Richview, IL Profile: Facts & Data

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Richview, Illinois - Basic Facts

The Village of Richview had a population of 231 as of July 1, 2020. Richview ranks in the lower 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 Richview is located at latitude 38.3784 and longitude -89.1801 in Washington County. The formal boundaries for the Village of Richview encompass a land area of 1.12 sq. miles and a water area of 0 sq. miles. Washington County is in the Central time zone (GMT -6). The elevation is 541 feet.

The Village of Richview (GNIS ID: 2399069) 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 Richview is located within Township of Richview, a minor civil division (MCD) of Washington County.


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Richview, IL Data & Demographics (As of July 1, 2020)

POPULATION

Total Population 231 (100%)
Population in Households 231 (100.0%)
Population in Families 185 (80.1%)
Population in Group Quarters1 0
Population Density 201
Diversity Index2 6
 
 

INCOME

Median Household Income $52,618
Average Household Income $69,643
% of Income for Mortgage4 7%
Per Capita Income $29,481
Wealth Index5 64
 

HOUSING

Total HU (Housing Units) 119 (100%)
Owner Occupied HU 76 (63.9%)
Renter Occupied HU 22 (18.5%)
Vacant Housing Units 21 (17.6%)
Median Home Value $93,103
Average Home Value $103,947
Housing Affordability Index3 337
 

HOUSEHOLDS

Total Households 98
Average Household Size 2.36
Family Households 66
Average Family Size 3
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.

GROWTH RATE / YEAR

2010-2020 2020-2025
Population -1.07% -1.06%
Households -0.85% -1.04%
Families -0.43% -1.24%
Median Household Income   0.92%
Per Capita Income   2.04%
Owner Occupied HU   -1.08%

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Richview, IL - Peer Comparisons by Rank and Percentile

The table below compares Richview to the other 1,369 incorporated cities, towns and CDPs in Illinois by rank and percentile using July 1, 2020 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 # 1163 15th
Population Density # 1277 7th
Median Household Income # 860 37th
Housing Affordability Index # 1193 87th
Per Capita Income # 662 52nd
Diversity Index # 1195 12th

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

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