Wood River, IL Profile: Facts & Data

Wood River, Illinois - Basic Facts

The City of Wood River had a population of 10,307 as of July 1, 2024.

The primary coordinate point for Wood River is located at latitude 38.8612 and longitude -90.0976 in Madison County. The formal boundaries for the City of Wood River encompass a land area of 6.98 sq. miles and a water area of 0.17 sq. miles. Madison County is in the Central time zone (GMT -6).

The City of Wood River 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 City of Wood River is located within Township of Wood River, a minor civil division (MCD) of Madison County.

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Wood River, IL Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	10,307 (100%)
Population in Households	10,017 (97.2%)
Population in Families	6,973 (67.7%)
Population in Group Quarters¹	290 ( 2.8%)
Population Density	1,477
Diversity Index²	25


INCOME
Median Household Income	$59,531
Average Household Income	$76,607
% of Income for Mortgage⁴	13%
Per Capita Income	$33,443
Wealth Index⁵	58
Socioeconomic Status Index⁶	Moderate (49.6)

HOUSING
Total HU (Housing Units)	4,966 (100%)
Owner Occupied HU	3,025 (60.9%)
Renter Occupied HU	1,469 (29.6%)
Vacant Housing Units	472 ( 9.5%)
Median Home Value	$119,031
Average Home Value	$161,851
Housing Affordability Index³	172

HOUSEHOLDS
Total Households	4,494
Average Household Size	2.23
Family Households	2,492
Average Family Size	3.00

HOUSING

Total HU (Housing Units)

4,966 (100%)

Owner Occupied HU

3,025 (60.9%)

Renter Occupied HU

1,469 (29.6%)

Vacant Housing Units

472 ( 9.5%)

Median Home Value

$119,031

Average Home Value

$161,851

Housing Affordability Index³

172

HOUSEHOLDS

Total Households

4,494

Average Household Size

2.23

Family Households

2,492

Average Family Size

3.00

NOTES

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.
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.
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.
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).
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.
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	-0.35%	-0.49%
Households	0.02%	0.03%
Families		-0.06%
Median Household Income		2.97%
Per Capita Income		3.35%
Owner Occupied HU		0.54%

GROWTH RATE / YEAR

2020-2024

2024-2029

Population

-0.35%

-0.49%

Households

0.02%

0.03%

Families

-0.06%

Median Household Income

2.97%

Per Capita Income

3.35%

Owner Occupied HU

0.54%

Wood River, IL - Peer Comparisons by Rank and Percentile

The table below compares Wood River 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	# 220	85th
Population Density	# 419	71st
Median Household Income	# 1061	27th
Housing Affordability Index	# 1073	73rd
Per Capita Income	# 1047	28th
Diversity Index	# 624	57th

Variable Description

Rank

Percentile

Total Population

# 220

85th

Population Density

# 419

71st

Median Household Income

# 1061

27th

Housing Affordability Index

# 1073

73rd

Per Capita Income

# 1047

28th

Diversity Index

# 624

57th

Illinois Census Data Comparison Tool

Wood River, IL Profile: Facts & Data

Wood River, Illinois - Basic Facts

Wood River, IL Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Wood River, IL - Peer Comparisons by Rank and Percentile

Wood River, IL - Most Popular Things to Do

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Madison County