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River Forest, 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
11,992
Population
$146,786
Median Income
$687,300
Home Value
40.0
Median Age

Demographics

River Forest has a population of 11,992 with a median age of 40.0. Here is the racial and ethnic breakdown of the population:

White
78.9%
Hispanic
6.9%
Asian
5.6%
Black
5.0%
Other
3.6%
Demographic Value
Total Population11,992
Median Age40.0
White78.9%
Black or African American5.0%
Asian5.6%
Hispanic or Latino6.9%
Other / Two or More Races3.6%
River Forest, Illinois — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 78.9%Hispanic/Latino: 6.9%Asian: 5.6%Black: 5.0%Other: 3.6%11,992PopulationWhiteWhite78.9%Hispanic/LatinoHispanic/Latino6.9%AsianAsian5.6%BlackBlack5.0%OtherOther3.6%

Income & Economy

The median household income in River Forest is $146,786, which is 82.1% above the national median of $80,610. The per capita income is $91,438. The poverty rate is 2.7%.

$146,786
Median Household Income
$91,438
Per Capita Income
2.7%
Poverty Rate

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Education

In River Forest, 96.9% of residents age 25+ have a high school diploma or higher, and 72.9% hold a bachelor's degree or higher (45.3% with a graduate or professional degree).

HS Diploma+
96.9%
Bachelor's+
72.9%
Graduate+
45.3%
Education Level % of Adults (25+)
High School Diploma or Higher96.9%
Bachelor's Degree or Higher72.9%
Graduate or Professional Degree45.3%

Housing

The median home value in River Forest is $687,300, above the national median of $303,400. The median monthly rent is $1,554. The homeownership rate is 87.7%.

$687,300
Median Home Value
$1,554/mo
Median Rent
87.7%
Homeownership Rate
Housing Metric Value
Median Home Value$687,300
Median Monthly Rent$1,554
Homeownership Rate87.7%
Vacancy Rate4.7%

Salaries in Illinois

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Frequently Asked Questions

What is the population of River Forest, Illinois?
The population of River Forest, Illinois is 11,992 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in River Forest, Illinois?
The median household income in River Forest, Illinois is $146,786. This is 82.1% above the national median of $80,610.
What is the median home value in River Forest, Illinois?
The median home value in River Forest, Illinois is $687,300. The median monthly rent is $1,554.
What percentage of people in River Forest have a college degree?
In River Forest, Illinois, 72.9% of adults age 25 and older hold a bachelor's degree or higher, and 96.9% have a high school diploma or higher.
Is River Forest, Illinois an affordable place to live?
The home price-to-income ratio in River Forest, Illinois is 4.7x (median home value $687,300 vs. median income $146,786), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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