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Old 11-25-2023, 06:34 PM
47 posts, read 82,832 times
Reputation: 80


I noticed on Mod cut. that Carbondale was given a D. Unfortunately, there's no information on the metrics used Does anyone know why Carbondale Housing stock gets so lowly rated? Tia to all who reply.

Last edited by PJSaturn; 01-12-2024 at 12:05 PM.. Reason: Company name deleted.
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Old 11-26-2023, 09:06 AM
97 posts, read 432,573 times
Reputation: 225
I don't see a D grade on any of their 12 categories.
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Old 11-26-2023, 11:55 AM
Location: Baker City, Oregon
5,456 posts, read 8,169,998 times
Reputation: 11603
It would help if you posted a link to what you are talking about.
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Old 11-30-2023, 04:41 PM
1,130 posts, read 2,023,962 times
Reputation: 878
I took a cursory look for any explanation of the methodology of the housing score and didn't find anything. I pulled up a bunch of other towns in Central IL that I'm familiar with, and looked at the Housing scores. All were higher than Carbondale. What did stand out to me was that Carbondale had the highest rent : own ratio in the "Real Estate" section. While I think there's more behind the letter score than that ratio, I noticed a pretty strong correlation.
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Old 12-09-2023, 11:52 PM
1 posts, read 1,866 times
Reputation: 10
Looking at Mod cut. methodology at the link below, I see some things causing the low housing grade.

The median home value ($117,000) is 4.78 times higher than the median household income ($24,452). The median rent ($726/mo) is 36% of the monthly median gross income. Niche shows that 73% of housing is renter-occupied and 27% owner-occupied. The places on the Niche Best Places list have much higher owner-occupied housing percentages than Carbondale.

Statistically, there is a lot of violent crime and property crime in Carbondale.

The local public schools receive low grades on the Illinois Report Cards.

Mod cut.

Last edited by PJSaturn; 01-12-2024 at 12:06 PM.. Reason: C-D competitor website.
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