Machesney Park is a moderately-sized city located in the state of Illinois. The city has a population of 23,002 inhabitants. At 91%, the majority of the Machesney Park population is White; this is followed by 3% Black and 2% Asian. If you are looking for a family friendly city, Machesney Park might be a good fit as 71% of the population over 15 years old are married, and 67% have kids who are 18 years old or younger.
Whether you’re moving to a new area to be closer to family, friends or for a new job, living in Machesney Park could be a positive experience compared to other cities in Illinois if you know where to search. To help you find the best places to live in and around Machesney Park, AreaVibes has created a livability score using key metrics like amenities, weather, housing and more.
Using data and statistics Machesney Park has received a livability score of 67/100. This score is ranked in the 51st percentile when compared to all other cities. There are seven total categories that create the livability score. Machesney Park scores well for amenities (A+) and cost of living (B). There is at least one category that you should be aware of in Machesney Park. The following was graded with a concerning score: weather (D-), education (F) and employment (D-).
Location, location, location - possibly the three most important words in your search for a new place to live. Fortunately, in Machesney Park, there is no shortage of amazing local amenities and interesting things to do.
Being close to public transportation, grocery stores, parks and other conveniences are all important when weighing your options for a new home in Machesney Park. Before you determine if any of these amenities are available in the area, you will also want to know if the real estate prices in Machesney Park are affordable. The median home price for Machesney Park homes is $116,000, which is 33.6% lower than the Illinois average. If we take a closer look at the affordability of homes in Machesney Park, we’ll see that the home price to income ratio is 2.1, which is 30% lower 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 Machesney Park will offer some insight into determining if your home purchase will be a solid investment for years to come. In Machesney Park, the year-over-year appreciation rates were 10.5%, and the 5 year appreciation rates came in at 5%.