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Riverdale

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

Median Home$107,728
Median Rent$1,249/month
Population10,413
Leading IndustriesFinance & Insurance · Information & Media · Public Administration15% finance & insurance
Home Value Growth+8.9% over 2 years
Family-Friendly31% of residentstop 3% nationally
Homeowners52% of occupied units
NotableTransit91/100 · excellent transit access
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 7.467% (7.486% 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 $108k. The median monthly rent is $1,249. Annual property taxes average $4k. 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 8.9% over the past two years. This represents moderate growth. 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 $1,211/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $52k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Riverdale is $40k/year.

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What industries drive the economy in Riverdale?

The largest employment sectors in Riverdale are public administration (28%) and information and media (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.