Located in the state of Illinois, Burbank is a medium-sized city with a population of 29,087 residents. With a population density of 6,976 people per square mile, Burbank is well above the nation's average density level. If we take a look at the last Census, the vast majority of the population falls within one racial group (84% White). Given that fact, Burbank could be considered less diverse than other cities. Additionally, more than a quarter of the population of Burbank are of Hispanic or Latino origin, and 21% of the population also speak Spanish. Burbank is known to be family friendly as more than 77% of the population has already tied the knot. It might also be worth noting that 55% of residents also have children under the age of 18.
Whether you’re moving to a new city to be closer to family, friends or for a new job, living in Burbank could be a positive experience compared to other cities in Illinois if you know where to look. Finding the best places to live in Burbank and nearby areas is a much easier task when you can rely on information and data from the livability score, which includes cost of living, weather, education and other important metrics.
Burbank has a livability score of 67 out of 100 and is ranked #450 in Illinois and #14,198 in the USA. Based on the scores for each individual category, Burbank has received high marks for amenities (A+) and crime (B+). There is at least one category that does not have great scores in Burbank. The following was graded with a less than perfect score: cost of living (D-), weather (D), education (F) and employment (D).
Based on the proximity of local amenities like grocery stores, restaurants, coffee shops, parks, librairies, etc., Burbank has received a higher than average score for its local amenities. If you’re planning on relocating and making this area your permanent home, it’s nice to know that there is an ample amount of amenities and things to do within walking distance or a short drive.
Certain items on your wish list like shopping, restaurants, nightlife and proximity to public transportation are all important factors to search for. Having said that, perhaps the most important metric to consider when contemplating a move to Burbank is real estate affordability. Median real estate prices in Burbank come in at $176,000, which is 0.7% higher than the Illinois average. The home price to income ratio compares the median home prices to the median household income. In Burbank, the home price to income ratio is 3.2, which is 6.7% higher than the Illinois average. Year over year appreciation rates for homes in the Burbank area were 5.9% and the 5 year appreciation rates came in at 5.6%. Why is this important? Knowing the appreciation rates for any area is a quick and easy way to determine if you will see a solid return on your investment.
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