Grandwood Park, IL
Demographics And Statistics
Living In Grandwood Park, Illinois Summary
Life in Grandwood Park research summary. HomeSnacks has been using Saturday Night Science to research the quality of life in Grandwood Park over the past nine years using Census, FBI, Zillow, and other primary data sources. Based on the most recently available data, we found the following about life in Grandwood Park:
The population in Grandwood Park is 5,311.
The median home value in Grandwood Park is $354,244.
The median income in Grandwood Park is $124,847.
The cost of living in Grandwood Park is 113 which is 1.1x higher than the national average.
The median rent in Grandwood Park is $1,797.
The unemployment rate in Grandwood Park is 2.0%.
The poverty rate in Grandwood Park is 2.1%.
The average high in Grandwood Park is 57.3° and the average low is 39.5°.
Table Of Contents
Grandwood Park SnackAbility
Overall SnackAbility
Grandwood Park, IL Cost Of Living
Cost of living in Grandwood Park summary. We use data on the cost of living to determine how expensive it is to live in Grandwood Park. Real estate prices drive most of the variance in cost of living around Illinois. Key points include:
The cost of living in Grandwood Park is 113 with 100 being average.
The cost of living in Grandwood Park is 1.1x higher than the national average.
The median home value in Grandwood Park is $354,244.
The median income in Grandwood Park is $124,847.
Grandwood Park's Overall Cost Of Living
Higher Than The National Average
Cost Of Living In Grandwood Park Comparison Table
| Living Expense | Grandwood Park | Illinois | National Average | |
|---|---|---|---|---|
| Overall | 113 | 97 | 100 | |
| Services | 108 | 95 | 100 | |
| Groceries | 105 | 99 | 100 | |
| Health | 109 | 93 | 100 | |
| Housing | 144 | 95 | 100 | |
| Transportation | 107 | 102 | 100 | |
| Utilities | 88 | 91 | 100 | |
Grandwood Park, IL Weather
The average high in Grandwood Park is 57.3° and the average low is 39.5°.
There are 68.7 days of precipitation each year.
Expect an average of 36.1 inches of precipitation each year with 39.5 inches of snow.
| Stat | Grandwood Park |
|---|---|
| Average Annual High | 57.3 |
| Average Annual Low | 39.5 |
| Annual Precipitation Days | 68.7 |
| Average Annual Precipitation | 36.1 |
| Average Annual Snowfall | 39.5 |
Average High
Days of Rain
Rankings for Grandwood Park in Illinois
Locations Around Grandwood Park
Map Of Grandwood Park, IL
Best Places Around Grandwood Park
Highland Park, IL
Population 30,229
Buffalo Grove, IL
Population 42,824
Deerfield, IL
Population 19,185
Northbrook, IL
Population 34,642
Lake Bluff, IL
Population 5,834
Lake Zurich, IL
Population 19,727
Lindenhurst, IL
Population 14,365
Hawthorn Woods, IL
Population 9,145
Vernon Hills, IL
Population 26,772
Libertyville, IL
Population 20,493
Grandwood Park Demographics And Statistics
Population over time in Grandwood Park
The current population in Grandwood Park is 5,311. The population has increased 6.3% from 2010.
| Year | Population | % Change |
|---|---|---|
| 2023 | 5,311 | -1.5% |
| 2022 | 5,391 | -2.1% |
| 2021 | 5,506 | 7.7% |
| 2020 | 5,114 | -1.1% |
| 2019 | 5,170 | -1.7% |
| 2018 | 5,261 | -1.4% |
| 2017 | 5,335 | -2.5% |
| 2016 | 5,471 | -5.0% |
| 2015 | 5,757 | 2.7% |
| 2014 | 5,606 | 2.5% |
| 2013 | 5,471 | 3.6% |
| 2012 | 5,283 | 3.4% |
| 2011 | 5,109 | 2.2% |
| 2010 | 4,998 | - |
Race / Ethnicity in Grandwood Park
Grandwood Park is:
64.0% White with 3,397 White residents.
5.8% African American with 307 African American residents.
0.0% American Indian with 0 American Indian residents.
13.2% Asian with 702 Asian residents.
0.0% Hawaiian with 0 Hawaiian residents.
0.3% Other with 17 Other residents.
2.7% Two Or More with 143 Two Or More residents.
14.0% Hispanic with 745 Hispanic residents.
| Race | Grandwood Park | IL | USA |
|---|---|---|---|
| White | 64.0% | 58.7% | 58.2% |
| African American | 5.8% | 13.6% | 12.0% |
| American Indian | 0.0% | 0.1% | 0.5% |
| Asian | 13.2% | 5.8% | 5.7% |
| Hawaiian | 0.0% | 0.0% | 0.2% |
| Other | 0.3% | 0.3% | 0.5% |
| Two Or More | 2.7% | 3.0% | 3.9% |
| Hispanic | 14.0% | 18.5% | 19.0% |
Gender in Grandwood Park
Grandwood Park is 47.3% female with 2,514 female residents.
Grandwood Park is 52.7% male with 2,797 male residents.
| Gender | Grandwood Park | IL | USA |
|---|---|---|---|
| Female | 47.3% | 50.6% | 50.5% |
| Male | 52.7% | 49.4% | 49.5% |
Highest level of educational attainment in Grandwood Park for adults over 25
2.0% of adults in Grandwood Park completed < 9th grade.
1.0% of adults in Grandwood Park completed 9-12th grade.
14.0% of adults in Grandwood Park completed high school / ged.
16.0% of adults in Grandwood Park completed some college.
7.0% of adults in Grandwood Park completed associate's degree.
41.0% of adults in Grandwood Park completed bachelor's degree.
16.0% of adults in Grandwood Park completed master's degree.
2.0% of adults in Grandwood Park completed professional degree.
1.0% of adults in Grandwood Park completed doctorate degree.
| Education | Grandwood Park | IL | USA |
|---|---|---|---|
| < 9th Grade | 2.0% | 5.0% | 5.0% |
| 9-12th Grade | 1.0% | 5.0% | 6.0% |
| High School / GED | 14.0% | 25.0% | 26.0% |
| Some College | 16.0% | 20.0% | 19.0% |
| Associate's Degree | 7.0% | 8.0% | 9.0% |
| Bachelor's Degree | 41.0% | 22.0% | 21.0% |
| Master's Degree | 16.0% | 11.0% | 10.0% |
| Professional Degree | 2.0% | 2.0% | 2.0% |
| Doctorate Degree | 1.0% | 2.0% | 2.0% |
Household Income For Grandwood Park, Illinois
0.9% of households in Grandwood Park earn Less than $10,000.
0.4% of households in Grandwood Park earn $10,000 to $14,999.
1.8% of households in Grandwood Park earn $15,000 to $24,999.
8.9% of households in Grandwood Park earn $25,000 to $34,999.
5.0% of households in Grandwood Park earn $35,000 to $49,999.
10.0% of households in Grandwood Park earn $50,000 to $74,999.
13.4% of households in Grandwood Park earn $75,000 to $99,999.
16.6% of households in Grandwood Park earn $100,000 to $149,999.
12.0% of households in Grandwood Park earn $150,000 to $199,999.
31.3% of households in Grandwood Park earn $200,000 or more.
| Income | Grandwood Park | IL | USA |
|---|---|---|---|
| Less than $10,000 | 0.9% | 5.2% | 4.9% |
| $10,000 to $14,999 | 0.4% | 3.4% | 3.6% |
| $15,000 to $24,999 | 1.8% | 6.2% | 6.6% |
| $25,000 to $34,999 | 8.9% | 6.5% | 6.8% |
| $35,000 to $49,999 | 5.0% | 9.9% | 10.4% |
| $50,000 to $74,999 | 10.0% | 15.1% | 15.7% |
| $75,000 to $99,999 | 13.4% | 12.7% | 12.7% |
| $100,000 to $149,999 | 16.6% | 17.9% | 17.4% |
| $150,000 to $199,999 | 12.0% | 9.9% | 9.3% |
| $200,000 or more | 31.3% | 13.1% | 12.6% |
