Riverton, IL
Population 3,506 · Illinois
About Riverton, IL
Riverton is a small town located in Illinois with a population of 3,506 residents according to the latest US Census Bureau American Community Survey data. The median household income is $75,527 per year, which is 1% above the national median of $75,149. The median age of 48.2 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 Riverton features a median home value of $140,000, which is 43% below the national median of $244,900. This makes Riverton one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $1,035, 11% below the national average of $1,163/month. Of the 1,790 total housing units, 62% are owner-occupied (983 units) and 38% are renter-occupied (598 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Riverton shows an unemployment rate of 2.1%, 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 Riverton have an average one-way commute time of 23.9 minutes.
Education & Demographics
12.2% of Riverton residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 1.5% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 1.1% of the population being foreign-born.
Cost of Living in Riverton, IL
Compared to national averages, Riverton has a median household income of $75,527 (1% above the national median of $75,149). Home values average $140,000, which is 43% below the national median. Monthly rent at $1,035 is 11% below the US average of $1,163. Within Illinois, Riverton's income is 1% above the state average of $75,072, and home values are 16% below the state median of $165,779.
Why Live in Riverton, IL?
Riverton offers a strong local economy with a median household income of $75,527, well above the national average, and affordable housing with a median home value of $140,000, below the US average of $244,900, and rent that’s lower than the national average at $1,035/month. Additionally, the city features a strong job market with an unemployment rate of just 2.1%, and a low poverty rate of 9.0%, better than the national average, and short commute times averaging just 23.9 minutes.
Riverton has a population of 3,506 with a median age of 48.2 years. Compare Riverton with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Riverton
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Smithton | 3,512 | $114,453 | $251,600 | Compare |
| New Baden | 3,493 | $77,542 | $160,600 | Compare |
| Hainesville | 3,524 | $126,125 | $218,500 | Compare |
| Wadsworth | 3,535 | $121,583 | $377,900 | Compare |
| Tolono | 3,546 | $79,333 | $207,200 | Compare |
| Fulton | 3,457 | $42,452 | $124,400 | Compare |
| Westville | 3,442 | $52,809 | $98,800 | Compare |
| Germantown Hills | 3,425 | $141,719 | $265,300 | 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 Riverton With Other Cities
Frequently Asked Questions about Riverton
What is the population of Riverton, IL?
The population of Riverton, IL is 3,506 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Illinois.
What is the median household income in Riverton?
The median household income in Riverton, IL is $75,527 per year, which is 1% above the national median of $75,149.
What is the median home value in Riverton?
The median home value in Riverton, IL is $140,000, which is 43% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Riverton?
The median monthly rent in Riverton, IL is $1,035, which is 11% below the national average of $1,163/month.
What is the unemployment rate in Riverton?
The unemployment rate in Riverton, IL is 2.1%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Riverton, IL a good place to live?
Riverton offers above-average incomes, affordable housing, and a strong job market. With a population of 3,506 and a median age of 48.2, the city appeals to established professionals and retirees.
How educated is Riverton, IL?
12.2% of residents in Riverton 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 Riverton?
Key cost-of-living indicators for Riverton, IL: median home value is $140,000 (43% below national), median rent is $1,035/month, and median household income is $75,527. The home-value-to-income ratio is 1.9x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Riverton?
The poverty rate in Riverton, 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 Riverton, IL?
Riverton's population is 1.5% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 1.1% of residents are foreign-born.