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Riverdale

Learn about the people, housing, costs and businesses in Riverdale, Illinois

Median Home$109,450
Median Rent$654/month
Population7,518
Leading IndustriesInformation & Media · Finance & Insurance · Education21% information & media
Home Value Growth⬆⬆+11.4% over 2 years
Family-Friendly42% of residentstop 1% nationally
Renters90% of occupied units
NotableAffordable Market$109k median home · lower cost than 99% of the country
Riverdale
IL

Frequently Asked Questions

What are today's mortgage rates in Riverdale?

As of today, the 30-year fixed mortgage rate for Riverdale is approximately 6.996% (7.049% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Riverdale?

The median home value in Riverdale is $109k. The median monthly rent is $654. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Riverdale?

Home values in Riverdale have increased 11.4% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Riverdale?

Based on a typical all-in ownership cost of $659/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $28k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Riverdale is $17k/year.

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What industries drive the economy in Riverdale?

The largest employment sectors in Riverdale are public administration (30%) and information and media (21%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

🗺️ Nearby Areas

Adjacent counties and areas