Downers Grove, Illinois Income Statistics

Updated

Downers Grove 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.

  • A
    Downers Grove Above average

Source: Map AI Methodology

Income Statistics Overview

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Metric Downers Grove Illinois Avg US Average
Median Household Income $113,724 $84,042 $80,455
Median Personal Income $90,253 $64,565 $60,758
Average Yearly Income Growth 4.0% 4.5% 4.8%
Six-Figure Earners 26.1% 15.0% 13.9%
$200k+ Households 24.2% 13.8% 13.2%

The median household income in Downers Grove is about 35% higher than in Illinois. Income has been growing slower in Downers Grove (4.0%/yr) than in Illinois (4.5%/yr).

About 26% of adults in Downers Grove earn six figures ($100,000 or more) a year, higher than the Illinois average of 15%.

Median Household Income 2009–2024 Trend

Median Household Income Over Time

Downers Grove
United States

Median household income in Downers Grove, Illinois grew by 50.7% from 2009 to 2024, reaching $113,724 in 2024. That's an average of about 4.0% per year.

Downers Grove has been far above the U.S. median household income in every year from 2009 to 2024. The gap has narrowed from 48% in 2009 to 41% in 2024, the closest it has been.

Year Downers Grove United States

Income Distribution in Downers Grove

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

Households by income, 2024

Downers Grove
United States

Income range calculator

About 11,612 households (54.7% of all households) have an income of $100,000 or more.

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

In 2024, 15.0% of households in Downers Grove had an income under $35,000 and 37.5% had $150,000 or more. Across the U.S., those shares were 21.6% and 22.8%.

Compared with the U.S., Downers Grove has a larger share of households earning $200,000 or more (24.2% vs 13.2%) and a smaller share earning $35,000 to $49,999 (6.2% vs 10.1%).

Household income Households Share U.S. share
Under $10,000 866 4.1% 5.1%
$10,000 to $14,999 348 1.6% 3.5%
$15,000 to $24,999 1,218 5.7% 6.4%
$25,000 to $34,999 759 3.6% 6.7%
$35,000 to $49,999 1,319 6.2% 10.1%
$50,000 to $74,999 2,787 13.1% 15.5%
$75,000 to $99,999 2,315 10.9% 12.6%
$100,000 to $149,999 3,662 17.3% 17.4%
$150,000 to $199,999 2,807 13.2% 9.5%
$200,000 or more 5,144 24.2% 13.2%

Shares are of all 21,224 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 Downers Grove

Metric Downers Grove Illinois Avg US Average
Gini Coefficient 0.517 0.547 0.552
Male Median Income $106,904 $73,933 $69,667
Female Median Income $81,785 $60,067 $56,850
Gender Pay Gap 23.5% 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 Downers Grove, it is 0.517, 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 31% more than women's income in Downers Grove, Illinois. Over a 35-year career, a 31% wage gap accumulates to roughly $879,165 in unearned income for female workers in the area.

Income by Sex Over Time

Male
Female

Since 2009, the income gap between men and women in Downers Grove, Illinois has narrowed from about 25% to 23% in 2024. Over that period the gap was widest at 33% in 2019. In dollar terms, the gap has widened by $7,604 since 2009.

Year Male Income Female Income Gap %

Employment

Metric Downers Grove Illinois Avg US Average
Unemployment Rate 4.6% 5.8% 5.2%
Working from Home 23.4% 15.9% 15.0%
Commute time (minutes) 23 23 22

Approximately 1,293 people are unemployed in Downers Grove, Illinois.

The average commute time in Downers Grove is 23 minutes, about the same as in Illinois.

Unemployment Rate Over Time

Downers Grove
United States

Since 2011, the unemployment rate in Downers Grove, Illinois has fallen from 6.7% to 4.6% in 2024. Over that period the rate peaked at 7.9% in 2013 and fell as low as 3.9% in 2020.

Downers Grove has stayed below the U.S. unemployment rate in every year from 2011 to 2024 and has never risen above it. The gap has narrowed from 2.0 points in 2011 to 0.7 points in 2024, the closest it has been.

Year Downers Grove United States

Downers Grove, IL Wealth Compared With Nearby Cities

Downers Grove, IL is the largest of the 5 cities compared here, 51,779 residents against a local median of 22,993. There is no headline here. Every measure below sits within 15% of the median across the nearest cities, which makes Downers Grove, IL an unremarkable member of its own neighbourhood rather than an outlier in it.

The largest of those small differences is median household income, 9% above the local median at $113,724 against $104,177. Downers Grove, IL has the highest median household income of the 5 areas compared here.

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.
Downers Grove, IL 51,779 $113,724 #1/5 4.0%/yr #4/5 4.6% #3/5 0.517 #3/5
Westmont, IL 23,509 $103,949 5.3%/yr 3.8% 0.536
Darien, IL 21,208 $109,928 4.1%/yr 4.7% 0.498
Woodridge, IL 32,108 $100,684 3.4%/yr 4.5% 0.524
Lisle, IL 22,476 $104,405 4.5%/yr 4.8% 0.505

Conclusion

Considering all these factors, Downers Grove, Illinois has an overall wealth index grade of A, making it notably better than Illinois, and notably better than the country as a whole.

Frequently Asked Questions

Common questions about income and wealth in Downers Grove, Illinois.

How Rich Is Downers Grove, Illinois?

Downers Grove has a wealth index grade of A. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; an A grade means residents are much better off than the U.S. average. The median household income is $113,724, about 35% higher than the Illinois average of $84,042.

How fast is household income rising in Downers Grove, Illinois?

Between 2009 and 2024, the median household income in Downers Grove, Illinois rose 51%, from $75,454 to $113,724. Over the same years, income here kept pace with Illinois as a whole: +51% against +52%.

What was the median household income in Downers Grove in 2023?

In 2023, the median household income in Downers Grove, Illinois was $112,970, up 5% from $107,923 in 2022. The Illinois median that year was $82,182.

What was the median household income in Downers Grove in 2020?

In 2020, the median household income in Downers Grove, Illinois was $93,887. By 2024 it had risen 21% to $113,724.

Is Downers Grove, Illinois a high-income area?

Yes. 26% of adults in Downers Grove, Illinois earn $100,000 or more a year (about 1 in 4), against 15% (about 1 in 7) in Illinois. 24% of households have a combined income of $200,000 or more, compared with 14% in Illinois.

How strong is the job market in Downers Grove, Illinois?

Unemployment in Downers Grove, Illinois is only 4.6%, well below the Illinois rate of 5.8%, a sign of a tight labor market where employers compete for workers.

What is the Gini coefficient in Downers Grove, Illinois?

The Gini coefficient in Downers Grove is 0.517. 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 Downers Grove, Illinois?

Since 2009, the income gap between men and women in Downers Grove, Illinois has narrowed from about 25% to 23% in 2024. Over that period the gap was widest at 33% in 2019. In dollar terms, the gap has widened by $7,604 since 2009.

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