Romeoville, Illinois Income Statistics

Updated

Romeoville 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.

  • B
    Romeoville Around average

Source: Map AI Methodology

Income Statistics Overview

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Metric Romeoville Illinois Avg US Average
Median Household Income $102,094 $84,042 $80,455
Median Personal Income $57,154 $64,565 $60,758
Average Yearly Income Growth 4.7% 4.5% 4.8%
Six-Figure Earners 11.1% 15.0% 13.9%
$200k+ Households 10.5% 13.8% 13.2%

The median household income in Romeoville is about 21% higher than in Illinois. Income has been growing faster in Romeoville (4.7%/yr) than in Illinois (4.5%/yr).

About 11% of adults in Romeoville 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

Romeoville
United States

Median household income in Romeoville, Illinois grew by 60.4% from 2009 to 2024, reaching $102,094 in 2024. That's an average of about 4.7% per year.

Romeoville has stayed well above the U.S. median household income in every year from 2009 to 2024 and has never fallen below it. It came closest in 2011, at 24% higher. The gap has widened from 24% in 2009 to 27% in 2024.

Year Romeoville United States

Income Distribution in Romeoville

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

Households by income, 2024

Romeoville
United States

Income range calculator

About 6,200 households (51.1% of all households) have an income of $100,000 or more.

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

In 2024, 10.7% of households in Romeoville had an income under $35,000 and 24.5% had $150,000 or more. Across the U.S., those shares were 21.6% and 22.8%.

Compared with the U.S., Romeoville has a larger share of households earning $100,000 to $149,999 (26.6% vs 17.4%) and a smaller share earning under $10,000 (1.9% vs 5.1%).

Household income Households Share U.S. share
Under $10,000 236 1.9% 5.1%
$10,000 to $14,999 154 1.3% 3.5%
$15,000 to $24,999 401 3.3% 6.4%
$25,000 to $34,999 513 4.2% 6.7%
$35,000 to $49,999 947 7.8% 10.1%
$50,000 to $74,999 1,810 14.9% 15.5%
$75,000 to $99,999 1,882 15.5% 12.6%
$100,000 to $149,999 3,231 26.6% 17.4%
$150,000 to $199,999 1,699 14.0% 9.5%
$200,000 or more 1,271 10.5% 13.2%

Shares are of all 12,144 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 Romeoville

Metric Romeoville Illinois Avg US Average
Gini Coefficient 0.526 0.547 0.552
Male Median Income $66,437 $73,933 $69,667
Female Median Income $54,387 $60,067 $56,850
Gender Pay Gap 18.1% 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 Romeoville, it is 0.526, 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 22% more than women's income in Romeoville, Illinois. Over a 35-year career, a 22% wage gap accumulates to roughly $421,750 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 Romeoville, Illinois has narrowed from about 28% to 18% in 2024. Over that period the gap was widest at 29% in 2010, and was narrowest at 17% in 2021. In dollar terms, the gap has narrowed by $1,490 since 2009.

Year Male Income Female Income Gap %

Employment

Metric Romeoville Illinois Avg US Average
Unemployment Rate 5.0% 5.8% 5.2%
Working from Home 11.7% 15.9% 15.0%
Commute time (minutes) 30 23 22

Approximately 1,081 people are unemployed in Romeoville, Illinois.

The average commute time in Romeoville is 30 minutes, longer than the 23 minutes in Illinois.

Unemployment Rate Over Time

Romeoville
United States

Since 2011, the unemployment rate in Romeoville, Illinois has fallen from 9.2% to 5.0% in 2024. Over that period the rate peaked at 10.3% in 2013 and fell as low as 4.0% in 2020.

Romeoville has crossed the U.S. unemployment rate 3 times since 2011, most recently dropping below it by 2023. In 2024 its rate was 0.2 points lower.

Year Romeoville United States

Romeoville, IL Wealth Compared With Nearby Cities

How Romeoville, 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.
Romeoville, IL 36,499 $102,094 #2/2 4.7%/yr #1/2 5.0% #1/2 0.526 #1/2
Bolingbrook, IL 74,594 $107,929 3.7%/yr 5.7% 0.535

Conclusion

Considering all these factors, Romeoville, Illinois has an overall wealth index grade of B, making it somewhat better than Illinois, and somewhat better than the country as a whole.

Frequently Asked Questions

Common questions about income and wealth in Romeoville, Illinois.

How Rich Is Romeoville, Illinois?

Romeoville has a wealth index grade of B. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a B grade means residents are quite well off compared to the U.S. average. The median household income is $102,094, about 21% higher than the Illinois average of $84,042.

How fast is household income rising in Romeoville, Illinois?

Between 2009 and 2024, the median household income in Romeoville, Illinois rose 60%, from $63,647 to $102,094. Over the same years, income here outpaced Illinois as a whole: +60% against +52%.

What was the median household income in Romeoville in 2023?

In 2023, the median household income in Romeoville, Illinois was $97,423, up 2% from $95,533 in 2022. The Illinois median that year was $82,182.

What was the median household income in Romeoville in 2020?

In 2020, the median household income in Romeoville, Illinois was $85,355. By 2024 it had risen 20% to $102,094.

What is the Gini coefficient in Romeoville, Illinois?

The Gini coefficient in Romeoville is 0.526. 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 Romeoville, Illinois?

Since 2009, the income gap between men and women in Romeoville, Illinois has narrowed from about 28% to 18% in 2024. Over that period the gap was widest at 29% in 2010, and was narrowest at 17% in 2021. In dollar terms, the gap has narrowed by $1,490 since 2009.

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