Riverwoods, IL

Illinois · Metropolitan Area

Riverwoods is a small town in Illinois with a population of 3,988. Residents earn $243,036 per year, which is 223% above the national average.

4.3 /5.0
A Great
3,988 Population 1,005/sq mi density
$243,036 Median Income $112,114 per capita
$796,100 Home Value $921,696 Zillow
$3,175 Median Rent
51°F Avg Temperature
A
Overall
4.3 / 5.0
Great overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$243,036 median income, 0.5% unemployment
A+
Affordability
4.8 / 5.0
$796,100 home value, $3,175/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K (100% below avg)
A+
Education
5.0 / 5.0
76.4% bachelor's degree or higher
Median Income $243,036
223% higher than US avg
Home Value $796,100
182% higher than US avg
Violent Crime 0/100K
100% lower than US avg
Bachelor's+ 76.4%
127% higher than US avg
Median Rent $3,175
173% higher than US avg
Obesity Rate 28.7%
11% lower than US avg
Unemployment 0.5%
86% lower than US avg
Poverty Rate 0.0%
100% lower than US avg

How Riverwoods Compares to the U.S. Average (100% = U.S. avg)

People

Population3,988
Median Age50.1 yrs
Density1,005/mi²
Male / Female49% / 51%
Largest GroupWhite 88%

Economy

A+
Median Income$243,036
Per Capita$112,114
Unemployment0.5%
Poverty0.0%
County GDP$82,869M
Commute36 min

Housing

A+
Home Value$796,100
Rent$3,175
OwnershipN/A
Zillow$921,696

Crime

C+
Violent0/100K
Property602/100K
Murder0.0/100K
Assault0/100K
Burglary219/100K

Health

Obesity28.7%
UninsuredN/A
Depression19.4%
Heart Disease4.0%

Climate

Avg Temp51°F
AQI43 (Good)
Rain32.3 in/yr
Elevation682 ft

Education

A+
Bachelor's+76.4%
High School+97.1%
School Score5.34

Community

2024 VoteR 39% / D 60%
Commute36 min
Libraries25

Is Riverwoods a Good Place to Live?

Based on current data, Riverwoods receives an overall livability score of 4.3 out of 5.0, earning a grade of A. Key strengths include above-average household incomes, low unemployment, low crime rates, a highly educated population. Areas to be aware of include high housing costs, long commute times. Riverwoods stands out as an excellent place to live, with strong marks across most quality-of-life indicators.

Economy & Jobs

The median household income in Riverwoods is $243,036, which is significantly higher than the national average — 223% above $75,149. This places Riverwoods among higher-income communities. The job market is very strong with unemployment at just 0.5%. Only 0.0% of residents live below the poverty line, well below the national rate of 12.4%. Workers commute an average of 36 minutes, longer than the typical American commute of 28 minutes.

Cost of Living & Housing

The median home value in Riverwoods is $796,100, making it a premium housing market at 182% above the U.S. median of $281,900. Renters pay a median of $3,175 per month, significantly above the national average of $1,163. A price-to-income ratio of 3.3x indicates a reasonably affordable housing market.

Safety & Crime

Riverwoods is a very safe community with a violent crime rate of 0 per 100,000 residents — well below the national average of 380. Property crime occurs at a rate of 602 per 100,000, 69% below the national average.

Education

Riverwoods is a highly educated community — 76.4% of adults hold a bachelor's degree or higher, well above the national average of 33.7%. 97.1% have completed high school. Area schools have an average test score of 5.3/10.

Climate & Weather

Riverwoods experiences four distinct seasons with an average temperature of 51°F. Winters average 25°F in January while summers reach 75°F in July. Annual precipitation totals 32.3 inches. Air quality is rated Good with a median AQI of 43.

Riverwoods has a population of 3,988 with a density of 1,005 people per square mile. The median age is 50.1 years, 29% older than the national median of 38.9. The city is predominantly White (88.2%), with 2.6% Black.

Population

3,988
Total Population
1,005
People / sq mi
50.1yrs
Median Age
29% above US avg
4.0mi²
Land Area

Gender Distribution

Male 49.1%
Female 50.9%

Race & Ethnicity

Riverwoods vs U.S. Average

Language Spoken at Home

English Only87.8%
12% above US avg
Spanish12.2%
9% below US avg

Social Characteristics

Riverwoods vs U.S. Average

The median household income in Riverwoods is $243,036, which is 223% above the national average of $75,149. The unemployment rate is 0.5% (below the 3.6% US average). 0.0% of residents live below the poverty line. Workers commute an average of 36 minutes.

Income: Riverwoods vs U.S.

