Skip to main content

EconPulse

Local economy signal dashboard

Saved
PLACEStable

Riverdale, IL

Stable overall. Federal Funds is the clearest support signal, while jobs needs the most attention. Housing reads as strained for a median-income household.

Post on XLinkedIn
Overall score36out of 100
Compare
71
0
0
48
93

Population

10,340

Data freshness

Unknown

GDP / Output

+4.6% YoY

71

$546.4B

Output changed +4.6% in 2024.

Vintage date unknown

State growth4.3%
U.S. growth5.3%

Jobs

Unemployment rate

0

16.1%

Unemployment is 16.1% for Latest available.

Vintage date unknown

State avg5.1%
U.S. avg5.2%

Population

-17.5% 5-year

0

10,340

Population moved -17.5% over the latest ACS window.

Vintage date unknown

State population12,694,798
U.S. population334,922,499

Housing

Rent share of income

48

37.1%

Median rent consumes 37.1% of median household income: Strained.

Vintage date unknown

State rent$1.3K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

Federal Funds

$7.3K per resident

93

$38.6B

$38.6B in federal obligations flowed here in FY2025.

Vintage date unknown

State total$134.6B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$38.6B

$7.3K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$20.2B
2. Department of Health and Human Services$8.0B
3. Department of Housing and Urban Development$2.3B

Top recipients

Dollars
1. CHICAGO HOUSING AUTHORITY$1.3B
2. NORTHROP GRUMMAN SYSTEMS CORPORATION$1.0B
3. ILLINOIS DEPARTMENT OF TRANSPORTATION$592.1M

Strained

Housing Affordability

37.1%

of median income

1BR estimate$1,009
2BR estimate$1,329
Median income$39,833
Median home value$113,800

ACS context

Quick Facts

Population

10,340

Median age

32.8

Bachelor's degree+

17.0%

Poverty rate

41.5%

Labor force participation

57.8%

Prime rate

6.8%

CPI YoY

+3.2%

U.S. GDP YoY

+6.5%

Sources and warnings

Data Provenance

Census ACS 5-year

2024

BLS LAUS / CPS

Latest available

BEA regional CAGDP1

2024

USAspending

FY2025

FRED

2026-07-30

HUD Fair Market Rent

Latest available

Data notes
  • HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

5-year compound growth

Historical Trends

Population CAGR

-3.8%

GDP CAGR

+5.9%

Federal flow

5 years

Population (5 years)
202012,530
202110,909
202210,528
202310,515
202410,340
GDP (5 years)
2020$410.4B
2021$448.6B
2022$490.4B
2023$522.4B
2024$546.4B

2-year linear forecast

Predictive Outlook

Population forecast

202410,340
20259,532 *
20269,055 *

R² = 70.4% · * projected

GDP forecast

2024$546.4B
2025$587.4B *
2026$622.0B *

R² = 99.0% · * projected

Linear regression over available historical data. Projections are estimates based on past trends and do not account for policy changes, economic shocks, or other external factors.

housing affordability breakdown

Cost of Living

Median household income$39,833/yr
Median rent$1,231/mo
Rent share of income37.1%
Est. mortgage (30yr, 6.5%)$6,905/yr
Mortgage share of income17.3%

Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.

employment snapshot

Job Market

Unemployment rate16.1%
State avg5.1%
U.S. avg5.2%
Labor force participation57.8%
Poverty rate41.5%

Data from BLS LAUS / CPS. Latest available.

valuation snapshot

Real Estate

Median home value$113,800
Median monthly rent$1,231
Price-to-rent ratio7.7x

Low price-to-rent ratio — buying may be more favorable than renting in this market.

composite score

Investment Climate

Investment climateWeak
Composite score30/100
Economic growth71/100
Labor market0/100
Population momentum0/100
Overall stability36/100

Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.

Location Context

Riverdale village, Illinois

City/Town

Part of

Chicago-Naperville-Elgin, IL-IN

Nearby locations

Dixmoor, ILCalumet Park, ILPhoenix, ILDolton, ILBlue Island, IL