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

Is Streamwood, Illinois a good place to live?
Streamwood is a city in Illinois state in USA with a population of 39917 residents.. The poverty rate of Streamwood is 6.8%, which is 51% lower than national average. The typical household in Streamwood earns $88917 a year, compared to the national median of $67,500. Nearly 24.9% 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 Streamwood, only 89% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Streamwood remained 3.9%, which is 17% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Streamwood, only 27% of adults have a bachelor's degree and 30% have some college but no degree.

Cost of living in Streamwood is 112, which is 12% higher than national average. Median home value in Streamwood is $205900 , which is 10% lower than national average. While median income in Streamwood remained $88917, which is 32% 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
39917
Unemployment
3.9%
17% NAT AVG.
Poverty
6.8%
51% NAT AVG.
Overall Score
8.5
Median Home Cost
$205900
10% NAT AVG.
Median Income
$88917
32% NAT AVG.
Median Rent
$1705
47% NAT AVG.
Cost Of Living
112
12% NAT AVG.
People Living BPL
1 in 15
Unemployed People
1 in 26
People Earning < $10,000
1 in 23
People Earning < $50,000
24.9%
People with <= High School
1 in 2.3
People With Any Degree
1 in 2.7
Pros & Cons Overview

Jobs85%

Housing85%

Affordability70%

Safety85%

Amenities95%

Diversity100%

Education70%

Commute50%