Riverwoods, IL Profile: Facts, Map & Data

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Riverwoods, Illinois - Basic Facts

The Village of Riverwoods had a population of 3,612 as of July 1, 2017.

The primary coordinate point for Riverwoods is located at latitude 42.1729 and longitude -87.8949 in Lake County. The formal boundaries for the Village of Riverwoods (see map below) encompass a land area of 3.96 sq. miles and a water area of 0.05 sq. miles. Lake County is in the Central time zone (GMT -6). The elevation is 656 feet.

The Village of Riverwoods (GNIS ID: 2399094) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The Village of Riverwoods is located within Township of Vernon, a minor civil division (MCD) of Lake County.

Beneath the boundary map are tables with Riverwoods population, income and housing data, five-year growth projections and peer comparisons for key demographic data. The estimates are for July 1, 2017.


Neighborhood Data

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Village of Riverwoods, IL Boundary Map



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Boundary Maps: Township of Vernon | Lake County | Illinois Counties

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Riverwoods, IL Data & Demographics (As of July 1, 2017)

POPULATION

Total Population 3,612
Daytime Population: Workers 4,700
Daytime Population: Residents 1,768
Total Daytime Population (TDP) 6,468
Ratio TDP/Total Population1 1.79
Population in Households 3,573
Population in Familes 3,290
Population in Group Qrtrs 39
Population Density2 912
Diversity Index3 27
 

INCOME

Median Household Income $165,448
Average Household Income $230,712
Per Capita Income $80,980

HOUSING

Total Housing Units 1,337 (100%)
Owner Occupied HU 1,099 (82.2%)
Renter Occupied HU 149 (11.1%)
Vacant Housing Units 89 ( 6.7%)
Median Home Value $733,527
Average Home Value $786,920
 

HOUSEHOLDS

Total Households 1,248
Average Household Size 2.86
Family Households 1,056
Average Family Size 3
NOTES
  1. If the ratio of the TDP to Total Population is greater than 1, the location gains population during the day when commuting workers are present. If the ratio is less than 1, the location is more of a bedroom community where people commute to another place for work.
  2. Population Density = Total Population per square mile.
  3. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.

GROWTH RATE / YEAR

2010-2017 2017-2022
Population -0.18% -0.02%
Households -0.01% 0.05%
Families -0.62% 0.02%
Median Household Income   0.36%
Per Capita Income   1.4%

Riverwoods, IL - Peer Comparisons by Rank and Percentile

The table below compares Riverwoods to the other 1,368 incorporated cities, towns and CDPs in Illinois by rank and percentile using July 1, 2017 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 402 71st
Population Density # 803 41st
Diversity Index # 397 71st
Median Household Income # 8 99th
Per Capita Income # 10 99th

Additional comparisons and rankings can be made with a VERY EASY TO USE Illinois Census Data Comparison Tool.

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