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

Is Buffalo Grove, Illinois a good place to live?
Buffalo Grove is a city in Illinois state in USA with a population of 40804 residents.. The poverty rate of Buffalo Grove is 4.9%, which is 65% lower than national average. The typical household in Buffalo Grove earns $117921 a year, compared to the national median of $67,500. Nearly 20% 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 Buffalo Grove, only 98% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Buffalo Grove remained 3.1%, which is 34% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Buffalo Grove, only 67% of adults have a bachelor's degree and 20% have some college but no degree.

Cost of living in Buffalo Grove is 121, which is 21% higher than national average. Median home value in Buffalo Grove is $338400 , which is 47% higher than national average. While median income in Buffalo Grove remained $117921, which is 75% 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
40804
Unemployment
3.1%
34% NAT AVG.
Poverty
4.9%
65% NAT AVG.
Overall Score
10
Median Home Cost
$338400
47% NAT AVG.
Median Income
$117921
75% NAT AVG.
Median Rent
$1700
47% NAT AVG.
Cost Of Living
121
21% NAT AVG.
People Living BPL
1 in 20
Unemployed People
1 in 32
People Earning < $10,000
1 in 23
People Earning < $50,000
20%
People with <= High School
1 in 7.7
People With Any Degree
1 in 1.4
Pros & Cons Overview

Jobs90%

Housing90%

Affordability80%

Safety100%

Amenities95%

Diversity85%

Education95%

Commute50%