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Peoria, Illinois 18 Reviews | Leave a Comment  Add Favorite




Pros

-Cost of living
-Healthcare
-Attractive residential areas

Cons

-Economic cycles
-Entertainment
-Air service


What Bert Has To Say About Peoria Metro Area


Peoria is a pleasant, small community that is one of the oldest cities in the state. It is a business, industrial, and agricultural center known as the headquarters for Caterpillar, Inc. and the heavy-equipment industry. It is also home to the United States Agricultural Research Laboratory. Consistent with its mainstream Midwestern stereotype, life in Peoria is generally quiet. Downtown is clean and unremarkable but has some new entertainment venues, including a new museum center, civic center and high-rise residential units. The Illinois River waterfront is nice, and attractive older residential areas surround the city in the nearby hills.



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Highlights



Quick Facts About Peoria


    ECONOMY
    The unemployment rate in Peoria is 7.00 percent(U.S. avg. is 5.20%). Recent job growth is Negative. Peoria jobs have Decreased by 0.31 percent.
    COST OF LIVING
    Compared to the rest of the country, Peoria's cost of living is 16.10% Lower than the U.S. average.
    POPULATION
    As of 2014, Peoria's population is 115,070 people. Since 2000, it has had a population growth of 1.38 percent.
    TRANSPORTATION
    Average Commute time is 23 minutes. The National Average is 26 minutes.
    REAL ESTATE
    The median home cost in Peoria is $89,600. Home appreciation the last year has been -2.04 percent.
    SCHOOLS
    Peoria public schools spend $14,043 per student. The average school expenditure in the U.S. is $12,383. There are about 13 students per teacher in Peoria.

Best Places to Live in Peoria, Illinois



Peoria Housing Market


It's not a good time to buy in Peoria. Home Appreciation is down -2.0% in the last 12 months. Browse Peoria Real Estate.
The median home price in Peoria is $89,600. Browse Homes in this Range.
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Comments


Peoria is...
The City of Peoria is a river town. It is located in the Illinois River Valley on the banks of the Illinois River - a deep channel commercial shipping lane this is also... (read more)
Peoria, Illinois
Small town living is the truth here in Peoria. Not too quick to move forward, Peoria is a nice place to raise a family. The anchor here is Caterpillar, which employs a... (read more)
Peoria - Pros/Cons
Pros: 1. Low cost of living and housing 2. Affordable place to live 3. Diverse economy 4. Good school system 5. Home to Bradley University and Caterpillar... (read more)
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