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Riverwoods, IL

Full City Profile · Illinois · Lake County County

4.0 /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 51.0% income on rent
51°F Avg Temperature 260 sunny days/yr
28 Violent Crime/100K 586 property/100K
A
Overall
4.0 / 5.0
Strong
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
F
Safety
1.0 / 5.0
28 violent crimes/100K
A+
Education
5.0 / 5.0
76.4% bachelor's degree or higher

Riverwoods, IL

At a Glance

Median Income
$243,036
223% above
$112,114 per capita
Home Value
$796,100
182% above
Zillow: $921,696
Median Rent
$3,175/mo
173% above
51.0% of income on rent
Violent Crime
28/100K
93% below
586/100K property
Bachelor's Degree+
76.4%
127% above
97.1% high school+
Unemployment
0.5%
86% below
0.0% poverty rate
Obesity Rate
28.7%
11% below
7.2% smoking rate
Avg Temperature
51°F
260 sunny days/yr

How Riverwoods Compares to the U.S. Average

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

Income
323%
Home Value
282%
Rent
273%
Poverty
0%
Bachelor's
227%
Unemployment
14%
Crime
7%
Thin vertical line = U.S. national average (100%)

Is Riverwoods a Good Place to Live?

A
4.0 / 5.0 — Great
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Riverwoods residents earn a median household income of $243,036 , which is 223% above the national average of $75,149. Per capita income is $112,114. The unemployment rate stands at 0.5% (86% below the U.S. rate of 3.6%). 0.0% 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 Riverwoods is $796,100 , 182% above the national median of $281,900. Zillow estimates the typical home at $921,696. Median rent is $3,175/month, with 51.0% 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 1983.

Safety & Crime

Riverwoods reports 28 violent crimes per 100,000 residents , which is 93% below the national average of 380/100K. Property crime is 586/100K. The murder rate is 0.0/100K.

Education

76.4% of adults in Riverwoods hold a bachelor's degree or higher (127% above the national average). 97.1% have completed high school. Local schools score 6.1/10 in standardized testing.

Climate & Weather

Riverwoods 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

Population3,988
Median Age50.1 yrs
Density1,005/mi²
Male / Female49% / 51%
Foreign Born13.6%
Veterans2.0%

Economy

A+
Median Income$243,036
Per Capita$112,114
Unemployment0.5%
Poverty0.0%
County GDP$82,869M
Avg Weekly Wage$1,751

Housing

A+
Home Value$796,100
Rent$3,175
Ownership96.0%
Zillow$921,696
Housing Units1,469
Rent Burden51.0%

Crime

F
Violent28/100K
Property586/100K
Murder0.0/100K
Assault0/100K
Burglary112/100K

Health

Obesity28.7%
Diabetes7.6%
Smoking7.2%
Heart Disease4.0%
Premature Death5,610/100K

Climate

Avg Temp51°F
Sunny Days260/yr
Rain32.3 in/yr
AQI43 (Good)
Elevation682 ft

Education

A+
Bachelor's+76.4%
High School+97.1%
Graduate+42.0%
School Score6.1/10

Community

2024 VoteR 39% / D 60%
Commute36 min
Broadband95.7%
Internet Speed127 Mbps
EV Stations1
Libraries25

Did You Know?

Riverwoods was founded in 1949.
The median home in Riverwoods was built in 1983.
29.8% work from home.
The nearest airport is Chicago O'Hare International (14 miles).
The Gini coefficient (income inequality) is 0.479 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively High" by FEMA.
5.0% 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.