Most Expensive River Forest Neighborhoods
River Forest is a somewhat small village located in the state of Illinois. With a population of 11,208 people and two constituent neighborhoods, River Forest is the 204th largest community in Illinois. River Forest has an unusually large stock of pre-World War II architecture, making it one of the older and more historic villages.
River Forest home prices are not only among the most expensive in Illinois, but River Forest real estate also consistently ranks among the most expensive in America.
River Forest is a decidedly white-collar village, with fully 92.92% of the workforce employed in white-collar jobs, well above the national average. Overall, River Forest is a village of professionals, managers and sales and office workers. There are especially a lot of people living in River Forest who work in management occupations (15.01%), sales jobs (12.39%) and office and administrative support (10.49%).
Also of interest is that River Forest has more people living here who work in computers and math than 95% of the places in the US.
Telecommuters are a relatively large percentage of the workforce: 9.97% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
In addition, River Forest is a college town. There are a lot of students in River Forest attending college, and as a result River Forest provides a number of services, amenities and opportunities geared to the needs and activities of students.
Because of many things, River Forest is a very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, River Forest really has some of the features that families look for when choosing a good community to raise children. Is River Forest perfect? Of course not, and if you like frenetic nightlife, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live.
In River Forest, however, the average commute to work is quite long. On average, people spend 31.91 minutes each day getting to work, which is significantly higher than the national average. One bright side is that local public transit is widely used, so it may be an option to avoid the headache of driving in the heavy traffic by leaving the car at home and taking transit. In addition, the village is also quite pedestrian-friendly, because many neighborhoods are very dense and have amenities close enough together that people find it feasible to get around on foot.
Despite being a small village, River Forest has a lot of people using the train to get to and from work every day. Most of these people on the train are using it to get to good jobs in other cities.
Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in River Forest. 72.27% of adults here have a 4-year degree or graduate degree, whereas the national average for all cities and towns is just 21.84%.
The per capita income in River Forest in 2010 was $63,342, which is wealthy relative to Illinois and the nation. This equates to an annual income of $253,368 for a family of four.
River Forest is a somewhat ethnically-diverse village. The people who call River Forest home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of River Forest residents report their race to be White, followed by Asian. Important ancestries of people in River Forest include Irish, German, English, Italian, Polish and Norwegian.
The most common language spoken in River Forest is English. Other important languages spoken here include Spanish and Chinese.
|RIVER FOREST INFORMATION||DETAILS|
|NUMBER OF HOMES AND APARTMENTS||3,895|
|RIVER FOREST HOME OWNERSHIP|
|% OWNER OCCUPIED||82.79%|
|% RENTER OCCUPIED||17.21%|
|TYPE OF RIVER FOREST HOMES|
|SINGLE FAMILY DETACHED||68.10%|
|ROWHOUSES AND ATTACHED HOMES||4.24%|
|SMALL APARTMENT BUILDINGS||6.84%|
|COMPLEXES OR HIGH RISE APARTMENTS||20.82%|
|SIZE OF RIVER FOREST HOMES|
|5 OR MORE BEDROOMS||12.12%|
|AGE OF RIVER FOREST HOMES|
|NEWER HOMES (2000 OR LATER)||3.11%|
|ESTABLISHED, BUT NOT OLD HOMES (1970-1999)||12.40%|
|WELL-ESTABLISHED, OLD HOMES (1940-1969)||35.04%|
|HISTORIC (1939 OR BEFORE)||49.45%|
|RIVER FOREST REAL ESTATE INFORMATION||DETAILS|
|MEDIAN HOME VALUE||$619,178|
|MEDIAN RENTAL PRICE||$1,363|
|HOME VALUE RANGE|
|$0 - $54,000||4.71%|
|$54,001 - $109,000||1.77%|
|$109,001 - $218,000||10.41%|
|$218,001 - $327,000||11.41%|
|$327,001 - $435,000||4.96%|
|$435,001 - $544,000||9.21%|
|$544,001 - $816,000||27.32%|
|$816,001 - $1,088,000||15.74%|
|PEOPLE OF RIVER FOREST||DETAILS|
|UNDER 5 YEARS||4.72%|
|5 TO 17||20.17%|
|18 TO 24||12.56%|
|25 TO 34||5.15%|
|35 TO 54||27.10%|
|55 TO 64||15.32%|
|65 YEARS AND OVER||14.99%|
|EDUCATIONAL ATTAINMENT OF ADULTS|
|HIGH SCHOOL GRADUATES||96.56%|
|MEDIAN HOUSEHOLD INCOME||$108,563|
|PER CAPITA INCOME||$63,342|
|INDIVIDUALS BELOW POVERTY LEVEL||4.21%|
|INDUSTRIES PEOPLE WORK IN||Education (15.41%)
Professional, scientific, and technical services (14.27%)
Public Service (2.88%)
Real estate (2.63%)
|BLACK OR AFRICAN AMERICAN||5.27%|
|AMERICAN INDIAN AND ALASKA NATIVE||0.12%|
|NATIVE HAWAIIAN AND OTHER PACIFIC ISLANDERS||0.00%|
|SOME OTHER RACE ALONE||1.15%|
|TWO OR MORE RACES||2.63%|
|HISPANIC OR LATINO (OF ANY RACE)||4.65%|
|ETHNICITIES PRESENT||Irish (26.27%)
|LANGUAGES SPOKEN||English (87.25%)
Indic languages (1.04%)
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