In the past few years many soldiers have been glad to receive a discharge and enter the civilian world. But with the economy lagging and unemployment increasing, these soldiers are re-upping in record numbers.
According to an article published in The State Newspaper, Fort Jackson exceeded its goal for retaining troops by 43%. WOW! And not only do they get a guaranteed job, but 70% of the re-enlisting troops got bonuses ranging from $3000- $29000. Now that's some serious money!
In Columbia, SC, where Fort Jackson is located, the housing affordability factor is also a WOW. The average priced home is around $168,000 and an average BAH ranges from $900-$1500 depending on your rank and family status. So most troops can afford to live off base and take advantage of the great schools Columbia has to offer. Furthermore, real estate is not taking the beating in the capital city of South Carolina that other parts of the country are experiencing. While there has been no appreciation in housing this past year and a half, we have not seen prices plummet.
Columbia also has a very competitive mortgage industry - with heavy emphasis on FHA and VA loans. Because of competition, some of the most attractive rates and terms can be found here. With good credit and a loan amount of $120,000 or greater, one can expect a fixed interest rate of somewhere in the neighborhood of 5.25%.
Money talks, but the command at Fort Jackson realizes that the CARE FACTOR is still a major catalyst for retaining troops. Sgt. Major Jones, chief of the Fort Jackson retention office states that these men and women who re-up will definitely deploy again. He understands that it is equally important to be concerned for them and their families. The soldiers must feel that their families are taken care of when they are in harm's way. This seems to be another part of the reason they are willing to stay.
All of these factors have played well for the retention office at Fort Jackson. The good schools and affordable housing along with great job stability has caused business to be good!!
For additional relocation information regarding Columbia,SC please call Marianne Hatton at 803-454-2906 or email to Hattonm1@aol.com Check me out at www.isellthistown.com for all Columbia listings.
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