Real Estate details: Hoffman estates IL vs Lakeland FL
RE Insights
| Metric | Hoffman estates | Lakeland |
|---|---|---|
| Population | 50,682 | 120,071 |
| Median Home Price | $390,000 | $289,000 |
| Rent | 26% | 45% |
| Own | 74% | 55% |
Real Estate Insights Comparison: Hoffman estates vs Lakeland
- The population in Lakeland is greater at 120,071 compared to 50,682 in Hoffman estates.
- A higher median home price of $390,000 is found in Hoffman estates compared to $289,000 in Lakeland.
- The rent percentage in Lakeland is higher at 45% compared to 26% in Hoffman estates.
- A greater percentage of homeowners in Hoffman estates at 74% compared to 55% in Lakeland.
Environmental Insights
Understanding environmental factors is crucial for assessing the sustainability and quality of life in a city or town. Environmental conditions can vary significantly, influenced by factors such as air quality, green spaces, and local climate. Evaluating these aspects helps in making informed decisions about living and investing in a community.