HomeIllinoisLake CountyRiverwoods
Riverwoods, Illinois: commercial real estate data.
Riverwoods is a Census village of 4,013 people across 3.97 square miles of land, in Lake County. Median household income is $249,205, 93.3 percent of occupied homes are owned, and the SBA record carries 8 7(a) approvals to borrowers here worth $5.9 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Riverwoods
What Riverwoods is
- Census place typevillage
- Land area3.97 sq mi
- Water area0.05 sq mi
- Population per square mile of land1,011
- County holding the largest share of its areaLake County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Riverwoods
How many people live in Riverwoods
- Population4,013
- Median age50.4
- Population under 18866 plus or minus 179
- Share under 1821.6 percent plus or minus 4.4
- Population 65 and over1,000
- Share 65 and over24.9 percent
- Households1,241
- Family households1,080
- Share of households that are families87.0 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Riverwoods
Income and work in Riverwoods
- Median household income$249,205
- Per capita income$108,010
- Civilian labor force1,892
- Employed1,878
- Unemployed14 plus or minus 14
- Unemployment rate0.7 percent plus or minus 0.7
- Adults 25 and over2,819
- Adults 25 and over with a high school diploma or higher97.2 percent
- Adults 25 and over with a bachelor degree or higher76.6 percent
- Adults 25 and over with a graduate degree37.1 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Riverwoods
Housing in Riverwoods
- Housing units1,367
- Occupied units1,241
- Vacant units126 plus or minus 101
- Vacancy rate9.2 percent plus or minus 7.3
- Owner occupied1,158
- Renter occupied83 plus or minus 73
- Ownership rate93.3 percent
- Median owner-occupied home value$800,700
- Median gross rent, monthly$1,842
- Annual rent as a share of median income8.9 percent
- Single family units1,367
- Share single family100.0 percent
- Units in buildings of two or more0
- Share in buildings of two or more0.0 percent
- Mobile homes0
- Median year structure built1988
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Riverwoods
How Riverwoods gets to work
- Workers 16 and over who commute1,360
- Commuting under 15 minutes202 plus or minus 87
- Share commuting under 15 minutes14.9 percent plus or minus 5.7
- Commuting 30 minutes or more745 plus or minus 184
- Share commuting 30 minutes or more54.8 percent
- Drove alone61.0 percent
- Carpooled3.9 percent plus or minus 2.8
- Public transport7.8 percent plus or minus 4.4
- Walked2.0 percent plus or minus 1.8
- Worked from home24.7 percent plus or minus 6.5
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Riverwoods
SBA loans in Riverwoods (7(a))
- Approvals8
- Gross approval$5,867,800
- Average approval$733,475
- Median approval$136,500
- Largest approval$5,000,000
- Jobs supported55
- Jobs per approval6.9
- Loans with a final outcome1
- Paid in full1
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more12.5 percent
- Share to franchises12.5 percent
- Distinct lenders5
- Distinct industries by NAICS6
Counted by borrower city: approvals to borrowers whose address is in Riverwoods, in any county, FY2020 to FY2026. Only 1 loan has reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Riverwoods
Flood risk in Riverwoods
- NFIP communityVillage of Riverwoods
- NFIP community number170387
- Participating in the NFIPYes
- Community Rating System classClass 7
- Currently effective map date09/18/13
The Village of Riverwoods participates in the National Flood Insurance Program as community 170387 and carries Community Rating System class 7, a flood insurance premium discount for policies written there.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Lake County, not Riverwoods
Lake County context, not Riverwoods figures
- Establishments in Lake County20,076
- Covered employment, Lake County329,354
- Average annual pay, Lake County$91,042
- Housing units permitted, Lake County1,042
Every figure in this section is published for Lake County as a whole and is not a measurement of Riverwoods.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Riverwoods questions, answered from the record.
How many people live in Riverwoods, Illinois?
4,013, in 1,241 households. Riverwoods village covers 3.97 square miles of land, which is 1,011 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Riverwoods in?
Lake County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Riverwoods?
$249,205. The median owner-occupied home is valued at $800,700. Median gross rent is $1,842 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Riverwoods businesses?
8 7(a) approvals totaling $5.9 m since FY2020, across 5 lenders, median approval $136,500. These count approvals to borrowers whose address is in Riverwoods, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Riverwoods borrowers get paid back?
No rate is published for Riverwoods. Only 1 loan has reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Riverwoods in the National Flood Insurance Program?
Yes. Riverwoods appears in the FEMA Community Status Book as Riverwoods, village of, community 170387, carrying Community Rating System class 7, which is a premium discount for exceeding the program minimum. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Riverwoods figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Lake County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Riverwoods.
Is zoning published for Riverwoods?
No. Nothing on this page presents parcel level zoning.