Ever wonder what cities are the best for homeowners in Illinois? ValuePenguin, a personal finance company, recently released its detailed ranking of cities in the Land of Lincoln based on their attractiveness to homeowners. Including 259 cities and villages throughout the state, the list ranking is based on 15 data points from six sources, including the U.S. Census Bureau and the Illinois Department of Revenue. The three major categories considered for the ranking were taxes and insurance, price and jobs and economy. Mahomet in Champaign County ranked in the no. 1 spot for homeowners in Illinois. The rural community is home to 7,730 residents, and its population has been steadily growing since the 90s, according to statistics from the U.S. Census Bureau. The community ranked no. 44 for taxes and insurance, no. 77 for price and no. 74 for jobs and economy. The top five was rounded out with Edwardsville, Morton, Oblong and Effingham. Some of the worst cities for homeowners in...
- Using U.S. Census and Illinois Department of Revenue data, ValuePenguin looked at 15 total sources to determine the overall cost of living in a community, neighborhood safety and home values.
- Mahomet in Champaign County was ranked the best city for homeowners in Illinois, ranking no. 44 for taxes and insurance, no. 77 for price and no. 74 for jobs and economy.
- Other top ranking cities in the state of Illinois include Edwardsville, Morton, Oblong and Effingham.
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