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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

Income Overview

Median Household Income
$243,036
223% above
US avg: $75,149
Per Capita Income
$112,114
187% above
US avg: $39,052
Unemployment Rate
0.5%
86% below
US avg: 3.6%
Poverty Rate
0.0%
100% below
US avg: 12.4%

Income Comparison: Riverwoods vs. U.S. Average

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

Median Household
US: $75,149
$243,036
323%
Per Capita
US: $39,052
$112,114
287%
IRS Avg AGI
US: $72,000
$143,679
200%
Avg Weekly Wage
US: $1,432
$1,751
122%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,751
22% above US avg ($1,432)
Mean Commute Time
36 min
30% above US avg (28 min)
Work From Home
29.8%
96% above US avg (15.2%)
Drive Alone
61.8%
16% below US avg (73.2%)
Public Transit
4.1%
17% below US avg (5.0%)
County GDP
$82,869M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 61.8%
Public Transit 4.1%
Work From Home 29.8%
Other 4.3%
Average commute time
36 minutes
US avg: 28 min

Business Landscape

Total Establishments
19,967
Restaurants
1,607
Healthcare
2,211
Retail
2,099
Manufacturing
811

Tax & Financial

IRS Avg Adjusted Gross Income
$143,679
100% above US avg ($72,000)
Avg Property Tax
$13,960
299% above US avg ($3,500)
Cost of Living Index
100.0
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$243,036
Per Capita Income$112,114
IRS Avg Adjusted Gross Income$143,679
Avg Weekly Wage$1,751
County GDP$82,869M

Hardship Indicators

Unemployment Rate0.5%
Poverty Rate0.0%
Gini Coefficient0.479
Cost of Living Index100.0

Commute

Mean Commute36 minutes
Drive Alone61.8%
Public Transit4.1%
Work From Home29.8%

Businesses

Total Establishments19,967
Restaurants1,607
Healthcare2,211
Retail2,099
Manufacturing811

Tax

IRS Avg AGI$143,679
Avg Property Tax$13,960