comparison, the
appreciation rate for homes nearby a Whole Foods was only 34 percent. RealtyTrac
researchers also discovered that overall, homes near Trader Joe's are worth
more to begin with than those close to Whole Foods: $592,339 versus $561,840.

Whole food, Banana, Banana family, Produce, Fruit, Shopping cart, Retail, Basket, Grocery store, Storage basket, pinterest
Flickr Creative Commons

Add this to the list of
reasons TJ's
is better than WF. You know, after the fact that it's not intentionally ripping us off with purposefully high prices. There is a slight downside, of course.
Just like any neighborhood with high property values, residents are susceptible
to paying higher taxes.

This high value correlation doesn't surprise us. After all,
Trader Joe's has been named America's favorite supermarket for service, prices, varied offerings, and atmosphere for the third year in a row. Plus, you just can't beat three-buck Chuck. 

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