Illinois · Census place 30757
Grand Ridge village, IL
Quick answer
Grand Ridge village has 649 residents, ranking #845 of 1462 places in Illinois. Median household income is $84,375, the median home is worth $154,200 and median gross rent runs $1,023 a month.
- Population
- 649Grand Ridge village residents
- Median household income
- $84,375Past 12 months, inflation adjusted
- Median home value
- $154,200Owner-occupied units
- Median gross rent
- $1,023Rent plus utilities, monthly
- Median age
- 34 yrsAll residents
- Homeownership rate
- 88.8%Owner-occupied households
What the numbers mean in Grand Ridge village
Housing cost measured against local earnings.
A household earning the Grand Ridge village median would spend about 14.5% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 1.8× the median household income; nationally that ratio sits near 4.5×. Poverty affects 8.9% of residents and 88.8% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
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