Ringwood, IL
Population 778 · Illinois
About Ringwood, IL
Ringwood is a small community located in Illinois with a population of 778 residents according to the latest US Census Bureau American Community Survey data. The median household income is $157,500 per year, which is 110% above the national median of $75,149. The median age of 47.9 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Ringwood features a median home value of $364,700, which is 49% above the national median of $244,900. This positions Ringwood in a moderately priced market relative to the rest of the country. Median monthly rent is $1,021, 12% below the national average of $1,163/month. Of the 286 total housing units, 93% are owner-occupied (255 units) and 7% are renter-occupied (19 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Ringwood shows an unemployment rate of 3.1%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 9.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Ringwood have an average one-way commute time of 33.9 minutes.
Education & Demographics
31.7% of Ringwood 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 3.3% White, 0.1% Hispanic or Latino, 0.0% Black or African American, and 0.6% Asian residents, with 0.9% of the population being foreign-born.
How Ringwood Ranks in Illinois
Cost of Living in Ringwood, IL
Compared to national averages, Ringwood has a median household income of $157,500 (110% above the national median of $75,149). Home values average $364,700, which is 49% above the national median. Monthly rent at $1,021 is 12% below the US average of $1,163. Within Illinois, Ringwood's income is 110% above the state average of $75,072, and home values are 120% above the state median of $165,779.
Why Live in Ringwood, IL?
Ringwood offers a strong local economy with a median household income of $157,500, well above the national average, and rent that’s lower than the national average at $1,021/month, and a strong job market with an unemployment rate of just 3.1%. Additionally, the city features a low poverty rate of 9.0%, better than the national average.
Ringwood has a population of 778 with a median age of 47.9 years. Compare Ringwood with other cities to see how it stacks up, or explore all cities in Illinois.
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Ringwood
What is the population of Ringwood, IL?
The population of Ringwood, IL is 778 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Illinois.
What is the median household income in Ringwood?
The median household income in Ringwood, IL is $157,500 per year, which is 110% above the national median of $75,149.
What is the median home value in Ringwood?
The median home value in Ringwood, IL is $364,700, which is 49% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Ringwood?
The median monthly rent in Ringwood, IL is $1,021, which is 12% below the national average of $1,163/month.
What is the unemployment rate in Ringwood?
The unemployment rate in Ringwood, IL is 3.1%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Ringwood, IL a good place to live?
Ringwood offers above-average incomes, a competitive housing market, and a strong job market. With a population of 778 and a median age of 47.9, the city appeals to established professionals and retirees.
How educated is Ringwood, IL?
31.7% of residents in Ringwood 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 Ringwood?
Key cost-of-living indicators for Ringwood, IL: median home value is $364,700 (49% above national), median rent is $1,021/month, and median household income is $157,500. The home-value-to-income ratio is 2.3x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Ringwood?
The poverty rate in Ringwood, 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 Ringwood, IL?
Ringwood's population is 3.3% White, 0.1% Hispanic or Latino, 0.0% Black or African American, 0.6% Asian, and 4.4% two or more races. 0.9% of residents are foreign-born.