Elk Grove Village is a moderately-sized city located in the state of Illinois. The city has a population of 33,251 inhabitants. If we take a look at the last Census, the vast majority of the population falls within one racial group (81% White). Given that fact, Elk Grove Village could be considered less diverse than other cities. Elk Grove Village has a high percentage of people who are married with children when compared to the rest of the country. In total, more than 79% of the population is classified as married and 60% have kids.
Living in Elk Grove Village can be a great experience for anyone relocating to the city. Having said that, in the state of Illinois, there are many desirable places to live, so choose wisely! Using the livability score which includes data from categories like amenities, crime, weather, employment, you can easily compare the best places to live in Elk Grove Village and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Elk Grove Village to Illinois and the national average.
The livability score in Elk Grove Village is 70 out of 100 and the city is ranked in the 64th percentile of all cities across America. If we examine each of the categories individually, we see that Elk Grove Village ranks well for amenities (A+) and crime (A+). There is at least one category that does not have great scores in Elk Grove Village. The following was graded with a disappointing score: cost of living (F), weather (D), education (F) and housing (D-).
Location, location, location - possibly the three most important words in your search for a new place to live. Fortunately, in Elk Grove Village, there is no shortage of amazing local amenities and interesting things to do. Some of the interesting things to do and attractions include: Busse Woods Trail System, Pirate's Cove Children's Theme Park, and Inner Peace Healing Massage.
Low violent crime (murder, rape, robbery, assault) is a must for most people when searching for a new area to live. At 106 crimes per 100,000 residents, Elk Grove Village has a violent crime rate that is far below the national average.
There are many factors that go into deciding if an area is the right fit for your lifestyle. Certain “must haves” like low crime, great schools and nearby amenities are all at the top of most people's lists. But before even considering if those options are available, most people will need to know if the real estate in Elk Grove Village is actually affordable. The median home price for Elk Grove Village homes is $259,600, which is 48.5% higher than the Illinois average. If we take a closer look at the affordability of homes in Elk Grove Village, we’ll see that the home price to income ratio is 3.7, which is 23.3% higher than the Illinois average. Knowing if your home will appreciate on a long term or even a short term basis should be factored into your decision making. An increase in your home’s value can be a good way to generate tax-free equity that can create long term financial security. In the past year, appreciation rates for homes in the Elk Grove Village area were 5.2% and 5 year appreciation rates were 4.5%.