Gurnee, Illinois is a medium-sized city with a population of 31,070 residents. According to the most recent Census, 76% of Gurnee residents are White, 10% Asian and 7% Black. 82% of the people in Gurnee (over the age of 15) are married and 51% 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.
Without the right tools, relocating to any new town can be very stressful and challenging. Living in Gurnee, Illinois could be a great experience for anyone who puts in the effort to do the research required. To help you find the best places to live in and around Gurnee, AreaVibes has created a livability score using key metrics like amenities, cost of living, education, employment, housing and more.
Using data and statistics Gurnee has received a livability score of 70 out of 100. This score is ranked in the 65th percentile when compared to all other cities. If we consider each of the categories individually, we see that Gurnee ranks well for amenities (A+) and employment (B). There is at least one category that did not score well in Gurnee. The following was graded with a less than perfect score: cost of living (F), weather (D-) and education (D-).
Location, location, location - possibly the three most important words in your search for a new place to live. Fortunately, in Gurnee, there is no shortage of amazing local amenities and interesting things to do. Here are some of the more popular things to do in Gurnee: Six Flags Great America, KeyLime Cove Waterpark, and Gurnee Mills Outlet.
Feeling a sense of safety in the area that you live in is a must for most people. Low crime rates can have a positive impact on things like home prices, home appreciation rates and the overall sense of community. Gurnee has a violent crime rate of 152 crimes per 100,000 residents which is far lower than the national average.
Assuming that Gurnee meets all of your requirements, the next most important item to examine is the affordability of real estate in Gurnee. Everything else becomes a lot less important if it turns out that home prices in Gurnee are simply unattainable. The median home price for Gurnee homes is $251,300, which is 43.8% higher than the Illinois average. If we take a closer look at the affordability of homes in Gurnee, we’ll see that the home price to income ratio is 2.8, which is 6.7% lower than the Illinois average. Purchasing your new home can come with many financial benefits, some of which are more lucrative than others. Perhaps the most notable benefit could be the appreciation of your new home. Home appreciation rates are a good way to generate tax-free equity on a long term basis. The year over year appreciation rates in Gurnee were 4.9%, and the 5 year appreciation rates came in at 5.3%.
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