.

See Which Suburban Towns Top List of Best Places to Own a Home

Written by Shannon Antinori

Home ownership: It's part of the American dream.

And according a study by NerdWallet, if you're going to buy a house in Illinois, Huntley is he best place to do it.

The village was No. 1 on NerdWallet's list of "Best Places for Home Ownership in Illinois." Coming in at No. 2 was Plainfield while Oswego was listed as the No. 3 best place to own a home in the state. 

"With a homeownership rate of 93.5%, Huntley is among the fastest growing communities in the Chicago area and has the highest growth rate on our list," according to Nerdwallet.com

Also making the top ten list was: South Elgin at No. 4, Romeoville at No. 5, Lokcport at No. 6,  Algonquin at No. 7, Bartlett at No. 8, Lake in the Hills at No. 9 and Tinley Park at No. 10, according to Nerdwallet.com. 

According to the rankings, NerdWallet looked at three main questions:
  • Are homes available?
  • Can you afford to live there?
  • Is the area growing?
NerdWallet looked at 121 places in Illinois, and towns were scored based on homeownership rate, selected monthly owner costs, median household income and population change from 2010-12.

Click here to view the full rankings.

Do you agree with the rankings? Let us know in the comments section. 

Boards

More »
Got a question? Something on your mind? Talk to your community, directly.
Note Article
Just a short thought to get the word out quickly about anything in your neighborhood.
Share something with your neighbors.What's on your mind?What's on your mind?Make an announcement, speak your mind, or sell somethingPost something