Steger: “affordable as all get out” & staggering potential
The Home of the World’s Finest Piano has made the list of the 11 Most Affordable Chicago Suburbs. The study, which ranks Chicagoland suburbs with populations above 5,000 based on factors such as median home value and percentage of income spent on rent, titles the Village of Steger “Affordable as All Get Out”. With a Cost of Living index of 100, compared to Chicago’s average of 116, Steger ranks 9th on the list.
A median home value of $117,000 makes Steger an even more attractive place to live, especially considering that the median list price of active single family home listings is $99,500.
Great home investments are not all Steger has to offer, however. The Village is using several avenues to investigate the best places to invest as well as how to attract more businesses and grants. In 2015 alone, the Village will undergo a Planning & Priorities study, a Quiet Zone study, and a project to lift current restrictions on the Village’s ability to apply for park grants.
The Village is also investing in its schools. Steger’s District 194 increased instructional spending and operational spending per pupil by 8.0% and 19.8% respectively from 2012 to 2014, and there is more growth to come.
Construction to convert three traditional schools into grade centers commences as students begin 2015’s summer break. Target completion is 2017. And because the district delayed the project until all costs of the newest school, Columbia Central, were paid for, this project will be completed without raising taxes.
The cherries on the pie for all of these great changes happening in Steger? The local Softball teams are current league champions, and the 2015 Steger Days of Music will host world-class entertainment: Ides of March, David Allan Coe, Travis Tritt, and Kashmir.