Community Corner
Oswego Makes List of Best Places to Own a Home in Illinois
Find out what other towns made the list.
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, Oswego is one of the best places to do it.
The village was No. 3 on NerdWallet's list of "Best Places for Home Ownership in Illinois," ranking just behind Huntley and Plainfield.
According to the rankings, NerdWallet looked at three main questions:
- Are homes available?
- Can you afford to live there?
- Is the area growing?
According to NerdWallet:
"Oswego is the largest community in Kendall County and is only getting larger, with a population growth of 9.3% between 2010 and 2012. It has two industrial parks that are ready for development with a third park available for future development. Its largest employer is Caterpillar Inc., a manufacturer of heavy equipment, which employs 3,200 people. It’s also a great place to raise kids, and new residents often say that it was the great schools that drew them in. But they probably also enjoy the fact that they spend only 27.4% of their household incomes on homeowner costs."
Other cities ranking in the top 10 best places to buy homes in Illinois include Romeville, Lockport and Tinley Park.
Click here to view the full rankings.
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