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Riverwoods village, Illinois

City

Population: 3,988 (2023 estimate)

Located in Illinois , Illinois

Census Bureau data for Riverwoods village from the American Community Survey. "Cities" in Census data include incorporated places, towns, villages, and census-designated places (CDPs) — all places where the Census collects community-level estimates.

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Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).

Quick Facts — Riverwoods village

What is the median household income in Riverwoods village?
The median household income in Riverwoods village is $243,036 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
What is the poverty rate in Riverwoods village?
The poverty rate in Riverwoods village is 0.0% (U.S. Census Bureau ACS 2023).
What is the median home value in Riverwoods village?
$796,100 (U.S. Census Bureau ACS 2023).
What is the average rent in Riverwoods village?
The median gross rent in Riverwoods village is $3,175 per month (U.S. Census Bureau ACS 2023).
What percentage of Riverwoods village residents have a college degree?
76.4% of adults in Riverwoods village hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
3,988
Median Income
$243,036
Median Home Value
$796,100
Poverty Rate
0.0%
Unemployment (ACS 2023)
0.9%
Median Age
50.0 yrs
Since 2019 Median Income: +$35,848 (+17.3%) Home Value: +$81,600 (+11.4%) Poverty Rate: -4.6 pp (-100%) Bachelor's+: -1.2 pp (-1.5%) Unemployment: -6.4 pp (-87.7%)

Demographics

Total Population 3,988
Median Age 50.0
Female 50.9%
Race & Ethnicity
Hispanic or Latino 5.3% White (non-Hisp.) 83.5% Black 2.6% Asian 6.9% Two or More 1.7% Other 0.6%
Asian Subgroups (% of total pop.)
Chinese
4.4%
Filipino
0.8%
Japanese
0.8%
Korean
0.4%
Hispanic Subgroups (% of total pop.)
Puerto Rican
3.9%
Mexican
0.7%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Income & Poverty

Median Household Income $243,036 ±$32,549
+$161,334 vs. state
Per Capita Income $306,979
Median Family Income $250,001
Poverty Rate 0.0%
-8.2 pp vs. state
Child Poverty Rate 0.0%
Working-Age Poverty Rate
SNAP Recipients 0.4%
Social Security Income
Retirement Income 28.8%
Household Income Distribution
< $10k
0.7%
$15–25k
1.3%
$25–35k
1.5%
$35–50k
3.4%
$50–75k
6.8%
$75–100k
2.1%
$100–150k
8.0%
$150–200k
9.3%
$200k+
66.8%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Housing

Total Housing Units 1,418
Owner-Occupied 96.0%
Renter-Occupied 4.0%
Vacancy Rate 10.8%
Median Home Value $796,100
+$545,600 vs. state
Median Gross Rent $3,175
Owner Cost Burden (30%+) 13.4%
Renter Cost Burden (30%+) 71.0%
Home Value Distribution
< $50k
0.5%
$50–100k
1.1%
$100–200k
1.2%
$200–300k
1.4%
$300–500k
7.6%
$500k–$1M
72.7%
$1M+
15.6%
Vehicle Availability
No vehicle
3.1%
1 vehicle
9.6%
2 vehicles
53.2%
3+
34.2%
Housing Age
Pre-1940
0.1%
1970–1999
14.5%
2000–2009
9.4%
2010+
6.5%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Education

High School or Higher 97.1%
Bachelor's or Higher 76.4%
+39.2 pp vs. state
Graduate Degree 37.7%
Some College / Associate 8.1%
Less Than High School 1.3%
Enrolled in School

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Employment

Labor Force Participation 57.1%
Unemployment Rate 0.9%
-4.9 pp vs. state
Work from Home 29.8%
Self-Employed 4.6%
Government Workers 4.3%
Private For-Profit 90.4%
Industry
Prof. Services
26.3%
Edu/Health
18.0%
Manufacturing
17.9%
Finance
12.8%
Retail
6.5%
Construction
5.5%
Arts/Entmt.
3.9%
Transportation
3.0%
Wholesale
1.0%
Public Admin
0.5%
Information
0.4%
Agriculture
0.1%
Occupation
Management
76.4%
Sales
16.4%
Food Prep
4.8%
Construction
1.2%
Production
1.2%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Commute

Median Travel Time 35.8 min
Drove Alone 61.8%
Carpool 2.4%
Public Transit 4.1%
Work from Home 29.8%
Walked 1.5%
Bicycle

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Households & Families

Total Households 1,265
Avg. Household Size 3.00
Avg. Family Size
Married-Couple Households 80.6%
Single-Mother Households
Single-Father Households
Living Alone
Households with Children 30.4%
Multigenerational

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Age Distribution

Under 5
4.5%
5–9
6.4%
10–14
5.0%
15–19
6.9%
20–24
8.0%
25–34
3.6%
35–44
10.4%
45–54
13.6%
55–64
9.0%
65–74
9.3%
75–84
14.8%
85+
6.5%
Under 18: 21.1% Working age (18–64): 78.9% 65 and over: 23.3%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Social Characteristics

Immigration

Foreign Born 10.1%
Naturalized Citizen 87.6%
Speaks English Less Than Very Well 3.4%
Foreign-Born Origin
Europe
54.1%
Asia
40.0%
Latin America
3.2%
Africa
2.7%

Veterans & Disability

Veteran 2.0%
With a Disability 5.0%
Cognitive Difficulty
Ambulatory Difficulty

Health Insurance

Insured 97.3%
Uninsured 2.7%
Employer Insurance
Medicaid
Medicare

Technology & Mobility

Broadband Internet 95.7%
Has a Computer 97.1%
Same House 1 Year Ago 93.9%
Moved from Abroad 0.2%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

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