Westmont, Illinois Income Statistics
Updated
Westmont 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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B
Westmont Around average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Westmont | Illinois Avg | US Average |
|---|---|---|---|
| Median Household Income | $103,949 | $84,042 | $80,455 |
| Median Personal Income | $83,587 | $64,565 | $60,758 |
| Average Yearly Income Growth | 5.3% | 4.5% | 4.8% |
| Six-Figure Earners | 23.5% | 15.0% | 13.9% |
| $200k+ Households | 24.2% | 13.8% | 13.2% |
The median household income in Westmont is about 24% higher than in Illinois. Income has been growing faster in Westmont (5.3%/yr) than in Illinois (4.5%/yr).
About 23% of adults in Westmont 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
Median household income in Westmont, Illinois grew by 45.8% from 2009 to 2024, reaching $103,949 in 2024. That's an average of about 5.3% per year.
Westmont 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 2015, at 23% higher. The gap has narrowed from 39% in 2009 to 29% in 2024.
Income Distribution in Westmont
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 4,992 households (51.5% of all households) have an income of $100,000 or more.
Across the U.S.: 40.2% of all households.
In 2024, 16.3% of households in Westmont had an income under $35,000 and 33.9% had $150,000 or more. Across the U.S., those shares were 21.6% and 22.8%.
Compared with the U.S., Westmont 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 (6.8% vs 10.1%).
| Household income | Households | Share | U.S. share |
|---|---|---|---|
| Under $10,000 | 461 | 4.8% | 5.1% |
| $10,000 to $14,999 | 250 | 2.6% | 3.5% |
| $15,000 to $24,999 | 395 | 4.1% | 6.4% |
| $25,000 to $34,999 | 477 | 4.9% | 6.7% |
| $35,000 to $49,999 | 660 | 6.8% | 10.1% |
| $50,000 to $74,999 | 1,200 | 12.4% | 15.5% |
| $75,000 to $99,999 | 1,265 | 13.0% | 12.6% |
| $100,000 to $149,999 | 1,700 | 17.5% | 17.4% |
| $150,000 to $199,999 | 949 | 9.8% | 9.5% |
| $200,000 or more | 2,344 | 24.2% | 13.2% |
Shares are of all 9,701 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 4,618 residents (23.5% 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 27.1% of residents who have any income.
In 2024, 13.4% of Westmont residents aged 15 and over reported no personal income, 21.7% had some income but less than $25,000, and 33.4% had $75,000 or more. Across the U.S., those shares were 12.8%, 28.7% and 22.0%.
Compared with the U.S., Westmont has a larger share of residents earning $100,000 or more (23.5% vs 13.9%) and a smaller share earning $15,000 to $24,999 (6.6% vs 10.5%).
| Personal income | Residents | Share | U.S. share |
|---|---|---|---|
| No income | 2,633 | 13.4% | 12.8% |
| $1 to $9,999 | 2,070 | 10.5% | 11.2% |
| $10,000 to $14,999 | 891 | 4.5% | 7.0% |
| $15,000 to $24,999 | 1,295 | 6.6% | 10.5% |
| $25,000 to $34,999 | 1,395 | 7.1% | 9.5% |
| $35,000 to $49,999 | 2,244 | 11.4% | 12.6% |
| $50,000 to $74,999 | 2,558 | 13.0% | 14.3% |
| $75,000 to $99,999 | 1,955 | 9.9% | 8.2% |
| $100,000 or more | 4,618 | 23.5% | 13.9% |
Shares are of the 19,659 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 13.4% 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 Westmont
| Metric | Westmont | Illinois Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.536 | 0.547 | 0.552 |
| Male Median Income | $101,640 | $73,933 | $69,667 |
| Female Median Income | $72,631 | $60,067 | $56,850 |
| Gender Pay Gap | 28.5% | 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 Westmont, it is 0.536, 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 40% more than women's income in Westmont, Illinois. Over a 35-year career, a 40% wage gap accumulates to roughly $1,015,315 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Westmont, Illinois has narrowed from about 32% to 29% in 2024. Over that period the gap was widest at 36% in 2010, and was narrowest at 24% in 2019. In dollar terms, the gap has widened by $7,526 since 2009.
Employment
| Metric | Westmont | Illinois Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.8% | 5.8% | 5.2% |
| Working from Home | 24.7% | 15.9% | 15.0% |
| Commute time (minutes) | 25 | 23 | 22 |
Approximately 473 people are unemployed in Westmont, Illinois.
The average commute time in Westmont is 25 minutes, longer than the 23 minutes in Illinois.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Westmont, Illinois has fallen from 7.0% to 3.8% in 2024. Over that period the rate peaked at 8.9% in 2013 and fell as low as 2.7% in 2020.
Westmont has stayed well below the U.S. unemployment rate from 2011 to 2024 and has never risen above it. It came closest in 2015, when the two were level. The gap has held fairly steady over the period.
Westmont, IL Wealth Compared With Nearby Cities
How Westmont, 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. |
|---|---|---|---|---|---|
| Westmont, IL | 23,509 | $103,949 #2/2 | 5.3%/yr #1/2 | 3.8% #1/2 | 0.536 #2/2 |
| Downers Grove, IL | 51,779 | $113,724 | 4.0%/yr | 4.6% | 0.517 |
Conclusion
Considering all these factors, Westmont, 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 Westmont, Illinois.
How Rich Is Westmont, Illinois?
Westmont 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 $103,949, about 24% higher than the Illinois average of $84,042.
Are incomes growing in Westmont, Illinois?
Between 2009 and 2024, the median household income in Westmont, Illinois rose 46%, from $71,302 to $103,949. Over the same years, income here lagged behind Illinois as a whole: +46% against +52%.
What was the median household income in Westmont in 2023?
In 2023, the median household income in Westmont, Illinois was $101,927, up 4% from $98,218 in 2022. The Illinois median that year was $82,182.
What was the median household income in Westmont in 2020?
In 2020, the median household income in Westmont, Illinois was $84,122. By 2024 it had risen 24% to $103,949.
Do many residents of Westmont, Illinois earn over $100,000?
Yes. 23% of adults in Westmont, 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 Westmont, Illinois?
Unemployment in Westmont, Illinois is only 3.8%, 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 Westmont, Illinois?
The Gini coefficient in Westmont is 0.536. 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 Westmont, Illinois?
Since 2009, the income gap between men and women in Westmont, Illinois has narrowed from about 32% to 29% in 2024. Over that period the gap was widest at 36% in 2010, and was narrowest at 24% in 2019. In dollar terms, the gap has widened by $7,526 since 2009.
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