Pros and Cons of Living In Park Ridge, Illinois. Is Park Ridge, IL a Nice Place To Live or Retire?

FIND OUT MORE DETAILS

Park Ridge, Illinois

Moving to Park Ridge In Illinois ? Is Park Ridge, IL a Nice Place To Live? Pros and Cons of Living in Park Ridge, Illinois. Find out the best and worst about to live, raise a family or retire in Park Ridge.

DEMOGRAPHICS

Population
37431
Unemployment
3.2%
32% NAT AVG.
Poverty
3.9%
72% NAT AVG.
Cost Of Living
131
31% NAT AVG.

ECONOMICS

Median Home Cost
$451200
96% NAT AVG.
Median Income
$113809
69% NAT AVG.
Median Rent
$1360
17% NAT AVG.
Overall Score
10

CRIME REPORT

SOCIO-ECONOMICS

People Living Below BPL
1 in 26
Unemployed People
1 in 31
People Earning < $10,000
1 in 29
People Earning < $50,000
20.8%
People With Any Degree
1 in 1.5

ETHNICITY

Ethnicity Park Ridge USA
White 85.8% 60.1%
African American 0.7% 12.2%
American Indian 0% 0.6%
Asian 5.9% 5.6%
Hawaiian 0% 0.2%
Multiracial 2% 2.8%
Hispanic 5.3% 18.2%
Other 0.2% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Park Ridge USA
Less than $10,000 3.4% 5.8%
$10,000 to $14,999 1.3% 4.1%
$15,000 to $24,999 5.4% 8.5%
$25,000 to $34,999 3.5% 8.6%
$35,000 to $49,999 7.2% 12.0%
$50,000 to $74,999 12.1% 17.2%
$75,000 to $99,999 11.7% 12.8%
$100,000 to $149,999 17.4% 15.6%
$150,000 to $199,999 13.5% 7.1%

EDUCATION

Education Park Ridge USA
< 9th Grade 2% 5.0%
9-12th Grade 2% 7.0%
High School or GED 13% 27.0%
Other College 15% 20.0%
Associate's Degree 6% 9%
Bachelor's Degree 37% 20.0%
Master's Degree 18% 9.0%
Professional Degree 5% 2.0%
Doctorate Degree 2% 1.0%
Park Ridge is a city in Illinois state in USA with a population of 37431 residents.. The poverty rate of Park Ridge is 3.9%, which is 72% lower than national average. The typical household in Park Ridge earns $113809 a year, compared to the national median of $67,500. Nearly 20.8% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Park Ridge remained 3.2%, which is 32% lower than national rate.

Cost of living in Park Ridge is 131, which is 31% higher than national average. In Park Ridge, only 62% of adults have a bachelor's degree and 21% have some college but no degree. Median home value in Park Ridge is $451200 , which is 96% higher than national average. While median income in Park Ridge remained $113809, which is 69% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.
Park Ridge Scorecard

Jobs90%

Housing90%

Affordability80%

Safety90%

Amenities95%

Diversity60%

Education90%

THANKS FOR READING

Read this story and other stories in details on our Website.
FIND OUT MORE DETAILS