What is the median home price in Urbana?

The median home price in Urbana, Urbana city, Illinois is $175,100, which is 38% below the national average of 281,900 ($281,900).

Urbana, Urbana 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 Walk Score for Urbana?

Urbana, Urbana city, Illinois has a Walk Score of 0 out of 100, classified as "Almost All Errands Require a Car." The national average Walk Score is 48/100. The bike score is 21/100.

What is the median household income in Urbana?

The median household income in Urbana, Urbana city, Illinois is $41,115, which is 45% below the national average of 74,580 ($74,580).

What is the average rent in Urbana?

The median rent in Urbana, Urbana city, Illinois is $1,354 per month. The national average median rent is $1,163/month.

What is the air quality in Urbana?

Urbana, Urbana city, Illinois has an Air Quality Index (AQI) of 43, categorized as "Good." The national average AQI is 42. An AQI under 50 is considered "Good."

What is the population of Urbana?

The population of Urbana, Urbana city, Illinois is approximately 38,741. The homeownership rate is 90.0% (national average: 65.9%).

What are the climate risks in Urbana?

Urbana, Urbana city, Illinois has an overall climate risk rating of "Relatively Moderate" with a risk score of 73.10. This assessment considers hazards such as flooding, wildfire, extreme heat, and severe storms.

Is Urbana affordable?

Urbana, Urbana city, Illinois has an affordability index of 218, which is above the national baseline of 100, indicating relatively affordable housing. The electricity rate is 9.1¢/kWh (national average: 16.6¢/kWh).

What is the unemployment rate in Urbana?

The unemployment rate in Urbana, Urbana city, Illinois is 5.7%. The national average unemployment rate is 3.7%. The poverty rate is 27.7% (national average: 12.4%).

Urbana

Urbana city, Illinois

Affordable

About Urbana

Urbana, Illinois, offers a refreshing alternative to the often-overwhelming pace of larger cities, all while providing a vibrant community feel. Imagine strolling through tree-lined streets where the median home value is a shockingly accessible $175,100, less than half the national average. This affordability is a major draw, allowing residents to enjoy a comfortable lifestyle without the financial strain found elsewhere. The city is known for its welcoming atmosphere and a strong sense of community, making it an ideal place for those seeking a balance of urban amenities and small-town charm.

From an investment perspective, Urbana presents a compelling opportunity. While the median household income of $41,115 is lower than the national average, the cost of living is significantly lower, and the city boasts a relatively stable housing market. This makes Urbana an attractive option for first-time homebuyers or those looking to expand their real estate portfolio. The area is particularly well-suited for students, young professionals, and families seeking a safe, affordable, and engaging environment.

Urbana, Illinois at a Glance

Urbana is a city in Urbana city, Illinois with a population of approximately 38,741. The median home value is $175,100 and the median household income is $41,115. It has a Walk Score of 0 out of 100, indicating car dependency. The violent crime rate is 1.2 per 1,000 residents, which is 67% below the national average. Air quality is rated Good. The overall climate risk is rated as "Relatively Moderate." Median rent is $1,354 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.