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
Compare with nearby places
Places of similar size in Illinois.
- Dawson village 555
- Franklin village 554
- Chandlerville village 552
- Makanda village 550
- Golf village 548
- St. David village 548
- Cowden village 547
Keep going
More Illinois coverage.