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Ridgewood, 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
2,795
Population
$92,500
Median Income
$161,300
Home Value
33.3
Median Age

Demographics

Ridgewood has a population of 2,795 with a median age of 33.3. Here is the racial and ethnic breakdown of the population:

Hispanic
71.7%
White
23.3%
Black
16.7%
Demographic Value
Total Population2,795
Median Age33.3
White23.3%
Black or African American16.7%
Hispanic or Latino71.7%
Ridgewood, Illinois — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 112.Hispanic/Latino: 64.2%White: 20.9%Black: 15.0%2,795PopulationHispanic/LatinoHispanic/Latino64.2%WhiteWhite20.9%BlackBlack15.0%

Income & Economy

The median household income in Ridgewood is $92,500, which is 14.8% above the national median of $80,610. The per capita income is $29,869. The poverty rate is 22.8%.

$92,500
Median Household Income
$29,869
Per Capita Income
22.8%
Poverty Rate

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Education

In Ridgewood, 66.3% of residents age 25+ have a high school diploma or higher, and 10.8% hold a bachelor's degree or higher (2.6% with a graduate or professional degree).

HS Diploma+
66.3%
Bachelor's+
10.8%
Graduate+
2.6%
Education Level % of Adults (25+)
High School Diploma or Higher66.3%
Bachelor's Degree or Higher10.8%
Graduate or Professional Degree2.6%

Housing

The median home value in Ridgewood is $161,300, below the national median of $303,400. The median monthly rent is $1,634. The homeownership rate is 69.5%.

$161,300
Median Home Value
$1,634/mo
Median Rent
69.5%
Homeownership Rate
Housing Metric Value
Median Home Value$161,300
Median Monthly Rent$1,634
Homeownership Rate69.5%

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Frequently Asked Questions

What is the population of Ridgewood, Illinois?
The population of Ridgewood, Illinois is 2,795 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Ridgewood, Illinois?
The median household income in Ridgewood, Illinois is $92,500. This is 14.8% above the national median of $80,610.
What is the median home value in Ridgewood, Illinois?
The median home value in Ridgewood, Illinois is $161,300. The median monthly rent is $1,634.
What percentage of people in Ridgewood have a college degree?
In Ridgewood, Illinois, 10.8% of adults age 25 and older hold a bachelor's degree or higher, and 66.3% have a high school diploma or higher.
Is Ridgewood, Illinois an affordable place to live?
The home price-to-income ratio in Ridgewood, Illinois is 1.7x (median home value $161,300 vs. median income $92,500), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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