Illinois · Census place 52467
New Grand Chain village, IL
Quick answer
New Grand Chain village has 144 residents, ranking #1286 of 1462 places in Illinois. Median household income is $31,250, the median home is worth $52,500 and median gross rent runs $494 a month.
- Population
- 144New Grand Chain village residents
- Median household income
- $31,250Past 12 months, inflation adjusted
- Median home value
- $52,500Owner-occupied units
- Median gross rent
- $494Rent plus utilities, monthly
- Median age
- 45.6 yrsAll residents
- Homeownership rate
- 58.2%Owner-occupied households
What the numbers mean in New Grand Chain village
Housing cost measured against local earnings.
A household earning the New Grand Chain 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 1.7× the median household income; nationally that ratio sits near 4.5×. Poverty affects 15.3% of residents and 58.2% 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.
- Lane CDP 145
- Maquon village 145
- Muncie village 144
- Redmon village 144
- Leonore village 143
- Concord village 141
- Wilton Center CDP 141
Keep going
More Illinois coverage.