AdvisorSmith, an information resource for small business owners, has named Danville the most affordable small city out of 507 markets that the company studied.
The firm used information collected from real estate website Zillow and the U.S. Census Bureau’s American Community Survey to estimate the weighted average housing price in each city.
Decatur was ranked as the fourth most affordable small city in the country. Peoria came in at number 15, and Springfield was ranked 22nd on the list.
The weighted average home price in Danville is $67,527.
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