Riverdale, IL Economy


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Riverdale, IL is a small town located in the heart of Illinois. It offers a variety of attractions such as the Grandeur Theater, Mary Irwin Park, and the Riverdale Town Center for shopping. The cost of living is affordable with 2 bedroom rent averaging $1,160 compared to the US average of $1,430 and local grocery costs indexing at 92 versus 100 for the US. There are also several local companies that call Riverdale home such as McBain Paint & Design and Steelcraft Manufacturing. With its many attractions and low cost of living, Riverdale provides a great area to live work and play.

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

Riverdale 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 Riverdale
- The Sales Tax Rate for Riverdale is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Riverdale 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 Riverdale
- The average income of a Riverdale resident is $18,140 a year. The US average is $28,555 a year.
- The Median household income of a Riverdale resident is $38,233 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRiverdale, IllinoisUnited States
  8.46
  -9.4%-6.2%
  25.8%33.5%
  10.0%6.2%
  5.0%4.6%
  $19,150$37,638
  $38,233$69,021
  $42,917$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  1.7%6.8%
  15.7%10.0%
  1.3%2.5%
  13.6%11.0%
  14.4%4.8%
  0.5%0.8%
  0.8%1.9%
  4.2%4.7%
  1.4%1.9%
  2.0%7.6%
  0.0%0.1%
  3.7%4.2%
  5.8%9.3%
  17.3%14.0%
  1.2%2.1%
  6.7%7.0%
  4.8%4.8%
  4.9%4.7%
Reviews for Riverdale
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Over 10 years ago

I moved from Chicago to Riverdale in December of 2012. The first week after I moved in a woman was carjacked in front of my apartment on 140th and Tracy Street. I  More

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