Peoria is a moderately-sized city located in the state of Arizona. The city has a population of 158,677 residents. If we take a look at the last Census, the vast majority of the population falls within one racial group (85% White). Given that fact, Peoria could be considered less diverse than other cities. Peoria is known to be family friendly as more than 75% of the population has already tied the knot. It might also be worth noting that 59% of residents also have children under the age of 18.
Living in Peoria can be a great experience for anyone relocating to the town. Having said that, in the state of Arizona, there are many desirable places to live, so choose wisely! To help you find the best places to live in and around Peoria, AreaVibes has created a livability score using key metrics like amenities, crime, cost of living, employment, housing and more.
With a livability score of 80/100, Peoria is ranked #1,701 in the United States and #8 in Arizona. This is a phenomenal score, as Peoria ranks well in multiple categories! Another exciting tidbit, is that Peoria ranks better than 90% of all US cities! Based on the grades for each individual category, Peoria has been rewarded with high marks for amenities (A+), crime (B+), weather (B) and housing (B). Peoria does not rank well for the following: cost of living (D). It might be a smart idea to take a closer look at each category to find out why.
Conveniently located amenities and interesting attractions are a great way to continuously enjoy Peoria 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. Here are some of the more popular things to do in Peoria: Turf Soaring School, Arizona Broadway Theatre, and Trilogy Golf Club at Vistancia.
Based on multiple factors including: median home and rental prices, appreciation rates and home affordability, Peoria has received high marks in the housing category. Based on these calculations, the apartment rental and real estate market appears to be very healthy.
Being close to public transportation, grocery stores, parks and other conveniences are all important when weighing your options for a new home in Peoria. 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 Peoria are affordable. Median real estate prices in Peoria come in at $208,200, which is 17.7% higher than the Arizona average. The home price to income ratio compares the median home prices to the median household income. In Peoria, the home price to income ratio is 3.2, which is 8.6% lower than the Arizona average. Real estate appreciation rates in Peoria are important to consider, as they can act as a guide to determine if your new home purchase will be a solid investment going forward. During the last twelve months, the appreciation rate for Peoria homes comes in at 6.7%, and the 5 year appreciation rates were 8.1%.