The Nest
NestApple's Real Estate Blog

Featuring real estate articles and information to help real estate buyers and sellers. The Nest features writings from Georges Benoliel and other real estate professionals. Georges is the Co-Founder of NestApple and has been working as an active real estate investor for over a decade.

Is Elmhurst A Good Place To Live? (2024)

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Elmhurst, Illinois, is a vibrant suburb of Chicago. It blends city and suburban life, which may suit families, young professionals, and retirees. Situated near major transportation routes, Elmhurst attracts people who want a quieter place to live. It still offers easy access to nearby city amenities. The city has about 46,000 residents. Many are well educated. A large share holds bachelor’s or advanced degrees. This shows a strong focus on education and career growth.

Geographic and Demographic Overview

Elmhurst, Illinois, is located in both DuPage and Cook counties. It offers a unique blend of geographic and demographic characteristics that contribute to its appeal as a residential area.elmhurst Geographically, Elmhurst covers a total area of 10.28 square miles. Most of the area is land, indicating substantial urban spread with few significant water bodies. 

The city is near major urban centers like Chicago. This improves travel and access.It appeals to residents who want suburban life with easy access to city amenities. Demographically, Elmhurst had about 45,272 people in 2022, showing a slight decline in recent years. 

The community has high educational attainment. About 63.6% of adults have a bachelor’s degree or higher. That is well above the national average.  This educational environment is supported by a relatively affluent community, with a median household income considerably higher than state and national figures. 

The racial composition is predominantly White. However, the city also includes many Asian, Hispanic, and other racial groups. They add to the city’s rich culture. The city’s residents enjoy a high quality of life. Poverty rates are low, and most people live in owner-occupied homes. This reflects a stable and prosperous community.

Economic Factors

Elmhurst, Illinois, stands out as a hub of economic growth in DuPage County. It sits sixteen miles west of Chicago. It is also close to major transportation hubs like O’Hare and Midway Airports.

This proximity to Chicago provides businesses in Elmhurst with significant logistical advantages, enabling easy access to a large metropolitan market. The city has invested heavily in economic development. Since 2015, it has spent over $154 million. This spending helps new and existing businesses grow. 

Various business incentives, like TIF Districts and facade grants, have supported these investments. They have helped attract and retain businesses.  Moreover, Elmhurst has a strong local economy and a higher cost of living than the national average. Healthcare and housing costs are especially high. 

This economic vibrancy matches the city’s demographic appeal. Elmhurst has a well-educated workforce. More than 63.6% of adults hold at least a bachelor’s degree. Numerous business districts and an active Chamber of Commerce enrich the city’s economy. This makes it attractive to many industries.

Housing and Real Estate in Elmhurst

The housing and real estate market in Elmhurst, Illinois, offers a wide range of properties. It reflects Elmhurst’s role as a popular suburb in the Chicago area. Recent listings show that homes in Elmhurst range in price and style, from classic bungalows to expansive new construction

For instance, median listing prices in the area are notably high, reflecting the city’s appeal. Homes like a five-bedroom expanded Tudor in the heart of Elmhurst list for about $1,299,000.They offer luxury finishes and large living areas.

Real estate in Elmhurst works for many family sizes and budgets. Homes range from small, affordable options to large, luxury ones.

For example, a relatively modest three-bedroom home can be found listed at prices like $589,900. It indicates a solid market for mid-sized homes suitable for growing families or professionals seeking more space. 

Overall, the real estate market in Elmhurst is active and offers many options for homebuyers. It suits first-time buyers and people seeking premium investment properties.

Elmhurst Education System

The education system in Elmhurst, Illinois, is highly regarded for its strong performance and comprehensive curriculum. Elmhurst Community Unit School District 205 runs many schools, from early childhood centers to high schools. All focus on a safe, supportive, and challenging learning environment. 

For example, York Community High School and several elementary and middle schools form the backbone of this district. Fischer and Bryan Middle Schools are part of this group. Each school supports the goal of lifelong learning and responsible citizenship for students.

Elmhurst University supports the local public schools. It offers undergraduate and graduate programs. These programs prepare students for careers in education, health care, business, and technology.

The university is known for inclusive education programs, like the Elmhurst Learning and Success Academy (ELSA).ELSA is designed for young adults with differing abilities. It focuses on life skills and strategies for independent living.

The university is particularly noted for its campus security and inclusive educational programs, such as the Elmhurst Learning and Success Academy (ELSA), designed for young adults with differing abilities and focusing on life skills and independent living strategies.

Furthermore, the university offers advanced degree programs and certifications that match current professional needs. Graduates are well prepared for today’s job market.

Safety and Crime Rates in Elmhurst

Elmhurst, Illinois, boasts a notably low crime rate, making it one of the safer communities in the country. The overall crime rate in Elmhurst is significantly lower than the national average, with violent crimes sporadic. 

For instance, in Elmhurst, the chance of being a victim of violent crime is about one in 1,741. This rate is much lower than in many similar-sized cities.

The property crime rate is also lower than average, with the chance of becoming a victim of about 1 in 423. This safety is reflected in comparative data, where Elmhurst ranks above 72% of cities in the United States. 

This relative safety is supported by Elmhurst’s measures and effective local law enforcement. Despite its low crime rates, Elmhurst has areas with varying safety levels, as in any city. Crime rates can also change slightly year to year. Nevertheless, maintaining a safe environment makes it attractive for families and businesses.

Transportation and Accessibility

Elmhurst, Illinois, has a strong transportation network that improves access and serves residents and visitors. The Metra rail system, specifically the Union Pacific West Line, serves the city. This line connects Elmhurst to downtown Chicago and other suburban areas, making it convenient for commuters. 

The station at Elmhurst has ample parking and is accessible, catering to all individuals, including those with disabilities. Additionally, Elmhurst promotes alternative transport options such as the Explore Elmhurst Express Trolley. This service enhances the city’s accessibility and provides a unique way to explore the area.

It operates seasonally, offering free rides around crucial city locations. This supports local tourism and gives residents a convenient way to get around during events and busy times.

Elmhurst aims to provide diverse transportation services that support a dynamic and accessible community environment.

Conclusion

In summary, Elmhurst, Illinois, offers great schools, strong safety, and steady economic growth. It also has an active community life, making it a great place to live for many.

Whether you seek a safe, family-friendly neighborhood or a dynamic suburban community with the amenities of urban life, Elmhurst will likely meet your expectations and offer a balanced, fulfilling living experience. 

Thus, the answer is yes for those wondering if Elmhurst is a good place to live. It is an excellent choice for potential homeowners and renters.

If you are considering a move to Elmhurst, it’s wise to hire a reputable moving company in Elmhurst to guide you through the transition to this vibrant city and ensure a smooth, well-organized move.



Written By: Georges Benoliel

Georges has been working in Wall Street for the last 16 years trading derivatives with hedge funds. He has been an active real estate investor for over a decade. Georges graduated from HEC Business School in Paris and holds a master in Finance from ESADE Barcelona.

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