Elgin, IL

The Good

• ✓Low cost of living – median home price $214k and rent $1,203
• ✓Good public school system – average rating 7.6
• ✓High diversity – over 60% Hispanic population
• ✓Low flood risk (Flood Zone X)

Real Talk

• !Walk score 13 – almost everything requires a car
• !Transit options are virtually nonexistent, so commuting to Chicago takes about an hour by car
• !Limited dining, nightlife, and cultural amenities
• !Uncertainty about local crime rates – no data provided, but suburban areas can have higher property crime
• $High gasoline and parking costs for the daily commute
• $Property taxes can be substantial for suburban Illinois properties
• $Insufficient public transport may force car ownership, adding insurance and maintenance expenses

Best For

Risk Snapshot