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NerdWallet rates Berwyn 6th fastest-growing community in Illinois

Published: Wednesday, April 16, 2014 2:58 p.m. CDT • Updated: Friday, July 25, 2014 4:42 a.m. CDT

BERWYN – Consumer finance site NerdWallet crunched the numbers to determine what the 20 fastest growing cities in Illinois were recently.

Berwyn came in sixth.

Between 2009 and 2012, the working-age population surged by 16.1 percent, one of the highest population growth rates on the list, according to the website.

Through a Neighborhood Stabilization Program grant from the state, Berwyn offers homebuyers 10 percent to 30 percent off the appraised value of newly remodeled bungalow-style homes, plus down payment assistance.

Also noted by NerdWallet were new restaurants, a diverse population and the many outdoor activities the city has to offer, plus easy access to downtown Chicago. The top 10 fastest-growing cities in Illinois ranged from suburbs to college towns to regional hubs.

The ratings were determined by measuring growth in the working-age population from 2009 to 2012, evaluating growth in the percentage of employed residents from 2009 to 2012, and calculating growth in the median income for workers from the same period of time.

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