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The total population of Highwood is estimated to be 5,227 with 2,835 males (54.24%) and 2,392 females (45.76%). There are 443 less females than males in Highwood.
The median household income in Highwood was $96,107 in 2021, which marked an an increase of 11,263(13.27%) from $84,844 in 2020. This income is 128.82% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Highwood sees its highest median household income among householders in the age group of 65 years and over old, at $191,997. Overall, the median household income for the city of Highwood stands at $96,107.
In Highwood, the median income for all workers aged 15 years and older, regardless of work hours, was $42,304 for males and $28,701 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $64,967 for males and $42,757 for females.
In Highwood, there are just three different racial groups among households. Among these, Asian households report a median household income of $117,399, followed by White households at $107,821, and Black or African American households with a median household income of $44,389.
In 2022, the population of Highwood was 5,335, a 0.82% decrease year-by-year from 2021. Previously, in 2021, Highwood's population was 5,379, an increase of 5.70% compared to a population of 5,089 in 2020.
The median age in Highwood, IL is 36.1, as per 2021 ACS 5-Year Estimates. Of the total population, 18.47% were under the age of 15, 20.00% aged 15 to 29, 45.87% aged 30 to 64, 14.09% aged 65 to 84, and 1.58% were 85 years of age and older.
Racial distribution of Highwood population: 73.67% are White, 4.78% are Black or African American, 0.94% are American Indian and Alaska Native, 0.40% are Asian, 14.64% are some other race and 5.55% are multiracial.