Everything You Should Know Before Moving to Ravenswood, IL
Considering a move to Ravenswood, IL? With a vibrant population of about 25,000 and a median home price around $480,000, Ravenswood blends city living with a strong neighborhood feel. Residents enjoy a short 36-minute average commute, robust public transit, and access to highly-rated schools. The area boasts a lively dining scene, 54% sunny days, and a diverse, educated population. While crime rates are a bit above national averages, Ravenswood’s amenities, education, and convenient Chicago access make it a top choice for urban dwellers.
Demographics - Ravenswood, IL
Demographics - Ravenswood, IL
Ravenswood is home to approximately 25,000 residents, featuring a diverse community with 65% White, 8% Black, 7% Asian, and 20% from other backgrounds. The area has a median age of 35.8 and a balanced gender ratio, while 16% of the population speaks a language other than English at home, reflecting its multicultural character.
Population:
25,000
Density:
14,000 per sq mi
Median Age:
35.8
Gender Ratio:
95 males per 100 females
Non-English Speakers Percentage:
16%
Ethnic Composition
White:
65%
Black:
8%
Asian:
7%
Others:
20%
Cost Of Living
What is the average cost of living in Ravenswood, IL?
The cost of living in Ravenswood is higher than the national average, with a cost of living index of 123.0 and a median home value around $480,000. Renters can expect to pay about $1,800 for a two-bedroom unit, while utilities and state taxes remain moderate, making it an attractive yet premium urban neighborhood.
Median House Value:
$480,000
Gross Rent:
$1,800
Monthly Electricity Charges:
$95
Auto Insurance:
$1,450
House Owner Cost With Mortgage:
$2,350
House Owner Cost Without Mortgage:
$900
State Taxes:
Low:
4.95%
|
High:
4.95%
Cost Of Living Index:
123.0
Grocery:
111.2
Housing:
136.7
Utilities:
97.3
Transportation:
121.5
Health Care:
104.8
Miscellaneous:
106.9
Crime
Is Ravenswood, IL a safe place to live?
Ravenswood experiences crime rates slightly above national averages, with about 340 violent crimes and 2,150 property crimes per 100,000 residents annually. Residents have a 1 in 294 chance of experiencing violent crime, so while the area offers urban conveniences, awareness of safety is important.
Violent Crimes Per 100k:
340
Property Crimes Per 100k:
2,150
Crime Index:
2,490
Chance Of Violent Crime:
1 in 294
Chance Of Property Crime:
1 in 46
Weather
What is the weather like in Ravenswood, IL year-round?
Residents of Ravenswood enjoy four distinct seasons, with warm summers reaching highs of 84°F and cold winters dipping to 17°F. The neighborhood sees 54% sunny days and nearly 37 inches of annual rainfall, offering a balanced climate for a variety of outdoor activities.
Winter
Min:
17°F
Max:
34°F
Spring
Min:
40°F
Max:
63°F
Summer
Min:
65°F
Max:
84°F
Fall
Min:
45°F
Max:
67°F
Average Rainfall Inches:
36.9 inches
Sunny Days Percentage:
54%
Neighbors
The median household income in Ravenswood is $88,000, with 58% of adults holding a bachelor’s degree or higher. The neighborhood features a low unemployment rate of 3.6%, a poverty rate of 10.5%, and a vibrant community that makes strong use of public transportation.
Median Income:
$50,000
Household Income:
$88,000
Family Income:
$120,000
Per Capita Income:
$57,000
Income Male:
$63,000
Income Female:
$51,000
Poverty Rate:
10.5%
Non English Speakers:
16%
Rent:
$1,800
Unemployment Rate:
3.6%
Public Transport Usage:
21.5%
Commute Time:
36.4 minutes
Education
High School or Higher:
93.7%
Bachelors or More:
58%
Education
How are the schools in Ravenswood, IL?
Ravenswood is served by well-regarded public and private schools, such as Ravenswood Elementary and Lake View High School, with student-teacher ratios around 16–17. The area also benefits from proximity to higher education institutions like DePaul University and North Park University, making it a strong choice for families and students alike.
Public Schools
Name:
Ravenswood Elementary School
Street:
4332 N Paulina St
Phone:
773-534-5525
Students:
550
Student Teacher Ratio:
16.5
Name:
Lake View High School
Street:
4015 N Ashland Ave
Phone:
773-534-5440
Students:
1,400
Student Teacher Ratio:
17.2
Private Schools
Name:
Lycee Francais de Chicago
Street:
1929 W Wilson Ave
Phone:
773-665-0066
Students:
800
Colleges
Name:
DePaul University
City:
Chicago
State:
IL
Distance:
3 miles
Students:
22,400
Name:
North Park University
City:
Chicago
State:
IL
Distance:
2 miles
Students:
3,200
Healthcare
Ravenswood offers excellent healthcare access, with major hospitals like Swedish Hospital and Advocate Illinois Masonic Medical Center nearby. The area boasts a high rate of insured residents at 91.7% and a solid ratio of 3.1 physicians per 1,000 people, ensuring quality medical services are readily available.
Major Hospitals
Name:
Swedish Hospital
Address:
5145 N California Ave, Chicago, IL 60625
Phone:
(773) 878-8200
Type:
General & Surgical
Emergency Services:
Yes
Name:
Advocate Illinois Masonic Medical Center
Address:
836 W Wellington Ave, Chicago, IL 60657
Phone:
(773) 975-1600
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
3.1
Health Insurance Coverage:
91.7%
Health Care Index:
77.1
Housing Market
What is the housing market like in Ravenswood, IL?
The housing market in Ravenswood is competitive, with a median home price of $480,000 and average rent for a two-bedroom apartment at $1,800. About 47.5% of homes are owner-occupied, and recent home appreciation stands at 3.4%, indicating a healthy and stable real estate market.
Median Home Price:
$480,000
Average Rent For 2 Bedroom:
$1,800
Owner Occupied Rate:
47.5%
Rental Vacancy Rate:
6.1%
Home Appreciation Rate (1yr):
3.4%
New Construction Rate:
1.5%
Foreclosure Rate:
0.3%
DMV Information
Residents can access DMV services at the Illinois Secretary of State Driver Services Facility located on N Elston Ave in Chicago. This office provides essential driver and vehicle services for Ravenswood locals, and additional information can be found on the Illinois Secretary of State's official website.
State:
Illinois
Department:
Illinois Secretary of State Driver Services Facility
Address:
5401 N Elston Ave, Chicago, IL 60630
Phone:
1-800-252-8980
Website:
Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.