Ridgewood, IL
Population 2,997 · Illinois
About Ridgewood, IL
Ridgewood is a small community in Illinois with a population of 2,997 residents. The median household income is $96,334 per year, which is above the national average. The median age in Ridgewood is 31.6 years.
Housing in Ridgewood has a median home value of $142,400 and median monthly rent of $1,455. Of the 946 total housing units, the majority are owner-occupied, with 555 owner-occupied and 334 renter-occupied units.
The unemployment rate in Ridgewood is 6.4% and the poverty rate is 16.4%. 10.3% of residents hold a bachelor's degree or higher. The average commute time is 28.9 minutes.
Cost of Living in Ridgewood, IL
Compared to national averages, Ridgewood has a median household income of $96,334 (28% above the national median of $75,149). Home values average $142,400, which is 42% below the national median. Monthly rent at $1,455 is 25% above the US average of $1,163. Within Illinois, Ridgewood's income is 28% above the state average of $75,072, and home values are 14% below the state median of $165,779.
Why Live in Ridgewood, IL?
Ridgewood offers a strong local economy with a median household income of $96,334, well above the national average, and affordable housing with a median home value of $142,400, below the US average of $244,900.
Ridgewood has a population of 2,997 with a median age of 31.6 years. Compare Ridgewood with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Ridgewood
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Nashville | 2,991 | $61,753 | $146,500 | Compare |
| Ingalls Park | 2,970 | $55,268 | $143,800 | Compare |
| Dixmoor | 2,962 | $39,861 | $75,500 | Compare |
| Momence | 3,076 | $52,048 | $159,600 | Compare |
| Diamond | 2,900 | $60,000 | $211,500 | Compare |
| Galena | 2,899 | $55,765 | $199,700 | Compare |
| Winnebago | 2,896 | $82,813 | $180,300 | Compare |
| Georgetown | 3,105 | $56,781 | $70,500 | 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 Ridgewood
What is the population of Ridgewood, IL?
The population of Ridgewood, IL is 2,997 according to the latest Census data.
What is the median household income in Ridgewood?
The median household income in Ridgewood, IL is $96,334 per year.
What is the median home value in Ridgewood?
The median home value in Ridgewood, IL is $142,400.
What is the average rent in Ridgewood?
The median monthly rent in Ridgewood, IL is $1,455.
What is the unemployment rate in Ridgewood?
The unemployment rate in Ridgewood, IL is 6.4%.