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Peoria Metro Area, Illinois 0 Reviews | Leave a Comment



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.


Highlights



Quick Facts About Peoria


    ECONOMY
    The unemployment rate in Peoria Metro Area is 7.00 percent(U.S. avg. is 6.30%). Recent job growth is Positive. Peoria Metro Area jobs have Increased by 1.27 percent.
    COST OF LIVING
    Compared to the rest of the country, Peoria Metro Area's cost of living is 10.60% Lower than the U.S. average.
    POPULATION
    As of 2014, Peoria Metro Area's population is 378,886 people. Since 2000, it has had a population growth of 3.27 percent.
    TRANSPORTATION
    Average Commute time is 20 minutes. The National Average is 25 minutes.
    REAL ESTATE
    The median home cost in Peoria Metro Area is $106,200. Home appreciation the last year has been 0.20 percent.
    SCHOOLS
    Peoria Metro Area public schools spend $11,895 per student. The average school expenditure in the U.S. is $12,435. There are about 16.9 students per teacher in Peoria Metro Area.

Best Places to Live in Peoria, Illinois



Peoria Housing Market


It's a good time to buy in Peoria. Home Appreciataion is up 0.2% in the last 12 months. Browse Peoria Real Estate.
The median home price in Peoria is $106,200. Browse Homes in this Range.
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