Peoria is a mid-sized city in IL with a population of 118,661 residents. With a median home price of $297,231 (15% below the national median) and median household income of $73,194, Peoria is considered moderately affordable with a price-to-income ratio of 4.1x.
The real estate market in Peoria features a median home price of $297,231, which is 15% lower than the U.S. national median of $350,000. Monthly rent averages $1,238, 17% below the national average.
Peoria has a diverse population that represents a wide range of backgrounds, ages, and household types contributing to the city's vibrant community.
Peoria offers a median household income of $73,194, which is 5% higher than the national median of $70,000. Residents spend approximately 20% of their income on rent annually, which is within the recommended 30% threshold.
Understanding the climate of Peoria is important for those considering relocating. Weather patterns affect daily life, activities, and overall comfort.
See how Peoria compares to other popular destinations. Compare cost of living, housing prices, and quality of life.
The median home price in Peoria is $297,231, with average monthly rent of $1,238. The median household income is $73,194, giving the city a price-to-income ratio of 4.1x.
Peoria has moderate affordability with a price-to-income ratio of 4.1x, close to the national average.
Peoria has a population of 118,661 residents, making it the #419 largest city in the United States.
Peoria has a violent crime rate of 345 per 100,000 residents, which is below the national average. The property crime rate is 1393 per 100,000 residents.
Estates is a comprehensive cost of living comparison platform that helps you compare cities across the United States. We provide data on housing prices, rent, income, crime rates, demographics, and climate to help you make informed relocation decisions. Our data comes from trusted sources including Zillow, the U.S. Census Bureau, FBI, and NOAA.
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