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Park Ridge city, Illinois Demographics & Population 2026

As of 2026, Park Ridge city, Illinois has a total population of 39,241, the 43rd largest city in Illinois, with a median household income of $138,059, which is 69% higher than the state average. The poverty rate is 3.5%.

Key Takeaways

Park Ridge city Quick Facts

Population 39,241
Median Household Income $138,059
Median Home Value $539,300
Poverty Rate 3.5%
Unemployment Rate 3.7%
Median Age 44.5 years
Homeownership Rate 85.3%
Affordability Ratio 3.9x
Bachelor's Degree or Higher 65.1%
High School Graduation Rate 96.8%
Diversity Index 30/100
Population 39,241 43rd of 1,445
Median Income $138,059 top 10%
Poverty Rate 3.5% 72% lower national
Median Home Value $539,300 top 10%

How Park Ridge city Compares

Economy & Housing

Employment

3.7% Unemployment Rate State: 5.8% | National: 5.2%
66.8% Labor Force Participation

Housing Overview

Owner 85.3%
Renter 14.7%
Affordability Index Affordable
3.9x home value to income ratio

People & Demographics

Diversity Index

30out of 100
Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 60 | National average: 60

Education

Park Ridge city Rankings in Illinois

#43 Population of 1,445
#67 Median Income of 1,445
#53 Education of 1,445
#37 Home Value of 1,445

Cities Similar to Park Ridge city

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Bartlett village40,531$130,479$350,50048.5%2.7%
Buffalo Grove village42,824$129,820$392,90066.6%6.5%
Carol Stream village39,427$105,395$308,70043.8%7.0%
Streamwood village39,055$101,049$258,30029.1%9.7%
Crystal Lake city40,436$105,428$287,40042.0%6.1%

Population Overview

Park Ridge city is a mid-sized community located in Illinois. The total population is 39,241. It ranks as the 43rd most populous out of 1,445 cities and towns in Illinois.

Age Demographics

The median age in Park Ridge city is 44.5 years. This is 14% higher than the state median of 38.9 years.

Economy, Income & Housing

The median household income in Park Ridge city is $138,059. This is 69% higher than the state median of $81,702. Compared to the national median of $78,538, household income here is 76% higher. The poverty rate stands at 3.5%. This is 70% lower than the state poverty rate of 11.7%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 3.7%. This is 36% lower than the state rate of 5.8%. The median home value is $539,300. Housing costs are 115% higher than the state median of $250,500. The home-value-to-income ratio is 3.9x. 85.3% of occupied housing units are owner-occupied. This homeownership rate is 28% higher than the state average of 66.8%.

Race & Ethnicity

The largest racial or ethnic group in Park Ridge city is White (non-Hispanic), making up 82.8% of the population. Asian residents account for 7.1%. The Black or African American population (1.0%) is well below the state average of 13.6%. The Hispanic or Latino population (6.0%) is well below the state average of 18.5%.

Education

65.1% of residents aged 25 and older hold a bachelor's degree or higher. This places Park Ridge city in the top 10% of all cities in the state for educational attainment. This is 75% higher than the state rate of 37.2%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 96.8%. Notably, 26.7% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Park Ridge city, Illinois is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Illinois state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,445 Census-designated places in Illinois. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Park Ridge city, Illinois?

Park Ridge city, Illinois has a population of 39,241 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Park Ridge city, IL?

The median household income in Park Ridge city is $138,059, which is 76% higher the national median of $78,538.

What is the poverty rate in Park Ridge city, IL?

The poverty rate in Park Ridge city is 3.5%. This means approximately 1,371 residents live below the federal poverty line.

What is the racial makeup of Park Ridge city, Illinois?

Park Ridge city's population is 82.8% White, 1.0% Black, 6.0% Hispanic/Latino, and 7.1% Asian.

What is the median home value in Park Ridge city, IL?

The median home value in Park Ridge city is $539,300. The home-value-to-income ratio is 3.9x.

How educated is Park Ridge city, Illinois?

65.1% of adults (25+) in Park Ridge city hold a bachelor's degree or higher, and 26.7% hold a graduate or professional degree.