The median household income in River Forest, IL, is $148,711.
This figure provides insight into the typical earnings within the village, reflecting data from 2019-2023 and presented in 2023 dollars.
Income Overview in River Forest, IL
The economic profile of River Forest indicates a strong financial standing for its residents. Key income metrics include:
| Metric | Value |
|---|---|
| Median household income (2019-2023, in 2023 dollars) | $148,711 |
| Per capita income (past 12 months, 2019-2023, in 2023 dollars) | $92,547 |
- Median Household Income: This represents the income level that divides all households into two equal groups—half earning more than this amount and half earning less. It serves as a robust indicator of the economic midpoint for households in the area, offering a clear view of typical earnings.
- Per Capita Income: This metric reflects the average income per person in River Forest, providing a broader view of individual financial standing within the community.
Additionally, the village maintains a notably low poverty rate, with only 2.2% of its residents living in poverty. These figures collectively illustrate the economic prosperity prevalent in River Forest.
