Elmwood Park, Illinois is a mid-sized city with a population of 24,845 people. With a population density of 13,019 people per square mile, Elmwood Park 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, Elmwood Park could be considered less diverse than other cities. Additionally, more than a quarter of the population of Elmwood Park are of Hispanic or Latino origin, and 20% of the population also speak Spanish. 73% of the people in Elmwood Park (over the age of 15) are married and 58% have kids under the age of eighteen. Knowing that, it’s safe to say that this area could be a great place for other families to lay down roots.
Are you trying to decide if living in Elmwood Park is the right fit for your lifestyle? To ensure a good experience before moving to any new city in Illinois, you will probably want to make sure that you check all of the most important boxes. The best areas in Elmwood Park and in surrounding cities are easier to find when you are able to make informed decisions. Using data from crime, cost of living, weather, employment, you will see a detailed breakdown of the most important information as well as comparisons to the Illinois and national averages.
With a livability score of 67/100, Elmwood Park is ranked #14,142 in the United States and #446 in Illinois. Based on the scores for each individual category, Elmwood Park has received high marks for amenities (A+) and crime (A). Regrettably for Elmwood Park, there are some categories for which it does not rank well, this includes: cost of living (F), weather (D), education (F) and housing (D).
Conveniently located amenities and interesting attractions are a great way to continuously enjoy Elmwood Park on a regular basis. Knowing that there are an abundance of amenities and things to do can ensure that you always have access to nearby grocery stores, restaurants and coffee shops.
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 Elmwood Park is real estate affordability. The median home price for Elmwood Park homes is $222,800, which is 27.5% higher than the Illinois average. If we take a closer look at the affordability of homes in Elmwood Park, we’ll see that the home price to income ratio is 4.1, which is 36.7% higher than the Illinois average. Year over year appreciation rates for homes in the Elmwood Park area were 7.3% and the 5 year appreciation rates came in at 7.7%. 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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