What's the economic fallout when Ohio Magazine slaps a Greater Cincinnati community on its cover, naming it "Best Hometown" in this part of the world?

Quite a bit, as it turns out. The townsfolk of Mariemont are here to tell you that there's a definite financial payoff in achieving the No. 1 ranking in Southwest Ohio. The November cover story has Realtors and town councilmen crowing, villagers gossiping and tourism officials and hoteliers gushing.

The word that the townspeople rarely use, when describing their hometown, is "planned," but that's exactly what village founder and Cincinnati philanthropist Mary Emery"”the heir to her family's fortune"”had in mind when she broke ground on the model community in 1923.

Emery was the proprietor, owner and only financial backer of Mariemont. She quietly purchased one square mile of orchards and cornfields, and proceeded to name her dream village after the family's summer home in Newport, R.I.  Emery"”seeking to make it a "national exemplar""”hired one of America's best-known urban designers, John Nolen, to map out and build the oasis from scratch.

"We are the only town, except for one in New England, that elects [its leaders] at a town meeting," observes Mayor Dan Policastro. The village is also one of the few in America with its own official "town crier."

What the magazine doesn't report is the most significant indicators among the village's promising demographics:
Mariemont High School is a multiple winner of the U.S. Department of Education's Blue Ribbon award. (The Ohio state lauds the school district as well, for meeting 23 out of 23 indicators, earning it the top "Excellent" status.)

Mariemont also boasts a stunning 0.6 percent unemployment rate. And, last year, Mariemont police reported no violent crimes and only 67 property crimes within the borders of the community.

Great schools, high employment, low crime. What more to ask?