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ZipNumbers

Illinois · Census place 30770

Grand Tower city, IL

Quick answer

Grand Tower city has 551 residents, ranking #910 of 1462 places in Illinois. Median household income is $59,375, the median home is worth $24,500 and median gross rent runs $700 a month.

Population
551Grand Tower city residents
Median household income
$59,375Past 12 months, inflation adjusted
Median home value
$24,500Owner-occupied units
Median gross rent
$700Rent plus utilities, monthly
Median age
24.1 yrsAll residents
Homeownership rate
64.2%Owner-occupied households

What the numbers mean in Grand Tower city

Housing cost measured against local earnings.

A household earning the Grand Tower city median would spend about 14.1% 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 0.4× the median household income; nationally that ratio sits near 4.5×. Poverty affects 22.2% of residents and 64.2% 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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