Median Income
$233,036
household / year
Median Home Value
$776,900
owner-occupied
Median Rent
$3,500
gross / month
Cost of Living
103
national avg = 100

Is Riverwoods, IL a Good Place to Live?

Riverwoods is a small town of 4,007 in Illinois, with a median household income of $233,036 and a 1.2% unemployment rate. Its cost of living index is 103 (US average = 100), which is 3% above the national average.

Strengths: Riverwoods stands out for lower-than-average crime, a well-educated population.

Trade-offs: Potential downsides include high home prices, longer commutes. Whether Riverwoods is right for you depends on your priorities — the full breakdown is below.

All Riverwoods city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 102.6

Riverwoods's overall cost of living index is 102.6, where 100 represents the US national average. Living in Riverwoods costs roughly 3% more than the average American city.

Metric Riverwoods, IL National Avg
Median Home Value $776,900 $244,900
Median Monthly Rent $3,500 $1,163
Homeownership Rate 97.2% 65.9%
Median Household Income $233,036 $74,755

Crime & Safety

Very Safe

Riverwoods's violent crime rate is 26.9 per 100,000 residents — 93% lower than the national average of ~380 per 100,000.

Violent Crime
26.9 /100k
Property Crime
618.3 /100k

Vertical marker = national average. Source: FBI UCR Program.

Schools & Education

Metric Riverwoods, IL National Avg
School District N/A
Elementary Schools N/A
Middle Schools N/A
High Schools N/A
Student/Teacher Ratio N/A 16:1
Bachelor's Degree or Higher 83.0% 35.4%
High School Diploma or Higher 97.2% 91.1%

Weather & Climate

Riverwoods sees average highs of 31.9°F in January and 84.0°F in July, with 38.6 inches of annual precipitation and 33.6 inches of snow per year.

MetricRiverwoods, IL
Average High — January31.9°F
Average High — July84.0°F
Annual Precipitation38.6"
Annual Snowfall33.6"

Demographics

MetricRiverwoods, ILNational Avg
Population4,007
Median Age51.238.9
Unemployment Rate1.2%3.7%
Avg Commute Time36.9 min26 min
White (non-Hispanic)90.2%59.3%
Black or African American1.8%13.6%
Hispanic or Latino1.4%18.9%
Asian6.0%6.3%
Under 1823.7%22.2%
65 and over23.1%16.8%

Nearby Cities

Riverwoods vs Other Cities

Frequently Asked Questions

Riverwoods's cost of living index is 103, where 100 is the national average. That puts Riverwoods roughly 3% above the national average in cost. The median home price is $776,900 and median rent is $3,500/month.
Riverwoods's violent crime rate is 26.9 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 618.3 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
School district information is sourced from NCES Common Core of Data.
Riverwoods, IL has a population of 4,007, a median household income of $233,036, and an unemployment rate of 1.2%. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Riverwoods averages 31.9°F in January and 84.0°F in July. Annual rainfall is 38.6 inches with about 33.6 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
The population of Riverwoods, Illinois is 4,007 with a median age of 51.2. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Riverwoods: cost of living index 103 (100 = US average), median home $776,900, median household income $233,036, crime index 16 (100 = US average, lower is safer). Whether these are benefits or drawbacks depends on where you're coming from — compare Riverwoods side by side with your current city to see the trade-offs.