Is Riverwood a Good Place to Live?
Based on current data, Riverwood receives an overall livability score of 5.0 out of 5.0, earning a grade of A+. Key strengths include above-average household incomes, low unemployment, a highly educated population, a low poverty rate. Areas to be aware of include high housing costs. Riverwood stands out as an excellent place to live, with strong marks across most quality-of-life indicators.
Economy & Jobs
The median household income in Riverwood is $250,001, which is significantly higher than the national average — 233% above $75,149. This places Riverwood among higher-income communities. The job market is very strong with unemployment at just 1.9%. Only 0.6% of residents live below the poverty line, well below the national rate of 12.4%. Workers commute an average of 19 minutes, shorter than most U.S. cities.
Cost of Living & Housing
The median home value in Riverwood is $615,500, making it a premium housing market at 118% above the U.S. median of $281,900. At just 2.5x median income, home prices are very affordable relative to local earnings.
Education
Riverwood is a highly educated community — 85.5% of adults hold a bachelor's degree or higher, well above the national average of 33.7%. 99.7% have completed high school. Area schools have an average test score of 5.5/10.
Climate & Weather
Riverwood enjoys a moderate climate with an average annual temperature of 58°F. Winters average 35°F in January while summers reach 79°F in July. Annual precipitation totals 48.1 inches. Air quality is rated Good with a median AQI of 41.