Richton Park, IL
Population 12,576 · Illinois
About Richton Park, IL
Richton Park is a mid-sized city located in Illinois with a population of 12,576 residents according to the latest US Census Bureau American Community Survey data. The median household income is $71,724 per year, which is 5% below the national median of $75,149. The median age of 41.5 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Richton Park features a median home value of $200,400, which is 18% below the national median of $244,900. This positions Richton Park in a moderately priced market relative to the rest of the country. Median monthly rent is $1,313, 13% above the national average of $1,163/month. Of the 5,427 total housing units, 51% are owner-occupied (2,620 units) and 49% are renter-occupied (2,546 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Richton Park shows an unemployment rate of 12.0%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 9.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Richton Park have an average one-way commute time of 32.3 minutes.
Education & Demographics
30.5% of Richton Park residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 1.1% White, 0.3% Hispanic or Latino, 0.1% Black or African American, and 0.6% Asian residents, with 3.0% of the population being foreign-born.
Cost of Living in Richton Park, IL
Compared to national averages, Richton Park has a median household income of $71,724 (5% below the national median of $75,149). Home values average $200,400, which is 18% below the national median. Monthly rent at $1,313 is 13% above the US average of $1,163. Within Illinois, Richton Park's income is 4% below the state average of $75,072, and home values are 21% above the state median of $165,779.
Why Live in Richton Park, IL?
Richton Park offers affordable housing with a median home value of $200,400, below the US average of $244,900, and a low poverty rate of 9.0%, better than the national average.
Potential considerations include median household income ($71,724) that falls below the national average. However, Richton Park’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Richton Park has a population of 12,576 with a median age of 41.5 years. Compare Richton Park with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Richton Park
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Northlake | 12,547 | $77,564 | $242,400 | Compare |
| Minooka | 12,632 | $122,163 | $288,600 | Compare |
| Rantoul | 12,515 | $49,821 | $109,200 | Compare |
| Winnetka | 12,508 | $250,001 | $1,206,300 | Compare |
| Justice | 12,372 | $58,514 | $235,200 | Compare |
| Kewanee | 12,280 | $49,668 | $70,000 | Compare |
| Streator | 12,274 | $54,953 | $88,000 | Compare |
| Herrin | 12,271 | $58,501 | $109,100 | 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.
Compare Richton Park With Other Cities
Frequently Asked Questions about Richton Park
What is the population of Richton Park, IL?
The population of Richton Park, IL is 12,576 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Illinois.
What is the median household income in Richton Park?
The median household income in Richton Park, IL is $71,724 per year, which is 5% below the national median of $75,149.
What is the median home value in Richton Park?
The median home value in Richton Park, IL is $200,400, which is 18% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Richton Park?
The median monthly rent in Richton Park, IL is $1,313, which is 13% above the national average of $1,163/month.
What is the unemployment rate in Richton Park?
The unemployment rate in Richton Park, IL is 12.0%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Richton Park, IL a good place to live?
Richton Park offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 12,576 and a median age of 41.5, the city appeals to a broad range of residents.
How educated is Richton Park, IL?
30.5% of residents in Richton Park aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Richton Park?
Key cost-of-living indicators for Richton Park, IL: median home value is $200,400 (18% below national), median rent is $1,313/month, and median household income is $71,724. The home-value-to-income ratio is 2.8x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Richton Park?
The poverty rate in Richton Park, IL is 9.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Richton Park, IL?
Richton Park's population is 1.1% White, 0.3% Hispanic or Latino, 0.1% Black or African American, 0.6% Asian, and 87.5% two or more races. 3.0% of residents are foreign-born.