Park Ridge, IL
Population 39,241 · Illinois
About Park Ridge, IL
Park Ridge is a mid-sized city in Illinois with a population of 39,241 residents. The median household income is $138,059 per year, which is above the national average. The median age in Park Ridge is 44.5 years.
Housing in Park Ridge has a median home value of $539,300 and median monthly rent of $1,511. Of the 16,013 total housing units, the majority are owner-occupied, with 12,943 owner-occupied and 2,236 renter-occupied units.
The unemployment rate in Park Ridge is 3.7% and the poverty rate is 3.5%. 65.1% of residents hold a bachelor's degree or higher. The average commute time is 28.2 minutes.
How Park Ridge Ranks in Illinois
Cost of Living in Park Ridge, IL
Compared to national averages, Park Ridge has a median household income of $138,059 (84% above the national median of $75,149). Home values average $539,300, which is 120% above the national median. Monthly rent at $1,511 is 30% above the US average of $1,163. Within Illinois, Park Ridge's income is 84% above the state average of $75,072, and home values are 225% above the state median of $165,779.
Why Live in Park Ridge, IL?
Park Ridge offers a strong local economy with a median household income of $138,059, well above the national average, and a well-educated community where 65.1% of residents hold a bachelor’s degree or higher, and a low poverty rate of 3.5%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $539,300. However, Park Ridge’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Park Ridge has a population of 39,241 with a median age of 44.5 years. Compare Park Ridge with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Park Ridge
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Quincy | 39,188 | $56,372 | $146,100 | Compare |
| Carol Stream | 39,427 | $105,395 | $308,700 | Compare |
| Streamwood | 39,055 | $101,049 | $258,300 | Compare |
| Wheeling | 38,495 | $83,251 | $244,600 | Compare |
| Urbana | 38,447 | $45,854 | $186,300 | Compare |
| Crystal Lake | 40,436 | $105,428 | $287,400 | Compare |
| DeKalb | 40,464 | $46,564 | $202,900 | Compare |
| Bartlett | 40,531 | $130,479 | $350,500 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Illinois
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Park Ridge
What is the population of Park Ridge, IL?
The population of Park Ridge, IL is 39,241 according to the latest Census data.
What is the median household income in Park Ridge?
The median household income in Park Ridge, IL is $138,059 per year.
What is the median home value in Park Ridge?
The median home value in Park Ridge, IL is $539,300.
What is the average rent in Park Ridge?
The median monthly rent in Park Ridge, IL is $1,511.
What is the unemployment rate in Park Ridge?
The unemployment rate in Park Ridge, IL is 3.7%.