Urbana is a medium-sized city located in the state of Illinois. The city has a population of 41,941 people. With a population density of 3,552 people per square mile, Urbana is well above the nation's average density level. Urbana could be a great place for young adults and students as the average age of 24 years old is below the nation’s average. If you are looking for a family friendly city, Urbana might be a good fit as 72% of the population over 15 years old are married, and 62% have kids who are 18 years old or younger.
If you’re considering moving to any new city, it could be a very discouraging task. However, it could also be a fulfilling experience if you are willing to get to know the city before actually living in Urbana, Illinois. To help you find the best places to live in and around Urbana, AreaVibes has created a livability score using key metrics like amenities, crime, weather, employment and more.
Urbana, IL receives 60/100 for its livability score; this results in a ranking of #957 in Illinois and #23,079 in the USA. This is a poor rating when compared to the average of other places in the country. There are seven total categories that generate the livability score. Urbana ranks well for amenities (A+) and cost of living (B-). Urbana does not score well for the following: crime (D-), weather (D), education (F), employment (D-) and housing (F). 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 Urbana 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. Some of the notable things to do include: Meadowbrook Park, Krannert Center for the Performing Arts, and Japan House.
Being close to public transportation, grocery stores, parks and other conveniences are all important when weighing your options for a new home in Urbana. 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 Urbana are affordable. The median home price for Urbana homes is $145,500, which is 16.8% lower than the Illinois average. If we take a closer look at the affordability of homes in Urbana, we’ll see that the home price to income ratio is 4.4, which is 46.7% higher 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 Urbana area were 4.3% and 5 year appreciation rates were 1.3%.