for your consideration, some place names from real life:
Austria (Österreich), whose name means "Eastern realm"
Essex, which comes from "East Saxons" (see also Wessex "West Saxons," Middlesex "Middle Saxons" and Norfolk "Northern people")
Northampton and Southampton ("hampton" means "home farm")
Cornwall, the "corn" of which means "horn," referring to the peninsula it is on (the "wall" part means foreigners, and is where "Wales" came from, so it basically means "Horn Wales" or "Peninsular Wales")