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Riverton

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

Median Home$193,826
Median Rent$985/month
Population3,687
Leading IndustriesHealthcare · Arts, Food & Hospitality · Transportation17% healthcare
Home Value Growth⬆⬆⬆+25.1% over 2 years
Family-Friendly25% of residentsslightly above average
Homeowners80% of occupied units
NotableHighly Educated36% bachelor's · 19% graduate · top 3% nationally
NotableHigh Incomes$90k/year · top 25% nationally
Riverton
IL

Frequently Asked Questions

What are today's mortgage rates in Riverton?

As of today, the 30-year fixed mortgage rate for Riverton is approximately 6.836% (6.841% 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 Riverton?

The median home value in Riverton is $194k. The median monthly rent is $985. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Riverton?

Home values in Riverton have increased 25.1% 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 Riverton?

Based on a typical all-in ownership cost of $1,192/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $51k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Riverton is $90k/year.

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What industries drive the economy in Riverton?

The largest employment sectors in Riverton are public administration (24%) and healthcare (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.