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CITY · 2020 ACS

Riverwoods

Illinois · 3,790 residents · 3.967 sq mi
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The short version

Riverwoods is significantly wealthier than the US average, with a median household income of $231,477. Population has held roughly steady since 2000. 79% of adults hold a bachelor's degree or higher, well above the national rate of 33%. Median home value is $720,700. With a median age of 48.9, the population is older than the US median of 38.8. Households here earn about 238% more than the Illinois median.

At a glance
Wealthier
above the US median
US median: $66,278
Older
median age 48.9
US median: 38.8
More educated
79% hold a bachelor's degree
US average: 33%
More affordable
home values down 7%, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
3,790
−1%since 2000
from 3,843 in 2000
1990 – 2025
Population density
955 / sq mi
−1%since 2000
from 969 / sq mi in 2000
US average: 280
Median age
48.9
+14%since 2000
from 43.0 in 2000
US average: 38.8
Population, 1990 – 2024
3K3K4K4K5K1990201020202024Riverwoods
20244K
1990201020202024
Section 02

Income & economy

Median household income
$231,477
−3%inflation adjusted, since 2000
from $158,990 in 2000
US average: $66,278
1990 – 2024
Per capita income
$93,770
+38%since 2000
from $67,878 in 2000
US average: $35,364
Households earning $100K+
83.6%
+6.9 ptssince 2009
from 76.7% in 2009
US average: 43.9%
Poverty rate
7.9%
+4.7 ptssince 2000
from 3.2% in 2000
US average: 12.8%
Workforce by industry, 2020
Other services13.7%
US avg: 6.6%
Public administration9.4%
US avg: 4.7%
Retail trade8.8%
US avg: 10%
Information7.3%
US avg: 11.1%
Transportation & warehousing4.4%
US avg: 2.5%
Wholesale trade4.1%
US avg: 6.7%
Arts, entertainment, food2.4%
US avg: 2%
Finance & insurance0.8%
US avg: 5.5%
Professional, scientific, technical0.8%
US avg: 4.7%
Agriculture, forestry, fishing0%
US avg: 1.7%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.5%
Education & health services0%
US avg: 0.8%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$720,700
−7%inflation adjusted, since 2000
from $518,100 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$2,639
+175%inflation adjusted, since 2000
from $639 in 2000
US average: $1,124
Owner-occupied
95.2%
−1.9 ptssince 2000
from 97.1% in 2000
4.8% rent
Afford Score
3.1
−4%since 2000
from 3.3 in 2000
1990 – 2024
RELATED:See current rent listings in Riverwoods on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic92.6%(3,560)
Black0.4%(14)
Hispanic / Latino2%(76)
Asian4.4%(170)
Other0%
Diversity Score16.1%(620)
2020
White, non-Hispanic82.9%(3,142)
Black0.5%(20)
Hispanic / Latino3.6%(137)
Asian9.3%(351)
Other0%(0)
Diversity Score31%(1,176)
Diversity Score
31
+92%since 2000
from 16 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
78.9%
+13.3 ptssince 2000
from 65.6% in 2000
US average: 32.9%
High school or higher
97.1%
+2.7 ptssince 2000
from 94.4% in 2000
US average: 88.5%
Graduate degree
42.0%
+13.5 ptssince 2000
from 28.6% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
34.0 min
+46%since 2000
from 23.3 min in 2000
US average: 26.9
Drive alone to work
70.5%
−7.8 ptssince 2009
from 78.3% in 2009
US average: 75.1%
No vehicle available
2.2%
+2.2 ptssince 2009
from 0.0% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
4.8%
−3.6 ptssince 2011
from 8.4% in 2011
US average: 5.4%
Labor force participation
60.4%
−2.1 ptssince 2011
from 62.4% in 2011
US average: 63.4%
Management & professional
71.8%
−4.5 ptssince 2009
from 76.2% in 2009
US average: 39.3%
Section 08

People & community

Male
50.4%
+4.3 ptssince 2009
from 46.1% in 2009
Female
49.6%
−4.3 ptssince 2009
from 53.9% in 2009
Foreign born
10.8%
−2.7 ptssince 2009
from 13.5% in 2009
US average: 13.5%
Uninsured
3.7%
−92.8 ptssince 2013
from 96.5% in 2013
US average: 8.8%
Drill deeper

Places similar to Riverwoods

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Pop 6,960
Oakland
Pop 3,774
Lake Clarke Shores
Pop 3,597
Greenville
Pop 3,713
Places similar to Riverwoods
Head to head

Compare Riverwoods to nearby cities

RIVERWOODS VS
Deerfield
Income$181,660−22%
Home value$623,400−14%
Population19,642+422%
SEE FULL COMPARISON →
RIVERWOODS VS
Wheeling
Income$85,205−63%
Home value$266,200−63%
Population38,391+919%
SEE FULL COMPARISON →
RIVERWOODS VS
Buffalo Grove
Income$129,395−44%
Home value$412,300−43%
Population42,812+1037%
SEE FULL COMPARISON →
RIVERWOODS VS
Northbrook
Income$157,782−32%
Home value$652,300−9%
Population34,744+823%
SEE FULL COMPARISON →
Frequently asked

How many people live in Riverwoods, Illinois?

Riverwoods, Illinois has about 3,790 residents according to the 2020 American Community Survey.

What is the median household income in Riverwoods, Illinois?

The typical household in Riverwoods, Illinois earns about $231,477 a year. Half of households make more than that, and half make less.

Is Riverwoods, Illinois expensive?

In Riverwoods, Illinois, the median home is worth about $720,700, and the typical rent is about $2,639 a month.

How educated are people in Riverwoods, Illinois?

About 78.9% of adults age 25 and over in Riverwoods, Illinois hold a bachelor's degree or higher.

What is the poverty rate in Riverwoods, Illinois?

About 7.9% of people in Riverwoods, Illinois live below the federal poverty line.

Has Riverwoods, Illinois grown since 1990?

Yes, Riverwoods, Illinois has grown since 1990. The population has added about 922 residents, a change of about 32 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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