Lansing is a moderately-sized city located in the state of Illinois. The city has a population of 28,369 residents. In Lansing, there are 3,802 people per square mile, which is well above the national population density average. Lansing is known to be an ethnically diverse city. The two most common races are White (57%) and Black or African American (36%).
Without the right tools, relocating to any new city can be very stressful and challenging. Living in Lansing, Illinois could be a fulfilling experience for anyone who puts in the effort to do the research required. The best areas in Lansing and in surrounding cities are easier to find when you are able to make informed decisions. Using data from amenities, cost of living, employment, housing, you will see a detailed breakdown of the most important information as well as comparisons to the Illinois and national averages.
The livability score in Lansing is 56/100 and the city is ranked in the 8th percentile of all cities across America. This is a poor rating when compared to the average of other places in the country. In fact, Lansing actually ranks among the lowest 10 percentile of cities across the nation. For each of the livability categories, we see that Lansing ranks very well for amenities (A+). There is at least one category that you should be aware of in Lansing. The following was graded with a discouraging score: crime (F), weather (D-), education (F), employment (F) and housing (F).
Conveniently located amenities and interesting attractions are a great way to continuously enjoy Lansing 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.
Assuming that Lansing meets all of your requirements, the next most important item to examine is the affordability of real estate in Lansing. Everything else becomes a lot less important if it turns out that home prices in Lansing are simply unattainable. Median real estate prices in Lansing come in at $124,100, which is 29% lower than the Illinois average. The home price to income ratio compares the median home prices to the median household income. In Lansing, the home price to income ratio is 2.5, which is 16.7% lower 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 Lansing area were 16% and 5 year appreciation rates were 3.4%.