HomeIllinoisLake CountyRiverwoods village
Riverwoods village, Illinois: commercial real estate data.
Riverwoods village 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.
71 sourced place values · tier FULL · 8 sections · 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$223,000
- Ninetieth percentile approval$5,000,000
- 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
A charge-off rate is not published here. only 1 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Riverwoods
Flood risk in Riverwoods
- Listed NFIP communities1
- Of those, participating1
- Best Community Rating System classClass 6
- NFIP community number170387
- Currently effective map date09/18/13
FEMA, National Flood Insurance Program Community Status Book, Community Status Book, as retrieved.
Lake County, not Riverwoods
Lake County context, not Riverwoods figures
These are Lake County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Riverwoods measurements.
- Establishments in Lake County20,076
- Employment at those establishments, Lake County337,069
- Covered employment, Lake County329,354
- Average annual pay, Lake County$91,042
- Average weekly wage, Lake County$1,751
- Housing units permitted, Lake County1,042
- Of those, single family, Lake County531
- County product, 2024, Lake County$82,868,798,000
- County product change over the prior year, Lake County3.7 percent
- Average income of an arriving household, Lake County$132,863
Every figure in this section is published for Lake County as a whole and is not a measurement of Riverwoods. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
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. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
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 totalling $5.9 m, across 5 lenders, median approval $223,000. 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 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Is Riverwoods in the National Flood Insurance Program?
Yes. Riverwoods appears in the FEMA Community Status Book as community 170387, carrying Community Rating System class 6, which is a premium discount for exceeding the programme 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 labelled 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?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.