Riverwoods 66 Good
Riverwoods Livability #533 ranked city in Illinois#11,065 ranked city in the USARanks better than 62% of areas

Pros and Cons of Living in Riverwoods

PROS
  • Crime

    Crime per 100,000 people is significantly lower than the national average, making it a safe place to live. These crime statistics include both violent and property crimes.

  • Employment

    Higher than average median household income, income per capita and lower unemployment rates are seen in this area. The result is a high score in the employment category.

  • Housing

    High scores in the housing category are a distinguishing feature of this area, possibly driven by a favorable home affordability ratio, higher home values and appreciation rates.

  • Ratings

    Based on recent surveys and polls, locals gave high marks in the walkability to local amenities, safety, public transit, friendliness of neighbors and overall sense of community in the area.

CONS
  • Amenities

    The majority of amenities are not ideally located within walking distance. To access these amenities, residents may be required to rely on a vehicle or public transit.

  • Commute

    A low commute score could be due to longer-than-average work commutes and the limited availability of public transportation in this area.

  • Cost Of Living

    Living in this region comes with a high cost of living, translating to elevated costs for homes, goods and services, groceries, utilities, health care and transportation.

  • Health & Safety

    The low score in this category could be due to challenges related to air quality and the limited accessibility of health-related facilities like hospitals, nursing homes, doctors and pharmacies.

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What's it like Living in Riverwoods?

Riverwoods, Illinois is a small city with a population of 3,536 residents. According to the most recent Census, 96% of Riverwoods residents are White, 3% Asian and 1% Black. The Riverwoods population appears to be aging at a faster rate than normal. The median age is currently 55, which is on the high side when compared to most other cities. Riverwoods is known to be family friendly as more than 78% of the population has already tied the knot. It might also be worth noting that 31% of residents also have children under the age of 18. Something to be aware of when living in Riverwoods are the above average commute times. If you're looking for a short commute to work, this might not be the right area for you. With one way commute time of 34 minutes, this comes in much higher than the national average of 26 minutes.

Are you trying to ascertain if living in Riverwoods is the right fit for your lifestyle? To ensure a good experience before moving to any new city in Illinois, you will probably want to make sure that you check all of the most important boxes. Several key factors deserve attention. For one, safety is paramount, ensuring that your new area is low in crime is key. Proximity to workplaces or schools minimizes commute times and fosters convenience. Access to essential amenities like parks, grocery stores, food, fitness, shops and healthcare facilities enhances daily life. Efficient public transportation options provide mobility and connectivity. The sense of community creates a welcoming and supportive environment. Lastly, the overall atmosphere, encompassing the vibe, aesthetics, and lifestyle offerings, contributes to a fulfilling living experience. Considering these elements helps identify the ideal neighborhood for your needs and preferences. Using the livability score which includes data from categories like amenities, health & safety, education, employment, housing, you can easily compare the best places to live in Riverwoods and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Riverwoods to Illinois and the national average.

Using data and statistics Riverwoods has received a livability score of 65/100. This score is ranked in the 61st percentile when compared to all other cities. There are nine total categories that generate the livability score. Riverwoods scores well for crime (A+) and housing (A+) There is at least one category that you should be aware of in Riverwoods. The following was graded with a less than perfect score: amenities (F) and cost of living (F).

Crime rates play a pivotal role in the decision-making process for anyone considering a move, as they directly influence the overall sense of safety, security and quality of life in a given location. Riverwoods shines in this regard, earning exemplary ratings for its exceptionally low violent crime rates, standing at 27 crimes per 100,000 residents. These rates are notably below the national average, underscoring the community's commitment to safety and contributing to an enhanced quality of life.

Finding affordable real estate and housing in Riverwoods can be tricky. Having said that, this area might be the place to get the best of both worlds. Based on factors like home/rental affordability and appreciation rates, this area has received an above average score in the housing category. A healthy real estate market can lead to wealth appreciation for property owners, as rising property values can contribute to homeowners' equity, financial stability and the ability to build long-term wealth.

Certain items on your wish list like shopping, restaurants, nightlife, parks and proximity to public transportation are all important things to look for. Having said that, perhaps the most important metric to consider when contemplating a move to Riverwoods is real estate affordability. Median real estate prices in Riverwoods come in at $720,700, which is 312.3% higher than the Illinois average. The home price to income ratio compares the median home prices to the median household income. In Riverwoods, the home price to income ratio is 3.1, which is 3.3% higher than the Illinois average.

Best Places to Live in and Around Riverwoods

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How Do You Rate The Livability In Riverwoods?

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Compare Riverwoods, IL Livability

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      Riverwoods transportation information

      Statistic Riverwoods Illinois National
      Average one way commute34min29min26min
      Workers who drive to work70.5%73.4%76.4%
      Workers who carpool1.2%8.3%9.3%
      Workers who take public transit9.2%9.2%5.1%
      Workers who bicycle0.5%0.6%0.6%
      Workers who walk0.5%3.1%2.8%
      Working from home17.3%4.4%4.6%
      Source: The Riverwoods, IL data and statistics displayed above are derived from the United States Census Bureau American Community Survey (ACS).