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Park Ridge, Illinois Demographics & Population 2026

During the 2020–2024 ACS period, Park Ridge, Illinois had a total population of 38,667, the 46th largest city in Illinois, with a median household income of $142,986, which is 71% higher than the state average. The poverty rate is 2.9%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Park Ridge Quick Facts

Population 38,667
Median Household Income $142,986
Median Home Value $551,200
Poverty Rate 2.9%
Unemployment Rate 4.2%
Median Age 44.4 years
Homeownership Rate 84.8%
Affordability Ratio 3.9x
Bachelor's Degree or Higher 66.1%
High School Graduation Rate 96.6%
Diversity Index 31/100
Population 38,667 46th of 1,445
Median Income $142,986 top 10%
Poverty Rate 2.9% 77% lower than national
Median Home Value $551,200 top 10%

How Park Ridge Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population39,24138,667-1.5%
Median household income$138,059$142,986+3.6%
Median home value$539,300$551,200+2.2%

How Park Ridge Compares

Economy & Housing

Household Income Distribution

Under $25K 8.0%
$25K-$50K 7.6%
$50K-$100K 20.1%
$100K+ 64.4%
Detailed income brackets
Under $10K
2.7%
$10K-$15K
1.0%
$15K-$20K
1.4%
$20K-$25K
2.8%
$25K-$30K
1.1%
$30K-$35K
1.7%
$35K-$40K
1.5%
$40K-$45K
2.0%
$45K-$50K
1.4%
$50K-$60K
4.0%
$60K-$75K
6.1%
$75K-$100K
9.9%
$100K-$125K
10.4%
$125K-$150K
5.2%
$150K-$200K
9.9%
$200K+
38.9%

Employment

4.2% Unemployment Rate State: 5.8%|National: 5.2%
68.5% Labor Force Participation

Housing Overview

Owner 84.8%
Renter 15.2%
Affordability Index Affordable
3.9x home value to income ratio
Median gross rent $1,537/mo 12.9% of median household income annually

People & Demographics

Diversity Index

31out of 100
Low Diversity

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

State average: 61 | National average: 61

Education

Park Ridge Rankings in Illinois

#46 Population of 1,445
#65 Median Income of 1,374
#52 Education of 1,444
#37 Home Value of 1,372

Other Cities in Cook County

CityPopulationMedian IncomePovertyHome Value
Chicago 2,711,226 $77,902 16.8% $334,100
Elgin 114,934 $90,282 9.8% $273,000
Cicero 82,797 $70,842 14.6% $249,400
Schaumburg 76,868 $97,514 5.7% $330,400
Evanston 76,340 $96,434 11.8% $481,200
Arlington Heights 76,005 $116,723 6.0% $414,500
Palatine 66,293 $97,819 8.2% $355,600
Skokie 66,219 $95,337 9.7% $387,200
Des Plaines 59,156 $97,875 6.0% $335,600
Orland Park 57,916 $98,910 7.3% $367,200

Cities Similar to Park Ridge

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Bartlett40,501$133,240$375,70049.5%4.2%
Oswego36,375$123,792$344,50044.3%2.6%
Buffalo Grove42,891$129,395$412,30068.7%7.2%
Northbrook34,585$157,782$652,30072.6%4.3%
Streamwood39,001$101,218$271,20027.8%10.2%

Population Overview

Park Ridge is a mid-sized community located in Illinois, within Cook County. The total population is 38,667. It ranks as the 46th most populous out of 1,445 Census-designated places in Illinois.

Age Demographics

The median age in Park Ridge is 44.4 years. This is 14% higher than the state median of 39.0 years.

Economy, Income & Housing

The median household income in Park Ridge is $142,986. This is 71% higher than the state median of $83,390. It is also 77% higher than the national median of $80,734. The poverty rate stands at 2.9%. This is 75% lower than the state poverty rate of 11.8%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 4.2%. This is 28% lower than the state rate of 5.8%. The median home value is $551,200. Housing costs are 109% higher than the state median of $263,300. The home-value-to-income ratio is 3.9x. 84.8% of occupied housing units are owner-occupied. This homeownership rate is 26% higher than the state average of 67.1%.

Race & Ethnicity

The largest racial or ethnic group in Park Ridge is White (non-Hispanic), making up 82.3% of the population. Hispanic or Latino residents account for 7.5%. The Black or African American population (0.7%) is well below the state average of 13.3%. The Hispanic or Latino population (7.5%) is well below the state average of 18.8%.

Education

66.1% of residents aged 25 and older hold a bachelor's degree or higher. This places Park Ridge in the top 10% of all cities in the state for educational attainment. This is 75% higher than the state rate of 37.9%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 96.6%. Notably, 27.2% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Park Ridge, Illinois is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. 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. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Park Ridge, Illinois?

Park Ridge, Illinois has a population of 38,667 according to the most recent U.S. Census ACS 5-Year Estimates.

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

The median household income in Park Ridge is $142,986, which is 77% higher than the national median of $80,734.

What is the poverty rate in Park Ridge, IL?

The poverty rate in Park Ridge is 2.9%. This means approximately 1,110 residents live below the federal poverty line.

What is the racial makeup of Park Ridge, Illinois?

Park Ridge's population is 82.3% White, 0.7% Black, 7.5% Hispanic/Latino, and 6.3% Asian.

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

The median home value in Park Ridge is $551,200. The home-value-to-income ratio is 3.9x.

How educated is Park Ridge, Illinois?

66.1% of adults (25+) in Park Ridge hold a bachelor's degree or higher, and 27.2% hold a graduate or professional degree.