Taking into account the cost of goods and services like housing, groceries, transportation and utilities, the overall cost of living in this area is well below average.
High scores in the housing category are a distinguishing feature of this area, possibly driven by a favorable home affordability ratio, higher home values and appreciation rates.
Based on recent surveys and polls, locals gave high marks in the walkability to local amenities, safety, public transit, friendliness of neighbors and overall sense of community in the area.
The majority of amenities are not ideally located within walking distance. To access these amenities, residents may be required to rely on a vehicle or public transit.
A low commute score could be due to longer-than-average work commutes and the limited availability of public transportation in this area.
The low score in this category could be due to challenges related to air quality and the limited accessibility of health-related facilities like hospitals, nursing homes, doctors and pharmacies.
Richton Park, Illinois is a medium-sized city with a population of 13,381 people. With a population density of 3,047 people per square mile, Richton Park is well above the nation's average density level. According to Census, the majority (87%) of Richton Park residents identify as Black or African American followed by 9% White and 0% Asian. Richton Park is very likely to be a great place to live for singles as only 47%, of the population (over fifteen) are classified as married. When traveling to work, spending unnecessary time in your vehicle is not ideal and downright frustrating. Across all of America, the average one way commute time is 26 minutes, unfortunately, living in Richton Park offers up a higher than average one way commute time of 38 minutes.
Whether you’re moving to a new area to be closer to family, friends or for a new job, living in Richton Park could be a positive experience compared to other cities in Illinois if you know where to search. Don't forget to determine what matters most to you in a neighborhood. Consider factors such as safety, proximity to work or school, access to amenities (like parks, fitness facilities, grocery stores, restaurants), public transportation options, community atmosphere and the overall vibe you're looking for. To help you find the best places to live in and around Richton Park, AreaVibes has created a livability score using key metrics like commute, health & safety, employment and more.
With a livability score of 66 out of 100, Richton Park is ranked #9,834 in the United States and #439 in Illinois. For each of the livability categories, we can establish that Richton Park ranks very well for cost of living (A-), employment (B) and housing (A-). There are some categories that Richton Park does not rank well for, including: amenities (F) and crime (D). It might be worth taking a closer look to figure out why.
Real estate represents the most substantial investment for homebuyers, constituting their most valuable asset. Renters, on the other hand, typically see their monthly rent as their most significant expense. The Richton Park market earns a high score in the housing category, surpassing the national average in factors like home and rental affordability and appreciation rates. This robust real estate market not only benefits individual homeowners and renters but also spurs vigorous local economic activity and job growth, solidifying its significance in driving the region's prosperity and financial well-being.
There are many factors that go into deciding if an area is the right fit for your lifestyle. Certain “must haves” like low crime, great schools and nearby amenities are all at the top of most people's lists. But before even considering if those options are attainable, we'll need to know if the real estate in Richton Park is actually affordable. Median real estate prices in Richton Park come in at $147,200, which is 15.8% lower than the Illinois average. The home price to income ratio compares the median home prices to the median household income. In Richton Park, the home price to income ratio is 2.3, which is 23.3% lower than the Illinois average.
Statistic | Richton Park | Illinois | National |
Average one way commute | 38min | 29min | 26min |
Workers who drive to work | 78.6% | 73.4% | 76.4% |
Workers who carpool | 4.2% | 8.3% | 9.3% |
Workers who take public transit | 8.9% | 9.2% | 5.1% |
Workers who bicycle | 0.0% | 0.6% | 0.6% |
Workers who walk | 0.3% | 3.1% | 2.8% |
Working from home | 4.3% | 4.4% | 4.6% |