The 10 Richest Cities In Illinois For 2024


The richest cities in Illinois are Winnetka and Hinsdale for 2024 based on Saturday Night Science.

Illinois will always be as lucky and wealthy as a lottery winner because they house the Chicago Bears. However, there is more to Illinois than just its great sports teams: there are super wealthy cities in the Land of Lincoln that placate the rich and famous.

You can stop your search if you’re looking for safe cities and neighborhoods, amazing schools, and high-end shopping with a bank account to match. The cities in our top ten Richest Cities in Illinois have these 5-star amenities, and then some. They are mainly centralized around Chi-town.

Cities on our list, like Glencoe, offer beachfront access to Lake Michigan, and cities like Deerfield provide upscale golf courses enough to play a different course every day of the week. Now, it’s not lost on us that there are multiple cities on our ten best cities to live in Illinois for 2024 that are also on our richest list.

Wealthy cities tend to have it all.


Table Of Contents: Top Ten | Methodology | Summary | Table


Richest Cities In Illinois Map

How does one get their hand on one of these Illinois gems? You’ll need to find a job that averages $150,000/year. Might we suggest a career in real estate in our number one richest city? The median home price in this city is $700,000.

What city in Illinois is the richest? The wealthiest city in Illinois is Winnetka.

To see which cities come out as the wealthiest in Illinois for 2024, grab a slice of deep-dish pizza at a nice, quiet spot on Lake Michigan and look at the list below.

Rich people not your cup of tea? Feel free to check out some more reading about Illinois:

The 10 Richest Cities In Illinois For 2024

1. Winnetka

Winnetka, IL

Source: Wikipedia User anarchosyn | CC BY-SA 2.0
Overall SnackAbility

10
/10

Population: 12,607
Median Income: $250,001
Median Home Values: $1,450,397
More on Winnetka: Data | Crime | Cost Of Living | Real Estate

2. Hinsdale

Hinsdale, IL

Source: Wikipedia User Teemu08 at English Wikipedia | CC BY-SA 3.0
Overall SnackAbility

10
/10

Population: 17,169
Median Income: $250,001
Median Home Values: $1,010,524
More on Hinsdale: Data | Crime | Cost Of Living | Real Estate

3. Glencoe

Glencoe, IL

Source: Wikipedia User User:JeremyA | CC BY-SA 3.0
Overall SnackAbility

10
/10

Population: 8,787
Median Income: $228,750
Median Home Values: $1,230,212
More on Glencoe: Data | Crime | Cost Of Living | Real Estate

4. Riverwoods

Overall SnackAbility

9.5
/10

Population: 4,007
Median Income: $233,036
Median Home Values: $830,320
More on Riverwoods: Data | Crime | Real Estate

5. South Barrington

Overall SnackAbility

10
/10

Population: 5,001
Median Income: $226,042
Median Home Values: $957,504
More on South Barrington: Data | Crime | Real Estate

6. Long Grove

Long Grove, IL

Source: Wikipedia User bogdanstepniak | CC BY 3.0
Overall SnackAbility

7
/10

Population: 8,279
Median Income: $236,172
Median Home Values: $799,502
More on Long Grove: Data | Cost Of Living | Real Estate

7. Kildeer

Overall SnackAbility

10
/10

Population: 4,133
Median Income: $250,001
Median Home Values: $740,797
More on Kildeer: Data | Crime | Real Estate

8. Lake Forest

Lake Forest, IL

Source: Wikipedia User Teemu08 (talk) | CC BY-SA 3.0
Overall SnackAbility

6
/10

Population: 19,436
Median Income: $202,153
Median Home Values: $997,291
More on Lake Forest: Data | Crime | Cost Of Living | Real Estate

9. North Barrington

Overall SnackAbility

4
/10

Population: 3,119
Median Income: $212,321
Median Home Values: $751,745
More on North Barrington: Real Estate

10. Barrington Hills

Barrington Hills, IL

Source: Public domain
Overall SnackAbility

9.5
/10

Population: 3,890
Median Income: $185,278
Median Home Values: $853,087
More on Barrington Hills: Data | Crime | Real Estate

Methodology: How We Determined The Richest Places In Illinois For 2024

Map Of The Richest Places To Live In Illinois
The first thing that comes to most people’s minds when they think about determining the richest places is simply identifying personal incomes. After all, rich people have really high salaries.

