Lakemoor 71 Excellent
Lakemoor Livability #304 ranked city in Illinois#6,079 ranked city in the USARanks better than 79% of areas

Pros and Cons of Living in Lakemoor

PROS
  • Crime

    This area is characterized by a crime rate, per 100,000 individuals, that falls well below the national average, indicating its potential as a very safe place to live.

  • Employment

    This area scores extremely well in the employment category. This is primarily due to the combination of low unemployment rates, higher median home income and income per capita.

  • Housing

    The housing category in this area boasts higher than average scores, likely influenced by a positive home affordability ratio, robust appreciation rates or elevated home values.

  • Health & Safety

    Earning a high health and safety score depends on factors such as good air quality and the availability of essential health facilities like hospitals, clinics, doctors, and fire stations.

  • Ratings

    Local residents have positive feedback regarding the convenience of amenities, parks, public transit, the friendliness of neighbors, the strong sense of community, and the overall safety of the area.

CONS
  • Amenities

    It appears that many amenities may not be conveniently situated within walking distance, potentially necessitating the use of a vehicle or public transit.

  • Commute

    Commuters in this area may experience longer-than-average work commute times due to limited public transportation access.

  • Schools

    Factors such as lower than average graduation rates, lackluster reading and math scores and the limited accessibility of local elementary and high schools could contribute to the low schools score.

New Real Estate Listings in Lakemoor Area
Search Homes for Sale in Lakemoor, IL

What's it like Living in Lakemoor?

Lakemoor is a smaller city located in the state of Illinois. The city has a population of 5,820 residents. If we take a look at the last Census, the vast majority of the population falls within one racial group (92% White). Given that fact, Lakemoor could be considered less diverse than other cities. Long, unnecessary commutes can be both frustrating and inconvenient when heading to work. Nationwide, the average one-way commute time takes 26 minutes, but regrettably, residing in Lakemoor entails a longer-than-average one-way commute time, averaging 32 minutes.

If you’re considering relocating to any new city, it could be a very intimidating task. However, it could also be a great experience if you are willing to get to know the town before actually living in Lakemoor, Illinois. When searching for a new neighborhood, several key items should be considered. Safety is of utmost importance, ensuring a secure environment with low crime. Proximity to your workplace or school helps reduce commuting time and offers convenience. Access to amenities such as parks, grocery stores, and healthcare facilities enhances your daily life. Public transportation options contribute to easy mobility. A sense of community fosters a supportive and engaging environment. Lastly, the overall atmosphere should align with your desired lifestyle, ensuring a fulfilling living experience. Considering these items will guide you towards finding the perfect neighborhood that fits all your needs. To help you find the best places to live in and around Lakemoor, AreaVibes has created a livability score using key metrics like amenities, cost of living, education, employment and more.

Using data and statistics Lakemoor has received a livability score of 70/100. This score is ranked in the 79th percentile when compared to all other cities. If we probe a little deeper into each category within the livability score, we see that Lakemoor has higher than average grades for the following: crime (A+), employment (A+) and housing (A+). Regrettably for Lakemoor, there are some categories for which it does not score well, this includes: amenities (F) and education (D-).

Low rates of violent crime, encompassing offenses such as murder, rape, robbery and assault, contribute significantly to a safer living environment. This reduction in crime minimizes the chances of personal harm, property theft, or violent incidents. Furthermore, low crime rates can have a positive impact on property values and the overall desirability of an area. There were 80 crimes per 100,000 residents, which signifies that Lakemoor boasts an impressively low violent crime rate that falls well below the national average.

The Lakemoor unemployment rate of 1.88% has continued to decrease over the years and is now well below the national average. The result could lead to reduced poverty and inequality in the area, higher wages and increased economic growth. This is a positive sign in the overall health of the local economy.

A robust real estate market serves as a crucial economic indicator, reflecting the local area's strength, stability and the confidence of its residents. Lakemoor excels in the housing sector, scoring high marks based on factors such as median home and rental prices, appreciation rates and home affordability. These calculations suggest that the apartment rental and real estate market in the region is exceptionally healthy, highlighting the area's economic vitality and attractiveness to potential homebuyers and renters.

Being close to public transit, grocery stores, parks and other conveniences are all important when weighing your options for a new home in Lakemoor. Before you determine if any of these amenities are available in the area, you will also want to know if the real estate prices in Lakemoor are affordable. Median real estate prices in Lakemoor come in at $202,200, which is 15.7% higher than the Illinois average. The home price to income ratio compares the median home prices to the median household income. In Lakemoor, the home price to income ratio is 2.5, which is 16.7% lower than the Illinois average.

Best Places to Live in and Around Lakemoor

See all the best places to live around Lakemoor

How Do You Rate The Livability In Lakemoor?

1. Select a livability score between 1-100
0
Awful
25
Poor
50
Average
75
Good
100
Great
2. Select any tags that apply to this area
View results

Compare Lakemoor, IL Livability

      vs

      Lakemoor transportation information

      Statistic Lakemoor Illinois National
      Average one way commute32min29min26min
      Workers who drive to work90.1%73.4%76.4%
      Workers who carpool2.1%8.3%9.3%
      Workers who take public transit0.5%9.2%5.1%
      Workers who bicycle0.0%0.6%0.6%
      Workers who walk0.0%3.1%2.8%
      Working from home5.9%4.4%4.6%
      Source: The Lakemoor, IL data and statistics displayed above are derived from the United States Census Bureau American Community Survey (ACS).