Maywood, Illinois Income Statistics
Maywood 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.
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D
Maywood Well below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Maywood | Illinois Avg | US Average |
|---|---|---|---|
| Median Household Income | $69,656 | $84,042 | $80,455 |
| Median Personal Income | $48,998 | $64,565 | $60,758 |
| Average Yearly Income Growth | 5.8% | 4.5% | 4.8% |
| Six-Figure Earners | 5.2% | 15.0% | 13.9% |
| $200k+ Households | 6.4% | 13.8% | 13.2% |
The median household income in Maywood is about 17% lower than in Illinois. Income has been growing faster in Maywood (5.8%/yr) than in Illinois (4.5%/yr).
About 5% of adults in Maywood 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
Median household income in Maywood, Illinois grew by 38.7% from 2009 to 2024, reaching $69,656 in 2024. That's an average of about 5.8% per year.
Maywood has stayed well below the U.S. median household income in every year from 2009 to 2024 and has never reached it. The gap has widened from 1.8% in 2009, the closest it has been, to 13% in 2024.
Income Distribution in Maywood
How incomes are spread across brackets, compared with the U.S. Pick a range to count who falls in it.
Households by income, 2024
Income range calculator
About 2,350 households (32.5% of all households) have an income of $100,000 or more.
Across the U.S.: 40.2% of all households.
In 2024, 26.0% of households in Maywood had an income under $35,000 and 12.8% had $150,000 or more. Across the U.S., those shares were 21.6% and 22.8%.
Compared with the U.S., Maywood has a larger share of households earning $35,000 to $49,999 (13.5% vs 10.1%) and a smaller share earning $200,000 or more (6.4% vs 13.2%).
| Household income | Households | Share | U.S. share |
|---|---|---|---|
| Under $10,000 | 518 | 7.2% | 5.1% |
| $10,000 to $14,999 | 421 | 5.8% | 3.5% |
| $15,000 to $24,999 | 433 | 6.0% | 6.4% |
| $25,000 to $34,999 | 513 | 7.1% | 6.7% |
| $35,000 to $49,999 | 977 | 13.5% | 10.1% |
| $50,000 to $74,999 | 1,018 | 14.1% | 15.5% |
| $75,000 to $99,999 | 1,009 | 13.9% | 12.6% |
| $100,000 to $149,999 | 1,422 | 19.6% | 17.4% |
| $150,000 to $199,999 | 462 | 6.4% | 9.5% |
| $200,000 or more | 466 | 6.4% | 13.2% |
Shares are of all 7,239 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).
Residents 15+ by personal income, 2024
Income range calculator
About 933 residents (5.2% of residents aged 15 and over) have a personal income of $100,000 or more.
Across the U.S.: 13.9% of residents aged 15 and over.
That is 6.7% of residents who have any income.
In 2024, 22.3% of Maywood residents aged 15 and over reported no personal income, 27.6% had some income but less than $25,000, and 12.5% had $75,000 or more. Across the U.S., those shares were 12.8%, 28.7% and 22.0%.
Compared with the U.S., Maywood has a larger share of residents with no personal income (22.3% vs 12.8%) and a smaller share earning $100,000 or more (5.2% vs 13.9%).
| Personal income | Residents | Share | U.S. share |
|---|---|---|---|
| No income | 3,970 | 22.3% | 12.8% |
| $1 to $9,999 | 1,856 | 10.4% | 11.2% |
| $10,000 to $14,999 | 1,172 | 6.6% | 7.0% |
| $15,000 to $24,999 | 1,891 | 10.6% | 10.5% |
| $25,000 to $34,999 | 1,460 | 8.2% | 9.5% |
| $35,000 to $49,999 | 2,443 | 13.7% | 12.6% |
| $50,000 to $74,999 | 2,785 | 15.6% | 14.3% |
| $75,000 to $99,999 | 1,290 | 7.2% | 8.2% |
| $100,000 or more | 933 | 5.2% | 13.9% |
Shares are of the 17,799 residents aged 15 and over, the only people the Census Bureau asks about income, and include those who reported none. A share of the whole population would count children as people without income, while a share of earners alone would hide the 22.3% with no income; the calculator adds that second share whenever your range leaves out people with no income. Source: ACS 5-year estimates ending 2024 (table B19325).