However, we don’t believe that one statistic wholly encompasses what it means to be one of the “richest places.” So we looked at this set of criteria from the newly released 2018-2022 American Community Survey and applied Saturday Night Science:

  • Median Home Values
  • Median Household Income

Median household income is the most digestible way to understand how rich a place is. And home values are a measure of wealth. The two combine to define a “Rich City.”

After we collected the data for all 417 places with more than 3,000 people in Illinois, we ranked each place from 1 to 417 for each of the criteria, with 1 being the richest.

We then averaged all the rankings for a place into a “Rich Score,” with the place having the lowest overall Rich Score, Winnetka, crowned the “Richest City In Illinois For 2024.”

The data has been updated for 2024. This is our tenth time ranking the wealthiest cities in Illinois.

You can skip to the end to see the rankings for all 417 places.

Summary: The Wealthiest Places In Illinois For 2024

Like we said earlier, when we set out to identify the richest places in Illinois, we weren’t sure what we’d encounter, but it ended up being some of the best places to live in Illinois.

The richest cities in Illinois are Winnetka, Hinsdale, Glencoe, Riverwoods, South Barrington, Long Grove, Kildeer, Lake Forest, North Barrington, and Barrington Hills.

When you look at the data, the cities and places mentioned above meet the criteria for being at the very top of the income ladder for everyone that lives there.

If you’re curious enough, here are the poorest cities in Illinois, according to data:

Poorest: East St. Louis
2nd Poorest: Eldorado
3rd Poorest: Harrisburg

For more Illinois reading, check out:

