Cost Of Living
Residents in this area benefit from an affordable cost of living. This includes goods and services, transportation, housing, utilities, groceries and healthcare.
Crime
This area is characterized by a crime rate, per 100,000 individuals, that falls well below the national average, indicating its potential as a very safe place to live.
Employment
This area scores extremely well in the employment category. This is primarily due to the combination of low unemployment rates, higher median home income and income per capita.
Housing
The housing category in this area boasts higher than average scores, likely influenced by a positive home affordability ratio, robust appreciation rates or elevated home values.
Health & Safety
Earning a high health and safety score depends on factors such as good air quality and the availability of essential health facilities like hospitals, clinics, doctors, and fire stations.
Amenities
It appears that many amenities may not be conveniently situated within walking distance, potentially necessitating the use of a vehicle or public transit.
Commute
Commuters in this area may experience longer-than-average work commute times due to limited public transportation access.
Schools
Factors such as lower than average graduation rates, lackluster reading and math scores and the limited accessibility of local elementary and high schools could contribute to the low schools score.
Lakemoor is a small-sized city located in the state of Illinois. The city has a population of 6,028 inhabitants. If we take a look at the last Census, the vast majority of the population falls within one racial group (92% White). Given that fact, Lakemoor could be considered less diverse than other cities. Something to be aware of when living in Lakemoor are the above average commute times. If you're looking for a short commute to work, this might not be the right area for you. With one way commute time of 32 minutes, this comes in much higher than the national average of 26 minutes.
If you’re considering relocating to any new city, it could be a very daunting task. However, it could also be a fulfilling experience if you are willing to get to know the city before actually living in Lakemoor, Illinois. When searching for a new neighborhood, several key items should be considered. Safety is of utmost importance, ensuring a secure environment with low crime. Proximity to your workplace or school helps reduce commuting time and offers convenience. Access to amenities such as parks, grocery stores, and healthcare facilities enhances your daily life. Public transportation options contribute to easy mobility. A sense of community fosters a supportive and engaging environment. Lastly, the overall atmosphere should align with your desired lifestyle, ensuring a fulfilling living experience. Considering these items will guide you towards finding the perfect neighborhood that fits all your needs. Finding the best places to live in Lakemoor 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, health & safety, education, employment and other important metrics.
The livability score in Lakemoor is 71 out of 100 and the city is ranked in the 79th percentile of all cities across America. Based on the grades for each individual category, Lakemoor has received high marks for crime (A+), employment (A+) and housing (A+). The bad news for Lakemoor, there are some categories for which it does not rank well, this includes: amenities (F) and education (F).
The unemployment rate in Lakemoor has consistently declined over the years and currently stands well below the national average at 2%. This downward trend holds the potential to reduce poverty and inequality within the region, promote higher wage levels and stimulate greater economic growth. Such positive indicators signal the overall robust health of the local economy, offering a promising outlook for its residents and fostering an environment of financial well-being and prosperity.
A healthy real estate market serves as a key economic indicator. It could signify overall local economic strength, stability and reflects consumer confidence in the area. Based on multiple factors including: median home and rental prices, appreciation rates and home affordability, Lakemoor has received high marks in the housing category. Based on these calculations, the apartment rental and real estate market appears to be very healthy.
Lakemoor real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Lakemoor. Median real estate prices in Lakemoor come in at $358,354, which is 16.1% higher than the Illinois average. The home price to income ratio compares the median home prices to the median household income. In Lakemoor, the home price to income ratio is 3, which is 14.3% lower than the Illinois average.
| Statistic | Lakemoor | Illinois | National |
| Average one way commute | 32min | 29min | 26min |
| Workers who drive to work | 90.1% | 73.4% | 76.4% |
| Workers who carpool | 2.1% | 8.3% | 9.3% |
| Workers who take public transit | 0.5% | 9.2% | 5.1% |
| Workers who bicycle | 0.0% | 0.6% | 0.6% |
| Workers who walk | 0.0% | 3.1% | 2.8% |
| Working from home | 5.9% | 4.4% | 4.6% |
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