Wealth Index
The wealth index reflects the overall economic prosperity and financial well-being of a county's residents based on income levels, employment rates, and income inequality metrics.
Income Statistics Overview
| Metric | Glenview | Illinois Avg | US Average |
|---|---|---|---|
| Median Household Income | $129,445 | $82,179 | $78,145 |
| Median Personal Income | $110,533 | $65,365 | $61,726 |
| Average income growth | 4.6% | 4.8% | 5.1% |
| Six-Figure Earners | 30.2% | 14.4% | 13.2% |
The median household income in Glenview is about 58% higher than in Illinois. Income has been growing slower in Glenview (4.6%/yr) than in Illinois (4.8%/yr).
About 30% of adults in Glenview earn six figures ($100,000 or more) a year, higher than the Illinois average of 14%.
Median Household Income 2009–2023 Trend
Median Household Income Over Time
Median household income in Glenview, Illinois grew by 35.8% from 2009 to 2023, reaching $129,445 in 2023. That's an average of about 4.6% per year.
Economic Inequality in Glenview | Gender Pay Gap | Gini Coefficient
| Metric | Glenview | Illinois Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.566 | 0.567 | 0.570 |
| Male Median Income | $117,439 | $72,139 | $67,746 |
| Female Median Income | $98,087 | $58,023 | $54,793 |
| Gender Pay Gap | 16.5% | 19.6% | 19.1% |
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 Glenview, it is 0.566, about the same as Illinois's 0.567, so income here is about as evenly distributed as there, and about the same as the US's 0.570, so income here is about as evenly distributed as there.
Men's income is about 20% more than women's income in Glenview, Illinois. Over a 35-year career, a 20% wage gap accumulates to roughly $677,320 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Glenview, Illinois has narrowed from about 32% to 16% in 2023. In dollar terms, the gap has narrowed by $6,400 since 2009.
Employment
| Metric | Glenview | Illinois Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.0% | 5.8% | 5.2% |
| Working from Home | 20.0% | 14.0% | 13.4% |
| Commute time (minutes) | 25 | 23 | 22 |
Approximately 926 people are unemployed in Glenview, Illinois.
The average commute time in Glenview is 25 minutes, longer than the 23 minutes in Illinois.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Glenview, Illinois has fallen from 4.9% to 4.0% in 2023.
Conclusion
Considering all these factors, Glenview, Illinois has an overall wealth index grade of A, making it notably better than Illinois, and notably better than the country as a whole.
Glenview, IL Wealth Compared With Nearby Cities
Glenview, IL is the largest of the 4 cities compared here, 46,451 residents against a local median of 26,538. Where Glenview, IL breaks from the cities next to it is median household income, sitting 25% above the local median of $103,726 at $129,445. That is the better end of the local range on this measure.
Unemployment tells the same story from another angle: 4.0% against a local median of 4.8%, 18% below it. Every measure here with a clear better direction points the same way, so Glenview, IL is not trading one advantage for another, it reads stronger than its neighbours across the board. The cities themselves spread $71,730 on median household income, so Glenview, IL sits at one end of an already wide local range rather than apart from it. Glenview, IL has the 2nd highest median household income of the 4 areas compared here.
| Area | Population | Median household income | Unemployment | Income inequality |
|---|---|---|---|---|
| Glenview, IL | 46,451 | $129,445 #2/4 | 4.0% #2/4 | 0.6 #3/4 |
| Northbrook, IL | 30,197 | $157,208 | 3.1% | 0.5 |
| Morton Grove, IL | 23,502 | $103,726 | 4.8% | 0.6 |
| Niles, IL | 26,538 | $85,477 | 7.0% | 0.6 |
Frequently Asked Questions
Common questions about income and wealth in Glenview, Illinois.
How Rich Is Glenview, Illinois?
Glenview 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 $129,445, about 58% higher than the Illinois average of $82,179.
What is the current median household income in Glenview, Illinois?
As of 2023, the median household income in Glenview, Illinois is $129,445.
What was the median household income in Glenview in 2023?
In 2023, the median household income in Glenview, Illinois was $129,445.
What was the median household income in Glenview in 2020?
In 2020, the median household income in Glenview, Illinois was $110,904.
What is the Gini coefficient in Glenview, Illinois?
The Gini coefficient in Glenview is 0.566. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is almost the same as the US average of 0.570, so income is distributed about as equally as in the country overall.
How has the income gap between men and women changed in Glenview, Illinois?
Since 2009, the income gap between men and women in Glenview, Illinois has narrowed from about 32% to 16% in 2023. In dollar terms, the gap has narrowed by $6,400 since 2009.