Commute Mode

Income

Median HH Income$243,036
223% above US avg
Per Capita Income$112,114
Avg Weekly Wage$1,751
IRS Avg AGI$143,679

Employment & Poverty

Unemployment0.5%
86% below US avg
Poverty Rate0.0%
100% below US avg
Establishments (County)19,967
County GDP$82,869M

Business (County)

Restaurants1,607
Healthcare2,211
Retail2,099
Manufacturing811

Tax & Cost of Living

Property Tax (IRS)$13,960
299% above US avg
Effective Tax Rate1.75%

Commute & Transportation

Commute Time35.8 min
Work from Home29.8%

Walkability

The median home value in Riverwoods is $796,100, 182% above the national average. Monthly rent averages $3,175 (173% above US avg). Zillow estimates the typical home value at $921,696.

Home Value Sources

Ownership Split

Home Values

Census Median$796,100
182% above US avg
Zillow ZHVI$921,696
Median List Price$924,900

Real Estate Market (Redfin)

Median List Price$924,900
$/Sq Ft$262
Homes Sold2
Sale-to-List Ratio100.0%
Price Drops0.0%
Inventory5

Rental Costs

Census Median Rent$3,175
173% above US avg

HUD Fair Market Rent

Studio$774
1 Bedroom$854
2 Bedrooms$1,063
3 Bedrooms$1,370
4 Bedrooms$1,561

Ownership & Property

Owner-Occupied96.0%

Property Tax

Avg Tax (IRS)$13,960
299% above US avg
Effective Rate1.75%
In Riverwoods, 28.7% of adults are obese (below the 32.1% national rate). 19.4% report depression. 13.0% are physically inactive.

Health Metrics: Riverwoods vs U.S. Average (%)

Chronic Conditions

Obesity28.7%
11% below US avg
Diabetes7.6%
Heart Disease4.0%
High Blood Pressure26.6%
Asthma8.9%
COPD3.7%
Stroke2.0%

Behaviors & Mental Health

Binge Drinking18.4%
Physical Inactivity13.0%
Depression19.4%
Mental Distress13.1%
Physical Distress8.2%

Healthcare Access

Insurance Rate96.0%
Checkup Rate76.3%
Premature Death5,610/100K

Food & Exercise

Food Environment8.7/10
Exercise Access98.2%
Healthcare Facilities2,211
Riverwoods has a violent crime rate of 0 per 100,000 residents, 100% below the national average of 380. Property crime stands at 602 per 100,000 (69% below US avg). The murder rate is 0.0 per 100,000.

Crime Rates: Riverwoods vs U.S. Average (per 100,000)

Violent Crime

Total Violent0.0/100K
100% below US avg
Murder0.0/100K
100% below US avg
Rape0.0/100K
Robbery0.0/100K
Assault0.0/100K

Property Crime

Total Property602.1/100K
69% below US avg
Burglary218.9/100K
Theft383.1/100K
Vehicle Theft0.0/100K
Arson0.0/100K

Traffic Safety

Fatal Crashes (County/yr)55

Safety Score

Safety GradeC+
Safety Score2.5 / 5.0
Riverwoods has an average annual temperature of 51°F (10°C). Winters average 25°F in January while summers reach 75°F in July. Annual precipitation is 32.3 inches. Air quality is rated Good with a median AQI of 43.

Temperature

25°F Jan (-4°C) 75°F Jul (24°C)
Annual Average50.8°F
6% below US avg
January Average25°F (-4°C)
July Average75°F (24°C)

Precipitation & Snow

Annual Rainfall32.3 inches
15% below US avg

Air Quality

AQI Median43.0
RatingGood

Geography

Elevation682 ft (208 m)
Area4.0 sq mi (10.3 km²)
Population Density1,005/sq mi
Coordinates42.1729°N, 87.8949°W
County FIPS17097
It is classified as Metro — 1 million+. 76.4% of residents hold a bachelor's degree or higher (127% above US avg). In the 2024 election, the county voted Democrat by a 20.8-point margin.

2024 Presidential Election (County)

R 38.9%
D 59.7%

Winner: Democrat by 20.8 points

Education

Bachelor's Degree+76.4%
127% above US avg
High School+97.1%
School Test Score5.34
A+ Education Grade (5.0/5.0)

Urban-Rural Classification

RUCC Code 1Metro — 1 million+
Population Density1,005/sq mi
Total Area4.0 sq mi

Infrastructure & Services

Alt Fuel Stations1
Public Libraries25
Healthcare Facilities2,211
Restaurants1,607
Retail Stores2,099

Safety & Disasters

Fatal Crashes (County/yr)55
C+ Safety Grade (2.5/5.0)

Commute & Transportation

Avg Commute35.8 min
Work from Home29.8%

Nearby Cities

Compare Riverwoods with another city: