Woodridge, Illinois Income Statistics

Updated

Woodridge 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
    Woodridge Around average

Source: Map AI Methodology

Income Statistics Overview

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Metric Woodridge Illinois Avg US Average
Median Household Income $100,684 $84,042 $80,455
Median Personal Income $70,485 $64,565 $60,758
Average Yearly Income Growth 3.4% 4.5% 4.8%
Six-Figure Earners 19.1% 15.0% 13.9%
$200k+ Households 15.8% 13.8% 13.2%

The median household income in Woodridge is about 20% higher than in Illinois. Income has been growing slower in Woodridge (3.4%/yr) than in Illinois (4.5%/yr).

About 19% of adults in Woodridge 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

Woodridge
United States

Median household income in Woodridge, Illinois grew by 43.0% from 2009 to 2024, reaching $100,684 in 2024. That's an average of about 3.4% per year.

Woodridge has been far above the U.S. median household income in every year from 2009 to 2024. The gap has narrowed from 38% in 2009 to 25% in 2024, the closest it has been.

Year Woodridge United States

Income Distribution in Woodridge

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

Households by income, 2024

Woodridge
United States

Income range calculator

About 6,251 households (50.3% of all households) have an income of $100,000 or more.

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

In 2024, 11.6% of households in Woodridge had an income under $35,000 and 30.3% had $150,000 or more. Across the U.S., those shares were 21.6% and 22.8%.

Compared with the U.S., Woodridge has a larger share of households earning $150,000 to $199,999 (14.5% vs 9.5%) and a smaller share earning $25,000 to $34,999 (3.5% vs 6.7%).

Household income Households Share U.S. share
Under $10,000 443 3.6% 5.1%
$10,000 to $14,999 93 0.7% 3.5%
$15,000 to $24,999 476 3.8% 6.4%
$25,000 to $34,999 430 3.5% 6.7%
$35,000 to $49,999 1,129 9.1% 10.1%
$50,000 to $74,999 2,291 18.4% 15.5%
$75,000 to $99,999 1,317 10.6% 12.6%
$100,000 to $149,999 2,481 20.0% 17.4%
$150,000 to $199,999 1,805 14.5% 9.5%
$200,000 or more 1,965 15.8% 13.2%

Shares are of all 12,430 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 Woodridge

Metric Woodridge Illinois Avg US Average
Gini Coefficient 0.524 0.547 0.552
Male Median Income $78,837 $73,933 $69,667
Female Median Income $69,680 $60,067 $56,850
Gender Pay Gap 11.6% 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 Woodridge, it is 0.524, 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 13% more than women's income in Woodridge, Illinois. Over a 35-year career, a 13% wage gap accumulates to roughly $320,495 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 Woodridge, Illinois has narrowed from about 29% to 12% in 2024. Over that period the gap was narrowest at 10% in 2021. In dollar terms, the gap has narrowed by $8,348 since 2009.

Year Male Income Female Income Gap %

Employment

Metric Woodridge Illinois Avg US Average
Unemployment Rate 4.5% 5.8% 5.2%
Working from Home 21.0% 15.9% 15.0%
Commute time (minutes) 26 23 22

Approximately 812 people are unemployed in Woodridge, Illinois.

The average commute time in Woodridge is 26 minutes, longer than the 23 minutes in Illinois.

Unemployment Rate Over Time

Woodridge
United States

Since 2011, the unemployment rate in Woodridge, Illinois has fallen from 8.1% to 4.5% in 2024. Over that period the rate peaked at 9.2% in 2013.

Woodridge has stayed below the U.S. unemployment rate in every year from 2011 to 2024 and has never risen above it. It came closest in 2021, at 0.2 points lower. The gap has held fairly steady over the period.

Year Woodridge United States

Woodridge, IL Wealth Compared With Nearby Cities

Woodridge, IL is the 3rd largest of the 6 cities compared here, 32,108 residents against a local median of 23,509. The measure that sets Woodridge, IL apart most is income growth: 3.4%/yr, 18% below the local median of 4.1%/yr. That is the weaker end of the local range on this measure.

The cities themselves spread 1.7%/yr on income growth, so Woodridge, IL sits at one end of an already wide local range rather than apart from it. Woodridge, IL has the 6th highest income growth of the 6 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.
Woodridge, IL 32,108 $100,684 #6/6 3.4%/yr #6/6 4.5% #2/6 0.524 #4/6
Darien, IL 21,208 $109,928 4.1%/yr 4.7% 0.498
Downers Grove, IL 51,779 $113,724 4.0%/yr 4.6% 0.517
Lisle, IL 22,476 $104,405 4.5%/yr 4.8% 0.505
Bolingbrook, IL 74,594 $107,929 3.7%/yr 5.7% 0.535
Westmont, IL 23,509 $103,949 5.3%/yr 3.8% 0.536

Conclusion

Considering all these factors, Woodridge, 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 Woodridge, Illinois.

How Rich Is Woodridge, Illinois?

Woodridge 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 $100,684, about 20% higher than the Illinois average of $84,042.

Are incomes growing in Woodridge, Illinois?

Between 2009 and 2024, the median household income in Woodridge, Illinois rose 43%, from $70,420 to $100,684. Over the same years, income here lagged behind Illinois as a whole: +43% against +52%.

What was the median household income in Woodridge in 2023?

In 2023, the median household income in Woodridge, Illinois was $99,814, up 2% from $97,738 in 2022. The Illinois median that year was $82,182.

What was the median household income in Woodridge in 2020?

In 2020, the median household income in Woodridge, Illinois was $89,271. By 2024 it had risen 13% to $100,684.

How strong is the job market in Woodridge, Illinois?

Unemployment in Woodridge, Illinois is only 4.5%, 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 Woodridge, Illinois?

The Gini coefficient in Woodridge is 0.524. 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 Woodridge, Illinois?

Since 2009, the income gap between men and women in Woodridge, Illinois has narrowed from about 29% to 12% in 2024. Over that period the gap was narrowest at 10% in 2021. In dollar terms, the gap has narrowed by $8,348 since 2009.

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