Located in the state of Illinois, Lombard is a mid-sized city with a population of 44,025 inhabitants. In Lombard, there are 4,300 people per square mile, which is well above the national population density average. If we look at the most recent Census, Lombard is known to have a predominantly White population. The next two most common races are Asian and Black. 77% of the people in Lombard (over the age of 15) are married and 61% 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.
Whether you’re moving to a new town to be closer to family, friends or for a new job, living in Lombard could be a positive experience compared to other cities in Illinois if you know where to look. With useful information like amenities, crime, cost of living, weather and other key data points, finding the best places to live in Lombard and in the areas around Lombard is a much easier task.
The livability score in Lombard is 73/100 and the city is ranked in the 76th percentile of all cities across America. There are seven total categories that generate the livability score. Lombard ranks well for amenities (A+) and crime (A-). There are some categories that Lombard ranks poorly for, including: cost of living (F) and weather (D). It might be worth taking a closer look to find out why.
Location, location, location - possibly the three most important words in your search for a new place to live. Fortunately, in Lombard, there is no shortage of amazing local amenities and interesting things to do.
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. Lombard has a violent crime rate of 87 crimes per 100,000 residents which is far lower than the national average.
Lombard 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 Lombard. The median home price for Lombard homes is $240,600, which is 37.6% higher than the Illinois average. If we take a closer look at the affordability of homes in Lombard, we’ll see that the home price to income ratio is 3.3, which is 10% higher than the Illinois average. For most people, purchasing a new home is the biggest investment they will make in their lifetime. Taking a look at overall real estate appreciation rates in Lombard will offer some insight into determining if your home purchase will be a solid investment for years to come. In Lombard, the year-over-year appreciation rates were 4.1%, and the 5 year appreciation rates came in at 5.8%.
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