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Burbank is a nice up and coming area. Southwest Cook is up and coming. The SW burbs for years were known as grittier and more industrial than other areas, but that's changing. In terms of diversity, it's very diverse, but the entire city is diverse and diversity is a good thing.
Burbank does not have high crime compared to similar suburbs of size and location. I don't know much about the schools in the area, but if you can afford it, Tinley Park (wealthy) is near there and its schools have a good reputation.
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