Illinois · Census place 30991
Grant Park village, IL
Quick answer
Grant Park village has 1,547 residents, ranking #572 of 1462 places in Illinois. Median household income is $72,500, the median home is worth $205,500 and median gross rent runs $1,149 a month.
- Population
- 1,547Grant Park village residents
- Median household income
- $72,500Past 12 months, inflation adjusted
- Median home value
- $205,500Owner-occupied units
- Median gross rent
- $1,149Rent plus utilities, monthly
- Median age
- 33.5 yrsAll residents
- Homeownership rate
- 67.4%Owner-occupied households
What the numbers mean in Grant Park village
Housing cost measured against local earnings.
A household earning the Grant Park village median would spend about 19% 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 2.8× the median household income; nationally that ratio sits near 4.5×. Poverty affects 12% of residents and 67.4% 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.
- Port Barrington village 1,574
- Chenoa city 1,559
- Twin Grove CDP 1,554
- Winchester city 1,543
- Benld city 1,535
- Wyoming city 1,532
- Harristown village 1,526
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More Illinois coverage.