Maywood, IL Profile: Facts & Data

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Maywood, Illinois - Basic Facts

The Village of Maywood had a population of 22,629 as of July 1, 2024. Maywood ranks in the upper quartile for Population Density and Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Illinois. See peer rankings below.

The primary coordinate point for Maywood is located at latitude 41.8792 and longitude -87.8431 in Cook County. The formal boundaries for the Village of Maywood encompass a land area of 2.72 sq. miles and a water area of 0 sq. miles. Cook County is in the Central time zone (GMT -6).

The Village of Maywood 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 Maywood is located within Township of Proviso, a minor civil division (MCD) of Cook County.


Jump to... (On This Page!)
  1. Maywood 2024 Demographic Data
  2. Growth Rates for Maywood (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Illinois Research Tools (Easy Tools & Current Data)
  3. Illinois Data Comparison Tool - 2024 Demographics
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Maywood, IL Data & Demographics (As of July 1, 2024)

POPULATION

Total Population 22,629 (100%)
Population in Households 22,529 (99.6%)
Population in Families 19,320 (85.4%)
Population in Group Quarters1 100 ( 0.4%)
Population Density 8,327
Diversity Index2 78
 
 

INCOME

Median Household Income $63,959
Average Household Income $83,398
% of Income for Mortgage4 21%
Per Capita Income $27,722
Wealth Index5 62
Socioeconomic Status Index6 Low (38.6)
 

HOUSING

Total HU (Housing Units) 8,450 (100%)
Owner Occupied HU 4,620 (54.7%)
Renter Occupied HU 2,899 (34.3%)
Vacant Housing Units 931 (11.0%)
Median Home Value $214,791
Average Home Value $246,374
Housing Affordability Index3 104
 

HOUSEHOLDS

Total Households 7,519
Average Household Size 3.00
Family Households 5,235
Average Family Size 4.00
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. 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 races 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.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
  6. The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR

2020-2024 2024-2029
Population -0.90% -0.55%
Households -0.17% 0.00%
Families   -0.09%
Median Household Income   3.60%
Per Capita Income   3.81%
Owner Occupied HU   0.61%

Maywood, IL - Peer Comparisons by Rank and Percentile

The table below compares Maywood to the other 1,462 incorporated cities, towns and CDPs in Illinois by rank and percentile using July 1, 2024 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 # 103 93rd
Population Density # 10 99th
Median Household Income # 931 36th
Housing Affordability Index # 393 27th
Per Capita Income # 1329 9th
Diversity Index # 71 95th

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

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