Everything You Should Know Before Moving to Riverwoods, IL
Considering a move to Riverwoods, IL? This peaceful suburb of 3,790 residents boasts spacious homes (median price: $695,000), excellent schools, and extremely low crime rates—only 38 violent crimes per 100K. Residents enjoy high household incomes, top-tier educational attainment (76.4% with bachelor’s or higher), and a short 28-minute average commute. With 52% sunny days, a family-friendly vibe, and easy access to quality healthcare, Riverwoods is ideal for those seeking safety, comfort, and a strong community.
Demographics - Riverwoods, IL
Demographics - Riverwoods, IL
Riverwoods is a small, close-knit community of 3,790 residents with a median age nearing 50, reflecting a mature and settled population. The city is predominantly White (85.5%), with a notable Asian community and a balanced gender ratio, offering a diverse yet cohesive suburban environment.
Population:
3,790
Density:
595 per sq mi
Median Age:
49.8
Gender Ratio:
98 males per 100 females
Non-English Speakers Percentage:
12.5%

Ethnic Composition
White:
85.5%
Black:
1.2%
Asian:
10.3%
Others:
3.0%
Cost Of Living
What is the average cost of living in Riverwoods, IL?
The cost of living in Riverwoods is significantly above the national average, driven by a median home value of $695,000 and an overall cost of living index of 140.1. Residents can expect higher expenses for housing and transportation, but also benefit from stable state taxes and moderate utility costs.
Median House Value:
$695,000
Gross Rent:
$2,800
Monthly Electricity Charges:
$110
Auto Insurance:
$1,450
House Owner Cost With Mortgage:
$3,350
House Owner Cost Without Mortgage:
$1,220
State Taxes:
Low:
4.95%
|
High:
4.95%
Cost Of Living Index:
140.1
Grocery:
109.0
Housing:
172.0
Utilities:
97.0
Transportation:
116.0
Health Care:
107.0
Miscellaneous:
105.0
Crime
Is Riverwoods, IL a safe place to live?
Riverwoods is an exceptionally safe suburb, with violent crime rates as low as 38 per 100,000 and a property crime chance of just 1 in 453. This low crime environment makes it particularly attractive for families and those seeking peace of mind.
Violent Crimes Per 100k:
38
Property Crimes Per 100k:
222
Crime Index:
260
Chance Of Violent Crime:
1 in 2,630
Chance Of Property Crime:
1 in 453
Weather
What is the weather like in Riverwoods, IL year-round?
Residents experience all four seasons, with warm summers reaching up to 84°F and cold winters dipping to 15°F. The city enjoys 52% sunny days annually and moderate rainfall, offering a well-balanced Midwestern climate.

Winter
Min:
15°F
Max:
33°F

Spring
Min:
37°F
Max:
62°F

Summer
Min:
62°F
Max:
84°F

Fall
Min:
40°F
Max:
66°F
Average Rainfall Inches:
36.5 inches
Sunny Days Percentage:
52%
Neighbors
Riverwoods is known for its affluent and highly educated residents, with household incomes averaging $207,000 and a poverty rate of only 2.1%. Most neighbors hold at least a bachelor’s degree, and the area maintains low unemployment and a friendly, professional atmosphere.
Median Income:
$100,000
Household Income:
$207,000
Family Income:
$220,000
Per Capita Income:
$92,500
Income Male:
$120,000
Income Female:
$85,000
Poverty Rate:
2.1%
Non English Speakers:
12.5%
Rent:
$2,800
Unemployment Rate:
3.2%
Public Transport Usage:
6.0%
Commute Time:
28.4 minutes

Education
High School or Higher:
98.2%
Bachelors or More:
76.4%
Education
How are the schools in Riverwoods, IL?
Riverwoods is served by highly regarded public and private schools with low student-teacher ratios and strong academic programs. Nearby community colleges offer further educational opportunities, making the city ideal for families prioritizing education.

Public Schools
Name:
Wilmot Elementary School
Street:
795 Wilmot Rd
Phone:
847-945-1075
Students:
510
Student Teacher Ratio:
13.5
Name:
Charles J. Caruso Middle School
Street:
1801 Montgomery Rd
Phone:
847-945-8430
Students:
660
Student Teacher Ratio:
14.2

Private Schools
Name:
Solomon Schechter Day School
Street:
3210 Dundee Rd
Phone:
847-498-2100
Students:
420

Colleges
Name:
College of Lake County
City:
Grayslake
State:
IL
Distance:
17 miles
Students:
13,000
Name:
Oakton Community College
City:
Des Plaines
State:
IL
Distance:
17 miles
Students:
7,900
Healthcare
Access to quality healthcare is excellent, with nearby general and surgical hospitals providing emergency services and a high physician-to-population ratio of 3.2 per 1,000. Over 96% of residents have health insurance, ensuring comprehensive coverage and peace of mind.

Major Hospitals
Name:
NorthShore Highland Park Hospital
Address:
777 Park Ave W, Highland Park, IL 60035
Phone:
(847) 432-8000
Type:
General & Surgical
Emergency Services:
Yes
Name:
Advocate Condell Medical Center
Address:
801 S Milwaukee Ave, Libertyville, IL 60048
Phone:
(847) 362-2900
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
3.2
Health Insurance Coverage:
96.4%
Health Care Index:
78.2
Housing Market
What is the housing market like in Riverwoods, IL?
Riverwoods features a stable and desirable housing market, with a median home price of $695,000 and a 97.5% owner-occupancy rate. Home values continue to appreciate modestly, making it an attractive choice for long-term investment and family living.
Median Home Price:
$695,000
Average Rent For 2 Bedroom:
$2,800
Owner Occupied Rate:
97.5%
Rental Vacancy Rate:
4.1%
Home Appreciation Rate (1yr):
3.7%
New Construction Rate:
0.8%
Foreclosure Rate:
0.3%
DMV Information
Residents are served by the Illinois Secretary of State Driver Services Facility located in nearby Elk Grove Village, offering full DMV services including licensing and vehicle registration. The office is easily accessible, and all relevant information can be found on the official Illinois DMV website.
State:
Illinois
Department:
Illinois Secretary of State Driver Services Facility
Address:
650 Roppolo Dr, Elk Grove Village, IL 60007
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.