Riverwoods, IL Demographics

The total population of Riverwoods is estimated to be 4,007 with 2,082 males (51.96%) and 1,925 females (48.04%). There are 157 less females than males in Riverwoods.
The median household income in Riverwoods was $230,308 in 2021, which marked an a decrease of 31,988(12.20%) from $262,296 in 2020. This income is 308.70% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Riverwoods sees its highest median household income among householders in the age group of 45 to 64 years old, at $270,229. Overall, the median household income for the village of Riverwoods stands at $230,308.
In Riverwoods, the median income for all workers aged 15 years and older, regardless of work hours, was $142,449 for males and $31,076 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $195,137 for males and $157,049 for females.
In Riverwoods, there are just two different racial groups among households. Among these, Asian households report a median household income of $270,229, while White households have a median household income of $229,964.
In 2022, the population of Riverwoods was 3,746, a 0.66% decrease year-by-year from 2021. Previously, in 2021, Riverwoods's population was 3,771, a decline of 0.42% compared to a population of 3,787 in 2020.
The median age in Riverwoods, IL is 52.0, as per 2021 ACS 5-Year Estimates. Of the total population, 17.61% were under the age of 15, 11.49% aged 15 to 29, 44.84% aged 30 to 64, 23.84% aged 65 to 84, and 2.22% were 85 years of age and older.
Racial distribution of Riverwoods population: 92.81% are White, 0.69% are Black or African American, 4.81% are Asian, 0.67% are some other race and 1.02% are multiracial.