Pros and Cons of Living In Peoria, Illinois. Is Peoria, IL a Nice Place To Live or Retire?

Peoria, Illinois

Moving to Peoria In Illinois ? Is Peoria, IL a Nice Place To Live? Pros and Cons of Living in Peoria, Illinois. Find out the best and worst about to live, raise a family or retire in Peoria.

Peoria ( pee-OR-ee-ə) is a city in and county seat of Peoria County, Illinois, United States. Located on the Illinois River, the city had a population of 113,150 as of the 2020 census, making it the eighth-most populous city in Illinois. It is the principal city of the Peoria metropolitan area in Central Illinois, consisting of the counties of Fulton, Marshall, Peoria, Stark, Tazewell, and Woodford which had a population of 402,391 in 2020.

Established in 1691 by the French explorer Henri de Tonti, Peoria is the oldest permanent European settlement in Illinois, according to the Illinois State Archaeological Survey. Originally known as Fort Clark, it received its...

DEMOGRAPHICS

Population
112644
Unemployment
9.7%
106% NAT AVG.
Poverty
19.7%
41% NAT AVG.
Cost Of Living
87
13% NAT AVG.

ECONOMICS

Median Home Cost
$127900
44% NAT AVG.
Median Income
$51736
23% NAT AVG.
Median Rent
$817
30% NAT AVG.
Overall Score
6

CRIME REPORT

SOCIO-ECONOMICS

People Living Below BPL
1 in 5
Unemployed People
1 in 10
People Earning < $10,000
1 in 9
People Earning < $50,000
48.4%
People With Any Degree
1 in 2.4

ETHNICITY

Ethnicity Peoria USA
White 55.7% 60.1%
African American 26.8% 12.2%
American Indian 0.3% 0.6%
Asian 6.3% 5.6%
Hawaiian 0% 0.2%
Multiracial 4.1% 2.8%
Hispanic 6.7% 18.2%
Other 0.2% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Peoria USA
Less than $10,000 10.7% 5.8%
$10,000 to $14,999 6% 4.1%
$15,000 to $24,999 10.7% 8.5%
$25,000 to $34,999 9.3% 8.6%
$35,000 to $49,999 11.7% 12.0%
$50,000 to $74,999 18.1% 17.2%
$75,000 to $99,999 10.9% 12.8%
$100,000 to $149,999 11.3% 15.6%
$150,000 to $199,999 6% 7.1%

EDUCATION

Education Peoria USA
< 9th Grade 5% 5.0%
9-12th Grade 6% 7.0%
High School or GED 25% 27.0%
Other College 22% 20.0%
Associate's Degree 8% 9%
Bachelor's Degree 21% 20.0%
Master's Degree 10% 9.0%
Professional Degree 2% 2.0%
Doctorate Degree 1% 1.0%
Peoria is a city in Illinois state in USA with a population of 112644 residents.. The poverty rate of Peoria is 19.7%, which is 41% higher than national average. The typical household in Peoria earns $51736 a year, compared to the national median of $67,500. Nearly 48.4% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Peoria remained 9.7%, which is 106% higher than national rate. Nearly 2 times comparable to 4.7% national rate, according to the Census.

Cost of living in Peoria is 87, which is 13% lower than national average. In Peoria, only 34% of adults have a bachelor's degree and 30% have some college but no degree. Median home value in Peoria is $127900 , which is 44% lower than national average. While median income in Peoria remained $51736, which is 23% lower than national average.
Peoria Scorecard

Jobs50%

Housing60%

Affordability80%

Safety60%

Amenities90%

Diversity95%

Education80%

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