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Park Ridge, IL

Full City Profile · Illinois · Lake County County

3.8 /5.0
B+ Good
39,241 Population 5,535/sq mi density
$138,059 Median Income $73,112 per capita
$539,300 Home Value $548,099 Zillow
$1,511 Median Rent 27.9% income on rent
51°F Avg Temperature 260 sunny days/yr
30 Violent Crime/100K 793 property/100K
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.9 / 5.0
$138,059 median income, 2.5% unemployment
A
Affordability
4.5 / 5.0
$539,300 home value, $1,511/mo rent
F
Safety
1.0 / 5.0
30 violent crimes/100K
A+
Education
5.0 / 5.0
65.1% bachelor's degree or higher

Park Ridge, IL

At a Glance

Median Income
$138,059
84% above
$73,112 per capita
Home Value
$539,300
91% above
Zillow: $548,099
Median Rent
$1,511/mo
30% above
27.9% of income on rent
Violent Crime
30/100K
92% below
793/100K property
Bachelor's Degree+
65.1%
93% above
96.8% high school+
Unemployment
2.5%
31% below
2.1% poverty rate
Obesity Rate
24.7%
23% below
7.7% smoking rate
Avg Temperature
51°F
260 sunny days/yr

How Park Ridge Compares to the U.S. Average

Each bar shows Park Ridge's value as a percentage of the national average (100% = U.S. avg)

Income
184%
Home Value
191%
Rent
130%
Poverty
17%
Bachelor's
193%
Unemployment
69%
Crime
8%
Thin vertical line = U.S. national average (100%)

Is Park Ridge a Good Place to Live?

B+
3.8 / 5.0 — Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Park Ridge residents earn a median household income of $138,059 , which is 84% above the national average of $75,149. Per capita income is $73,112. The unemployment rate stands at 2.5% (31% below the U.S. rate of 3.6%). 2.1% of residents live below the poverty line. The area is home to 19,967 business establishments, including 1,607 restaurants.

Housing & Cost of Living

The median home value in Park Ridge is $539,300 , 91% above the national median of $281,900. Zillow estimates the typical home at $548,099. Median rent is $1,511/month, with 27.9% of renters spending more than 30% of income on housing. The cost of living index is 100.0 (100 = national average). The median home was built in 1960.

Safety & Crime

Park Ridge reports 30 violent crimes per 100,000 residents , which is 92% below the national average of 380/100K. Property crime is 793/100K. The murder rate is 2.7/100K.

Education

65.1% of adults in Park Ridge hold a bachelor's degree or higher (93% above the national average). 96.8% have completed high school. Local schools score 6.1/10 in standardized testing.

Climate & Weather

Park Ridge has an average annual temperature of 51°F (10°C). Winters average 25°F in January while summers reach 75°F in July. The area gets 260 sunny days per year. Annual precipitation totals 32.3 inches. Air quality is rated Good with a median AQI of 43.

Data Overview

People

Population39,241
Median Age44.5 yrs
Density5,535/mi²
Male / Female50% / 50%
Foreign Born13.6%
Veterans3.9%

Economy

A+
Median Income$138,059
Per Capita$73,112
Unemployment2.5%
Poverty2.1%
County GDP$82,869M
Avg Weekly Wage$1,751

Housing

A
Home Value$539,300
Rent$1,511
Ownership85.3%
Zillow$548,099
Housing Units16,199
Rent Burden27.9%

Crime

F
Violent30/100K
Property793/100K
Murder2.7/100K
Assault11/100K
Burglary97/100K

Health

Obesity24.7%
Diabetes6.6%
Smoking7.7%
Heart Disease3.7%
Premature Death5,610/100K

Climate

Avg Temp51°F
Sunny Days260/yr
Rain32.3 in/yr
AQI43 (Good)
Elevation653 ft

Education

A+
Bachelor's+65.1%
High School+96.8%
Graduate+26.6%
School Score6.1/10

Community

2024 VoteR 39% / D 60%
Commute28 min
Broadband93.6%
Internet Speed127 Mbps
EV Stations2
Libraries25

Did You Know?

Park Ridge was founded in 1873.
The median home in Park Ridge was built in 1960.
22.0% work from home.
The nearest airport is Chicago O'Hare International (4 miles).
The Gini coefficient (income inequality) is 0.479 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively High" by FEMA.
8.4% of the population has a disability.
13.6% of residents are foreign-born.
Average internet download speed is 127 Mbps.
There are 1,607 restaurants in the area.
The county recorded 55 fatal vehicle crashes.