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Park Ridge, Illinois

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
38,667
Population
$142,986
Median Income
$551,200
Home Value
44.4
Median Age

Demographics

Park Ridge has a population of 38,667 with a median age of 44.4. Here is the racial and ethnic breakdown of the population:

White
83.1%
Hispanic
7.5%
Asian
6.3%
Other
2.1%
Black
1.0%
Demographic Value
Total Population38,667
Median Age44.4
White83.1%
Black or African American1.0%
Asian6.3%
Hispanic or Latino7.5%
Other / Two or More Races2.1%
Park Ridge, Illinois — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 83.1%Hispanic/Latino: 7.5%Asian: 6.3%Other: 2.1%Other: 1.0%38,667PopulationWhiteWhite83.1%Hispanic/LatinoHispanic/Latino7.5%AsianAsian6.3%OtherOther2.1%OtherOther1.0%

Income & Economy

The median household income in Park Ridge is $142,986, which is 77.4% above the national median of $80,610. The per capita income is $77,214. The poverty rate is 2.9%.

$142,986
Median Household Income
$77,214
Per Capita Income
2.9%
Poverty Rate

Employment

The unemployment rate in Park Ridge is 4.1%, compared to the national rate of 4.1%.

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Education

In Park Ridge, 96.6% of residents age 25+ have a high school diploma or higher, and 66.1% hold a bachelor's degree or higher (27.2% with a graduate or professional degree).

HS Diploma+
96.6%
Bachelor's+
66.1%
Graduate+
27.2%
Education Level % of Adults (25+)
High School Diploma or Higher96.6%
Bachelor's Degree or Higher66.1%
Graduate or Professional Degree27.2%

Housing

The median home value in Park Ridge is $551,200, above the national median of $303,400. The median monthly rent is $1,537. The homeownership rate is 84.8%.

$551,200
Median Home Value
$1,537/mo
Median Rent
84.8%
Homeownership Rate
Housing Metric Value
Median Home Value$551,200
Median Monthly Rent$1,537
Homeownership Rate84.8%
Vacancy Rate4.5%

Salaries in Illinois

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Frequently Asked Questions

What is the population of Park Ridge, Illinois?
The population of Park Ridge, Illinois is 38,667 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Park Ridge, Illinois?
The median household income in Park Ridge, Illinois is $142,986. This is 77.4% above the national median of $80,610.
What is the median home value in Park Ridge, Illinois?
The median home value in Park Ridge, Illinois is $551,200. The median monthly rent is $1,537.
What percentage of people in Park Ridge have a college degree?
In Park Ridge, Illinois, 66.1% of adults age 25 and older hold a bachelor's degree or higher, and 96.6% have a high school diploma or higher.
Is Park Ridge, Illinois an affordable place to live?
The home price-to-income ratio in Park Ridge, Illinois is 3.9x (median home value $551,200 vs. median income $142,986), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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