Berwyn, Illinois Income Statistics

Berwyn Wealth Score

The wealth index reflects the overall economic prosperity and financial well-being of an area's residents based on income levels, employment rates, and income inequality metrics.

  • C
    Berwyn Below average

Source: Map AI Methodology

Income Statistics Overview

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Metric Berwyn Illinois Avg US Average
Median Household Income $78,260 $84,042 $80,455
Median Personal Income $51,548 $64,565 $60,758
Average Yearly Income Growth 3.5% 4.5% 4.8%
Six-Figure Earners 8.6% 15.0% 13.9%
$200k+ Households 8.5% 13.8% 13.2%

The median household income in Berwyn is about 7% lower than in Illinois. Income has been growing slower in Berwyn (3.5%/yr) than in Illinois (4.5%/yr).

About 9% of adults in Berwyn earn six figures ($100,000 or more) a year, lower than the Illinois average of 15%.

Median Household Income 2009–2024 Trend

Median Household Income Over Time

Berwyn
United States

Median household income in Berwyn, Illinois grew by 59.6% from 2009 to 2024, reaching $78,260 in 2024. That's an average of about 3.5% per year.

Berwyn has been below the U.S. median household income in most years since 2009, but rose above it in 2013-2018 (as much as 7.7% higher). In 2024 its income was 2.7% lower.

Year Berwyn United States

Income Distribution in Berwyn

How incomes are spread across brackets, compared with the U.S. Pick a range to count who falls in it.

Households by income, 2024

Berwyn
United States

Income range calculator

About 8,024 households (39.2% of all households) have an income of $100,000 or more.

Across the U.S.: 40.2% of all households.

In 2024, 22.4% of households in Berwyn had an income under $35,000 and 18.0% had $150,000 or more. Across the U.S., those shares were 21.6% and 22.8%.

Compared with the U.S., Berwyn has a larger share of households earning $100,000 to $149,999 (21.2% vs 17.4%) and a smaller share earning $200,000 or more (8.5% vs 13.2%).

Household income Households Share U.S. share
Under $10,000 983 4.8% 5.1%
$10,000 to $14,999 251 1.2% 3.5%
$15,000 to $24,999 1,419 6.9% 6.4%
$25,000 to $34,999 1,941 9.5% 6.7%
$35,000 to $49,999 2,090 10.2% 10.1%
$50,000 to $74,999 3,222 15.7% 15.5%
$75,000 to $99,999 2,546 12.4% 12.6%
$100,000 to $149,999 4,333 21.2% 17.4%
$150,000 to $199,999 1,946 9.5% 9.5%
$200,000 or more 1,745 8.5% 13.2%

Shares are of all 20,476 households, one per occupied home whatever its size. Households with zero or negative income are counted in the lowest bracket. Source: ACS 5-year estimates ending 2024 (table B19001).

Income Inequality and the Gender Pay Gap in Berwyn

Metric Berwyn Illinois Avg US Average
Gini Coefficient 0.523 0.547 0.552
Male Median Income $59,509 $73,933 $69,667
Female Median Income $50,280 $60,067 $56,850
Gender Pay Gap 15.5% 18.8% 18.4%

The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Berwyn, it is 0.523, lower than Illinois's 0.547, so income is more evenly distributed here than there, and lower than the US's 0.552, so income is more evenly distributed here than there.

Men's income is about 18% more than women's income in Berwyn, Illinois. Over a 35-year career, a 18% wage gap accumulates to roughly $323,015 in unearned income for female workers in the area.

Income by Sex Over Time

Male
Female

The income gap between men and women in Berwyn, Illinois has stayed about the same since 2009, at around 16%. Over that period the gap was widest at 18% in 2014, and was narrowest at 9% in 2021. In dollar terms, the gap has widened by $2,560 since 2009.

Year Male Income Female Income Gap %

Employment

Metric Berwyn Illinois Avg US Average
Unemployment Rate 6.9% 5.8% 5.2%
Working from Home 12.2% 15.9% 15.0%
Commute time (minutes) 28 23 22

Approximately 2,166 people are unemployed in Berwyn, Illinois.

The average commute time in Berwyn is 28 minutes, longer than the 23 minutes in Illinois.

Unemployment Rate Over Time

Berwyn
United States

Since 2011, the unemployment rate in Berwyn, Illinois has fallen from 10.8% to 6.9% in 2024. Over that period the rate peaked at 12.7% in 2013 and fell as low as 4.2% in 2019.

Berwyn has been above the U.S. unemployment rate in most years since 2011, but dipped below it in 2019-2022 (as much as 1.2 points lower). In 2024 its rate was 1.7 points higher.

Year Berwyn United States

Berwyn, IL Wealth Compared With Nearby Cities

How Berwyn, IL compares with the 1 cities closest to it.

Area Population Median household income Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. Unemployment Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here.
Berwyn, IL 55,595 $78,260 #1/2 3.5%/yr #2/2 6.9% #2/2 0.523 #1/2
Cicero, IL 82,796 $71,023 6.5%/yr 4.9% 0.561

Conclusion

Considering all these factors, Berwyn, Illinois has an overall wealth index grade of C, making it about on par with Illinois, and about on par with the country as a whole.

Frequently Asked Questions

Common questions about income and wealth in Berwyn, Illinois.

How Rich Is Berwyn, Illinois?

Berwyn has a wealth index grade of C. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a C grade means residents are close to the U.S. average. The median household income is $78,260, about 7% lower than the Illinois average of $84,042.

How has median household income changed in Berwyn, Illinois?

Between 2009 and 2024, the median household income in Berwyn, Illinois rose 60%, from $49,038 to $78,260. Over the same years, income here outpaced Illinois as a whole: +60% against +52%.

What was the median household income in Berwyn in 2023?

In 2023, the median household income in Berwyn, Illinois was $75,252, up 5% from $71,728 in 2022. The Illinois median that year was $82,182.

What was the median household income in Berwyn in 2020?

In 2020, the median household income in Berwyn, Illinois was $61,975. By 2024 it had risen 26% to $78,260.

What is the Gini coefficient in Berwyn, Illinois?

The Gini coefficient in Berwyn is 0.523. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is lower than the US average of 0.552, so income is distributed more equally than in the country overall.

How has the income gap between men and women changed in Berwyn, Illinois?

The income gap between men and women in Berwyn, Illinois has stayed about the same since 2009, at around 16%. Over that period the gap was widest at 18% in 2014, and was narrowest at 9% in 2021. In dollar terms, the gap has widened by $2,560 since 2009.

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