Moving to Peoria
What you need to know before relocating to Peoria, Illinois. Data-driven insights on housing, jobs, safety, and quality of life.
Is Peoria a Good Place to Live?
Based on data across cost of living, job market, safety, and education, Peoria compares favorably on multiple dimensions. Highlights include rent ($899/mo) is below the national average; home prices ($160,600) are well below the us median; high school graduation rate of 92%.
Peoria at a Glance
Cost of Living in Peoria
The median rent in Peoria is $899/month, while the median home value is $160,600. With a median household income of $68,504, residents spend roughly 16% of monthly income on rent.
Overall, the Peoria metro area is classified as affordable compared to other US metros.
Job Market
Peoria has a median household income of $68,504, which is 8% below the national median. The local unemployment rate is 4.9%, compared to the national average of 3.7%.
Safety in Peoria
The violent crime rate in Peoria is 310 per 100,000 residents, which is 18% below the national average of 380.
Property crime rate: 1720 per 100,000 residents.
Education in Illinois
Illinois has a high school graduation rate of 92% and per-pupil spending of $21,829/year. The student-to-teacher ratio is 14:1.
39% of Illinois adults hold a bachelor's degree or higher.
Healthcare Access
Illinois has 295 physicians per 100,000 residents, a 7.2% uninsured rate, and 2.7 hospital beds per 1,000 people. Life expectancy in Illinois is 77.5 years.
Pros and Cons of Living in Peoria
+Pros
- ✓Rent ($899/mo) is below the national average
- ✓Home prices ($160,600) are well below the US median
- ✓High school graduation rate of 92%
- ✓Low uninsured rate (7.2%) and good healthcare access
-Cons
- ✗Unemployment rate (4.9%) is above the national average
- ✗Longer-than-average commute (152016 min)
Frequently Asked Questions
Is Peoria a good place to live?⌄
Peoria, Illinois has several attributes that make it an attractive place to live, including rent ($899/mo) is below the national average and home prices ($160,600) are well below the us median. It scores well on multiple quality-of-life metrics relative to the national average.
What is the cost of living in Peoria?⌄
The median rent in Peoria is $899/month and the median home value is $160,600. The median household income is $68,504. Overall the metro is considered affordable.
Is Peoria safe?⌄
Peoria has a violent crime rate of 310 incidents per 100,000 residents. The national average is approximately 380 per 100,000.
What is the job market like in Peoria?⌄
Peoria has an unemployment rate of 4.9%, compared to the national average of 3.7%. The median household income is $68,504.