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

Is Urbana, Illinois a good place to live?
Urbana is a city in Illinois state in USA with a population of 42461 residents.. The poverty rate of Urbana is 29.1%, which is 108% higher than national average. The typical household in Urbana earns $35984 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 3 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 5 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 60.2% 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 Urbana, only 96% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Urbana remained 5%, which is 6% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Urbana, only 59% of adults have a bachelor's degree and 21% have some college but no degree.

Cost of living in Urbana is 91, which is 9% lower than national average. Median home value in Urbana is $151700 , which is 34% lower than national average. While median income in Urbana remained $35984, which is 47% lower than national average.
Population
42461
Unemployment
5%
6% NAT AVG.
Poverty
29.1%
108% NAT AVG.
Overall Score
8
Median Home Cost
$151700
34% NAT AVG.
Median Income
$35984
47% NAT AVG.
Median Rent
$833
28% NAT AVG.
Cost Of Living
91
9% NAT AVG.
People Living BPL
1 in 3
Unemployed People
1 in 20
People Earning < $10,000
1 in 5
People Earning < $50,000
60.2%
People with <= High School
1 in 5
People With Any Degree
1 in 1.5
Pros & Cons Overview

Jobs50%

Housing70%

Affordability40%

Safety80%

Amenities95%

Diversity95%

Education90%

Commute95%