Detailed List Of The Richest Cities In Illinois

Rank City RichScore Median Income Average Home Price
1 Winnetka 1.5 $250,001 $1,450,397
2 Hinsdale 2.5 $250,001 $1,010,524
3 Glencoe 4.0 $228,750 $1,230,212
4 Riverwoods 6.0 $233,036 $830,320
5 South Barrington 6.0 $226,042 $957,504
6 Long Grove 6.5 $236,172 $799,502
7 Kildeer 7.0 $250,001 $740,797
8 Lake Forest 7.5 $202,153 $997,291
9 North Barrington 10.0 $212,321 $751,745
10 Barrington Hills 11.0 $185,278 $853,087
11 Inverness 12.5 $207,623 $700,604
12 Western Springs 13.0 $198,836 $700,654
13 Wilmette 13.5 $183,750 $792,941
14 Hawthorn Woods 14.0 $215,817 $632,847
15 Burr Ridge 15.5 $174,342 $724,731
16 Oak Brook 16.0 $158,663 $823,438
17 Campton Hills 18.5 $192,432 $570,534
18 Deer Park 19.0 $172,586 $649,370
19 Lake Bluff 21.0 $190,179 $531,837
20 Highland Park 21.0 $159,567 $633,282
21 Northfield 22.5 $146,538 $689,829
22 Lincolnshire 23.5 $155,395 $626,704
23 Deerfield 23.5 $185,762 $520,189
24 Barrington 24.5 $160,171 $536,565
25 Northbrook 25.0 $150,236 $573,899
26 Libertyville 25.5 $161,302 $523,474
27 River Forest 26.5 $144,784 $625,449
28 Green Oaks 29.5 $135,217 $684,550
29 Naperville 30.5 $143,754 $527,805
30 Riverside 32.5 $149,464 $476,379
31 La Grange 33.0 $141,235 $522,753
32 Elmhurst 33.0 $143,492 $500,450
33 Frankfort 33.5 $157,615 $439,784
34 Glenview 35.0 $134,910 $556,329
35 Park Ridge 36.5 $137,964 $491,808
36 Lemont 42.0 $128,694 $491,388
37 Sleepy Hollow 42.0 $139,955 $412,640
38 Geneva 42.5 $132,799 $465,349
39 Homer Glen 43.5 $130,235 $460,898
40 Glen Ellyn 44.0 $128,132 $483,880
41 Lake Zurich 44.5 $135,211 $420,351
42 Palos Park 45.0 $128,370 $472,000
43 Clarendon Hills 46.5 $115,923 $561,818
44 Winfield 47.0 $136,696 $401,970
45 Lake Barrington 49.5 $126,316 $434,652
46 New Lenox 51.0 $129,797 $397,624
47 Plainfield 54.0 $143,064 $363,320
48 Mokena 55.0 $122,235 $406,985
49 Downers Grove 57.5 $115,461 $424,001
50 Buffalo Grove 58.5 $127,553 $378,470
51 Bartlett 58.5 $126,555 $383,920
52 Wheaton 58.5 $113,523 $431,270
53 Spring Grove 59.0 $137,891 $357,347
54 Sugar Grove 61.5 $118,628 $393,885
55 La Grange Park 61.5 $113,419 $412,033
56 Arlington Heights 62.5 $113,502 $403,495
57 Wadsworth 62.5 $115,707 $395,868
58 Batavia 64.5 $113,824 $394,060
59 Algonquin 65.5 $129,658 $353,976
60 Vernon Hills 66.0 $117,253 $378,263
61 St. Charles 68.5 $110,346 $402,795
62 Gilberts 69.0 $120,568 $358,792
63 Shorewood 69.0 $119,904 $361,403
64 Itasca 69.5 $113,162 $380,589
65 Manhattan 71.0 $123,307 $351,681
66 Darien 72.0 $110,546 $391,312
67 Flossmoor 73.0 $140,703 $318,241
68 Elburn 74.5 $106,347 $400,516
69 Oswego 76.5 $112,109 $366,702
70 Volo 78.5 $128,389 $321,791
71 Highwood 80.5 $105,282 $389,661
72 Lincolnwood 80.5 $99,390 $473,704
73 Minooka 82.0 $119,730 $328,918
74 Lisle 83.0 $106,265 $368,104
75 Oak Park 83.0 $103,264 $391,539
76 Channahon 84.0 $112,771 $337,892
77 Fox River Grove 86.5 $121,705 $317,602
78 Johnsburg 87.0 $110,000 $345,969
79 South Elgin 87.5 $118,293 $318,828
80 Gurnee 87.5 $112,633 $331,348
81 Morton Grove 88.0 $102,940 $375,363
82 Yorkville 89.0 $105,322 $357,096
83 Hoffman Estates 89.5 $107,428 $343,446
84 Palos Heights 90.0 $105,366 $354,730
85 Lake Villa 90.0 $126,711 $304,977
86 Sherman 91.0 $139,475 $291,673
87 Mount Prospect 92.0 $100,526 $372,693
88 Lake In The Hills 92.0 $110,988 $326,092
89 Hampshire 93.5 $104,746 $351,414
90 Pingree Grove 94.5 $106,597 $332,287
91 Lindenhurst 95.0 $124,690 $300,487
92 West Dundee 96.5 $99,653 $366,743
93 North Aurora 96.5 $104,547 $338,366
94 Evanston 97.5 $93,188 $410,543
95 Bloomingdale 98.5 $96,779 $375,771
96 Cary 98.5 $107,158 $322,042
97 Orland Park 100.0 $97,365 $367,054
98 Grayslake 100.5 $110,662 $311,008
99 Mahomet 101.0 $114,083 $301,578
100 Roselle 101.0 $104,167 $331,035
About Chris Kolmar

Chris Kolmar has been in the real estate business for almost ten years now. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks.

He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move.

If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already.

You can find out more about him on LinkedIn or his website.