Income Inequality and the Gender Pay Gap in Maywood
| Metric | Maywood | Illinois Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.566 | 0.547 | 0.552 |
| Male Median Income | $53,616 | $73,933 | $69,667 |
| Female Median Income | $52,958 | $60,067 | $56,850 |
| Gender Pay Gap | 1.2% | 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 Maywood, it is 0.566, higher than Illinois's 0.547, so income is less evenly distributed here than there, and higher than the US's 0.552, so income is less evenly distributed here than there.
Men's income is about 1% more than women's income in Maywood, Illinois. Over a 35-year career, a 1% wage gap accumulates to roughly $23,030 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Maywood, Illinois has narrowed from about 6% to 1% in 2024. Over that period the gap was widest at 13% in 2010, and in 2012 women out-earned men by 8%. In dollar terms, the gap has narrowed by $1,670 since 2009.
Employment
| Metric | Maywood | Illinois Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 7.8% | 5.8% | 5.2% |
| Working from Home | 12.8% | 15.9% | 15.0% |
| Commute time (minutes) | 30 | 23 | 22 |
Approximately 781 people are unemployed in Maywood, Illinois.
The average commute time in Maywood is 30 minutes, longer than the 23 minutes in Illinois.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Maywood, Illinois has fallen from 16.9% to 7.8% in 2024. Over that period the rate peaked at 19.7% in 2013.
Maywood has stayed well above the U.S. unemployment rate in every year from 2011 to 2024 and has never dropped below it. The gap has narrowed from 8.2 points in 2011 to 2.5 points in 2024, the closest it has been.
Maywood, IL Wealth Compared With Nearby Cities
How Maywood, 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. |
|---|---|---|---|---|---|
| Maywood, IL | 22,673 | $69,656 #1/2 | 5.8%/yr #1/2 | 7.8% #2/2 | 0.566 #2/2 |
| Melrose Park, IL | 25,390 | $68,933 | 4.6%/yr | 5.1% | 0.538 |
Conclusion
Considering all these factors, Maywood, Illinois has an overall wealth index grade of D, making it somewhat worse than Illinois, and somewhat worse than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Maywood, Illinois.
How Rich Is Maywood, Illinois?
Maywood has a wealth index grade of D. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a D grade means residents are somewhat worse off than the U.S. average. The median household income is $69,656, about 17% lower than the Illinois average of $84,042.
Are incomes growing in Maywood, Illinois?
Between 2009 and 2024, the median household income in Maywood, Illinois rose 39%, from $50,205 to $69,656. Over the same years, income here lagged behind Illinois as a whole: +39% against +52%.
What was the median household income in Maywood in 2023?
In 2023, the median household income in Maywood, Illinois was $67,292, up 6% from $63,466 in 2022. The Illinois median that year was $82,182.
What was the median household income in Maywood in 2020?
In 2020, the median household income in Maywood, Illinois was $56,108. By 2024 it had risen 24% to $69,656.
Is it hard to find a job in Maywood, Illinois?
Unemployment in Maywood, Illinois is 7.8%, well above the Illinois rate of 5.8%, so job seekers may face more competition than elsewhere.
What is the Gini coefficient in Maywood, Illinois?
The Gini coefficient in Maywood is 0.566. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is higher than the US average of 0.552, so income is distributed less equally than in the country overall.
How has the income gap between men and women changed in Maywood, Illinois?
Since 2009, the income gap between men and women in Maywood, Illinois has narrowed from about 6% to 1% in 2024. Over that period the gap was widest at 13% in 2010, and in 2012 women out-earned men by 8%. In dollar terms, the gap has narrowed by $1,670 since 2009.
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