Is Addison, Illinois a Good Place To Live? - Living In Addison, IL

Is Addison, Illinois a good place to live?
Addison is a city in Illinois state in USA with a population of 36714 residents.. The poverty rate of Addison is 13.5%, which is 4% lower than national average. The typical household in Addison earns $68534 a year, compared to the national median of $67,500. Nearly 38.2% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Addison, only 81% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Addison remained 4.1%, which is 13% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Addison, only 25% of adults have a bachelor's degree and 24% have some college but no degree.

Cost of living in Addison is 111, which is 11% higher than national average. Median home value in Addison is $259000 , which is 13% higher than national average. While median income in Addison remained $68534, which is 2% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.
Population
36714
Unemployment
4.1%
13% NAT AVG.
Poverty
13.5%
4% NAT AVG.
Overall Score
8
Median Home Cost
$259000
13% NAT AVG.
Median Income
$68534
2% NAT AVG.
Median Rent
$1089
6% NAT AVG.
Cost Of Living
111
11% NAT AVG.
People Living BPL
1 in 7
Unemployed People
1 in 24
People Earning < $10,000
1 in 20
People Earning < $50,000
38.2%
People with <= High School
1 in 2
People With Any Degree
1 in 2.9
Pros & Cons Overview

Jobs80%

Housing85%

Affordability60%

Safety85%

Amenities95%

Diversity95%

Education60%

Commute70%