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

Is Elmwood Park, Illinois a good place to live?
Elmwood Park is a city in Illinois state in USA with a population of 24274 residents.. The poverty rate of Elmwood Park is 6.6%, which is 53% lower than national average. The typical household in Elmwood Park earns $63312 a year, compared to the national median of $67,500. Nearly 41.2% 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 Elmwood Park, only 89% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Elmwood Park remained 4.4%, which is 6% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Elmwood Park, only 26% of adults have a bachelor's degree and 35% have some college but no degree.

Cost of living in Elmwood Park is 112, which is 12% higher than national average. Median home value in Elmwood Park is $267500 , which is 16% higher than national average. While median income in Elmwood Park remained $63312, which is 6% lower than national average.
Population
24274
Unemployment
4.4%
6% NAT AVG.
Poverty
6.6%
53% NAT AVG.
Overall Score
8.5
Median Home Cost
$267500
16% NAT AVG.
Median Income
$63312
6% NAT AVG.
Median Rent
$1191
3% NAT AVG.
Cost Of Living
112
12% NAT AVG.
People Living BPL
1 in 15
Unemployed People
1 in 23
People Earning < $10,000
1 in 18
People Earning < $50,000
41.2%
People with <= High School
1 in 2.6
People With Any Degree
1 in 2.8
Pros & Cons Overview

Jobs80%

Housing85%

Affordability50%

Safety85%

Amenities95%

Diversity90%

Education70%

Commute30%