Riverwoods is located in northeast Illinois. Riverwoods is between the Lake, Cook county. Riverwoods has 3.97 square miles of land area and 0.05 square miles of water area. As of 2010-2014, the total Riverwoods population is 3,792, which has shrunk 1.33% since 2000. The population growth rate is lower than the state average rate of 3.62% and is much lower than the national average rate of 11.61%. Riverwoods median household income is $178,750 in 2010-2014 and has grown by 12.43% since 2000. The income growth rate is much lower than the state average rate of 22.70% and is much lower than the national average rate of 27.36%. Riverwoods median house value is $697,300 in 2010-2014 and has grown by 33.53% since 2000. The house value growth rate is about the same as the state average rate of 34.33% and is lower than the national average rate of 46.91%. As a reference, the national Consumer Price Index (CPI) inflation rate for the same period is 26.63%. On average, the public school district that covers Riverwoods is much better than the state average in quality.