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

Is Downers Grove, Illinois a good place to live?
Downers Grove is a city in Illinois state in USA with a population of 49263 residents.. The poverty rate of Downers Grove is 5%, which is 64% lower than national average. The typical household in Downers Grove earns $97197 a year, compared to the national median of $67,500. Nearly 26.9% 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 Downers Grove, only 97% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Downers Grove 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 Downers Grove, only 59% of adults have a bachelor's degree and 24% have some college but no degree.

Cost of living in Downers Grove is 120, which is 20% higher than national average. Median home value in Downers Grove is $360100 , which is 57% higher than national average. While median income in Downers Grove remained $97197, which is 44% 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
49263
Unemployment
4.1%
13% NAT AVG.
Poverty
5%
64% NAT AVG.
Overall Score
10
Median Home Cost
$360100
57% NAT AVG.
Median Income
$97197
44% NAT AVG.
Median Rent
$1364
18% NAT AVG.
Cost Of Living
120
20% NAT AVG.
People Living BPL
1 in 20
Unemployed People
1 in 24
People Earning < $10,000
1 in 25
People Earning < $50,000
26.9%
People with <= High School
1 in 5.9
People With Any Degree
1 in 1.5
Pros & Cons Overview

Jobs85%

Housing90%

Affordability70%

Safety90%

Amenities95%

Diversity70%

Education95%

Commute50%