River Forest, IL Economy


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River Forest, IL is a small suburban village located in Cook County. It offers beautiful natural parks and trails, top-rated schools and plenty of local businesses for residents to shop and dine. Many popular chain and local stores are found in River Forest such as Whole Foods Market, Trader Joe’s, Starbucks, Target, Macy’s and much more. Notable attractions include the River Forest Public Library, Scoville Park, Oak Park Conservatory and Wright Museum of Art. Additionally, River Forest provides plenty of family-oriented events throughout the year such as its annual farmer's market which locals look forward to every summer. With its great location just minutes away from the Chicago Loop area and fantastic amenities for residents of all ages, River Forest is a lovely place to call home.

River Forest has an unemployment rate of 8.4%. The US average is 6.0%.

River Forest has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 25.8%, which is lower than the US average of 33.5%.

Tax Rates for River Forest
- The Sales Tax Rate for River Forest is 10.0%. The US average is 7.3%.
- The Income Tax Rate for River Forest is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for River Forest
- The average income of a River Forest resident is $63,342 a year. The US average is $28,555 a year.
- The Median household income of a River Forest resident is $129,263 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRiver Forest, IllinoisUnited States
  8.46
  -9.4%-6.2%
  25.8%33.5%
  10.0%6.2%
  5.0%4.6%
  $81,053$37,638
  $129,263$69,021
  $204,600$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  2.9%6.8%
  6.4%10.0%
  3.2%2.5%
  5.0%11.0%
  3.6%4.8%
  0.7%0.8%
  1.0%1.9%
  11.3%4.7%
  3.7%1.9%
  18.9%7.6%
  0.1%0.1%
  3.0%4.2%
  16.3%9.3%
  12.6%14.0%
  3.1%2.1%
  2.1%7.0%
  4.0%4.8%
  2.1%4.7%
Reviews for River Forest
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River Forest as a whole is an old suburb outside of Chicago, very quiet and upscale. River Forest neighbors Oak Park, which does have much more to offer in terms of  More

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River Forest as a whole is an old suburb outside of Chicago, very quiet and upscale. River Forest neighbors Oak Park, which does have much more to offer in terms of  More

   |    Reply

River Forest as a whole is an old suburb outside of Chicago, very quiet and upscale. River Forest neighbors Oak Park, which does have much more to offer in terms of  More

   |    Reply

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