What is the median home price in Pekin?

The median home price in Pekin, Pekin city, Illinois is $114,700, which is 59% below the national average of 281,900 ($281,900).

Pekin, Pekin city, Illinois has a violent crime rate of 1.2 per 1,000 residents, which is 67% below the national average, making it relatively safe. The national average is 3.6 per 1,000 residents. The property crime rate is 3.7 per 1,000 residents.

What is the median household income in Pekin?

The median household income in Pekin, Pekin city, Illinois is $52,507, which is 30% below the national average of 74,580 ($74,580).

What is the average rent in Pekin?

The median rent in Pekin, Pekin city, Illinois is $736 per month. The national average median rent is $1,163/month.

What is the population of Pekin?

The population of Pekin, Pekin city, Illinois is approximately 32,075. The homeownership rate is 65.6% (national average: 65.9%).

What is the unemployment rate in Pekin?

The unemployment rate in Pekin, Pekin city, Illinois is 6.6%. The national average unemployment rate is 3.7%. The poverty rate is 14.8% (national average: 12.4%).

Pekin

Pekin city, Illinois

Affordable

About Pekin

Alright, let's talk Pekin, Illinois. This is your chance to step into a community where the cost of living is refreshingly manageable. Imagine owning a home for a median value of just $114,700 – a stark contrast to the national average. That kind of affordability opens doors for a comfortable lifestyle, letting you focus on what truly matters. Pekin offers a friendly, down-to-earth vibe, perfect for those seeking a place to put down roots without the financial strain of a major metropolitan area.

From an investment perspective, Pekin presents a compelling opportunity. While the median household income sits at $52,507, the low home prices mean your dollar goes much further here. The city's charm and safety make it an excellent choice for families and those looking for a quieter pace of life. It's a place where you can build equity without breaking the bank, and enjoy the simple pleasures of community living.

Pekin, Illinois at a Glance

Pekin is a city in Pekin city, Illinois with a population of approximately 32,075. The median home value is $114,700 and the median household income is $52,507.. The violent crime rate is 1.2 per 1,000 residents, which is 67% below the national average.. Median rent is $736 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.