Grandwood Park, Illinois

US Census Bureau ACS 5-Year Estimates ยท 2022

IL

Grandwood Park Demographics Overview

Total Population
5,391
ACS 2022 estimate
Median Household Income
$133,553
Annual household income
โ–ฒ 79% vs US avg
Median Home Value
$306,600
Owner-occupied homes
โ–ฒ 9% vs US avg
Median Gross Rent
$1,600
Monthly rent (incl. utilities)
โ–ฒ 38% vs US avg
Median Age
41.2 years
Median age of residents
โ–ฒ 6% vs US avg

Income & Economy

Median Household Income
$133,553
US avg: $74,580
vs. National Median+79.1%

Housing

Median Home Value
$306,600
US avg: $281,900
Median Gross Rent
$1,600/mo
US avg: $1,163/mo
Rent vs. National Avg+37.6%

Population

Total Population5,391
Median Age
41.2 years
US avg: 38.9 yrs

Data Source

Data for Grandwood Park comes from the US Census Bureau American Community Survey (ACS) 5-Year Estimates, covering the period 2018โ€“2022.

The ACS 5-Year estimates provide the most reliable demographic statistics available, especially for smaller communities, by pooling 5 years of survey data.

Learn more about the ACS โ†’

Grandwood Park, IL โ€” Frequently Asked Questions

Common questions about Grandwood Park demographics

What is the population of Grandwood Park, Illinois?

According to the US Census Bureau ACS 5-Year Estimates (2022), the population of Grandwood Park, Illinois is 5,391.

What is the median household income in Grandwood Park?

The median household income in Grandwood Park, Illinois is $133,553 per year, according to the 2022 ACS 5-Year Estimates. The US national median household income is approximately $74,580.

What is the cost of living in Grandwood Park?

Key cost indicators for Grandwood Park, Illinois:. Median home value: $306,600. Median gross rent: $1,600/month. Median household income: $133,553/year

What is the median home value in Grandwood Park?

The median home value in Grandwood Park, Illinois is $306,600, compared to the national median of approximately $281,900.

What is the average age in Grandwood Park?

The median age in Grandwood Park, Illinois is 41.2 years, compared to the US national median age of approximately 38.9 years.

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Grandwood Park, IL Demographics - Population, Income & Housing (2022)