Grandwood Park, IL
Demographics And Statistics

Demographics | Cost Of Living
Updated: 2023-12-15

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 5,391.

  • The median home value in Grandwood Park is $323,195.

  • The median income in Grandwood Park is $133,553.

  • The cost of living in Grandwood Park is 112 which is 1.1x higher than the national average.

  • The median rent in Grandwood Park is $1,600.

  • The unemployment rate in Grandwood Park is 2.0%.

  • The poverty rate in Grandwood Park is 3.1%.

  • The average high in Grandwood Park is 57.3° and the average low is 39.5°.

Search Homes For Sale In Grandwood Park, IL

Grandwood Park SnackAbility

7
Overall SnackAbility
Jobs
9.5/10
Housing
8.5
Affordability
9
Diversity
8.5
Safety
N/A
Amenities
8.5
Education
9.5
Commute
5
Search Homes For Sale In Grandwood Park, IL

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 112 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 $323,195.

  • The median income in Grandwood Park is $133,553.

112
Grandwood Park's Overall Cost Of Living
1.1x
Higher Than The National Average

Cost Of Living In Grandwood Park Comparison Table

Living Expense Grandwood Park Illinois National Average
Overall 112 92 100
Services 107 95 100
Groceries 107 98 100
Health 114 96 100
Housing 130 81 100
Transportation 123 105 100
Utilities 99 90 100

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.

StatGrandwood Park
Average Annual High57.3
Average Annual Low39.5
Annual Precipitation Days68.7
Average Annual Precipitation36.1
Average Annual Snowfall39.5
57.3°
Average High
68.7°
Days of Rain

Rankings for Grandwood Park in Illinois

Locations Around Grandwood Park

Map Of Grandwood Park, IL

Best Places Around Grandwood Park

1

Highland Park, IL
Population 30,209

2

Buffalo Grove, IL
Population 42,934

3

Deerfield, IL
Population 19,173

4

Northbrook, IL
Population 34,950

5

Lake Bluff, IL
Population 5,919

6

Lake Zurich, IL
Population 19,749

7

Lindenhurst, IL
Population 14,403

8

Hawthorn Woods, IL
Population 9,111

9

Vernon Hills, IL
Population 26,750

10

Libertyville, IL
Population 20,555

Grandwood Park Demographics And Statistics

Population over time in Grandwood Park

The current population in Grandwood Park is 5,391. The population has increased 7.9% from 2010.

Year Population % Change
2022 5,391 2.5%
2021 5,261 -1.4%
2020 5,335 -2.5%
2019 5,471 -5.0%
2018 5,757 2.7%
2017 5,606 2.5%
2016 5,471 3.6%
2015 5,283 3.4%
2014 5,109 2.2%
2013 4,998 -

Race / Ethnicity in Grandwood Park

White
66.7% (3,595)
African American
5.6% (304)
American Indian
0.0% (0)
Asian
12.0% (646)
Hawaiian
0.0% (0)
Other
0.3% (18)
Two Or More
3.7% (197)
Hispanic
11.7% (631)

Grandwood Park is:

  • 66.7% White with 3,595 White residents.

  • 5.6% African American with 304 African American residents.

  • 0.0% American Indian with 0 American Indian residents.

  • 12.0% Asian with 646 Asian residents.

  • 0.0% Hawaiian with 0 Hawaiian residents.

  • 0.3% Other with 18 Other residents.

  • 3.7% Two Or More with 197 Two Or More residents.

  • 11.7% Hispanic with 631 Hispanic residents.

Race Grandwood Park IL USA
White 66.7% 59.6% 58.9%
African American 5.6% 13.7% 12.1%
American Indian 0.0% 0.1% 0.6%
Asian 12.0% 5.7% 5.7%
Hawaiian 0.0% 0.0% 0.2%
Other 0.3% 0.3% 0.4%
Two Or More 3.7% 2.8% 3.5%
Hispanic 11.7% 17.8% 18.7%

Gender in Grandwood Park

Female
47.9% (2,584)
Male
52.1% (2,807)
  • Grandwood Park is 47.9% female with 2,584 female residents.

  • Grandwood Park is 52.1% male with 2,807 male residents.

Gender Grandwood Park IL USA
Female 47.9% 50.5% 50.4%
Male 52.1% 49.5% 49.6%

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.

  • 12.0% of adults in Grandwood Park completed high school / ged.

  • 18.0% of adults in Grandwood Park completed some college.

  • 7.0% of adults in Grandwood Park completed associate's degree.

  • 42.0% of adults in Grandwood Park completed bachelor's degree.

  • 15.0% 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.

< 9th Grade
2.0% (107)
9-12th Grade
1.0% (53)
High School / GED
12.0% (646)
Some College
18.0% (970)
Associate's Degree
7.0% (377)
Bachelor's Degree
42.0% (2,264)
Master's Degree
15.0% (808)
Professional Degree
2.0% (107)
Doctorate Degree
1.0% (53)
Education Grandwood Park IL USA
< 9th Grade 2.0% 6.0% 4.0%
9-12th Grade 1.0% 5.0% 6.0%
High School / GED 12.0% 25.0% 26.0%
Some College 18.0% 20.0% 20.0%
Associate's Degree 7.0% 8.0% 9.0%
Bachelor's Degree 42.0% 22.0% 21.0%
Master's Degree 15.0% 11.0% 10.0%
Professional Degree 2.0% 2.0% 2.0%
Doctorate Degree 1.0% 1.0% 2.0%

Household Income For Grandwood Park, Illinois

  • 0.7% of households in Grandwood Park earn Less than $10,000.

  • 0.0% of households in Grandwood Park earn $10,000 to $14,999.

  • 9.5% of households in Grandwood Park earn $15,000 to $24,999.

  • 1.4% of households in Grandwood Park earn $25,000 to $34,999.

  • 6.4% of households in Grandwood Park earn $35,000 to $49,999.

  • 10.8% of households in Grandwood Park earn $50,000 to $74,999.

  • 13.9% of households in Grandwood Park earn $75,000 to $99,999.

  • 16.7% of households in Grandwood Park earn $100,000 to $149,999.

  • 12.1% of households in Grandwood Park earn $150,000 to $199,999.

  • 28.5% of households in Grandwood Park earn $200,000 or more.

Less than $10,000
0.7% (4,027)
$10,000 to $14,999
0.0% (0)
$15,000 to $24,999
9.5% (51,278)
$25,000 to $34,999
1.4% (7,517)
$35,000 to $49,999
6.4% (34,364)
$50,000 to $74,999
10.8% (57,990)
$75,000 to $99,999
13.9% (75,173)
$100,000 to $149,999
16.7% (89,939)
$150,000 to $199,999
12.1% (65,239)
$200,000 or more
28.5% (153,568)
Income Grandwood Park IL USA
Less than $10,000 0.7% 5.3% 4.9%
$10,000 to $14,999 0.0% 3.5% 3.8%
$15,000 to $24,999 9.5% 6.7% 7.0%
$25,000 to $34,999 1.4% 7.1% 7.4%
$35,000 to $49,999 6.4% 10.1% 10.7%
$50,000 to $74,999 10.8% 15.4% 16.1%
$75,000 to $99,999 13.9% 12.9% 12.8%
$100,000 to $149,999 16.7% 17.6% 17.1%
$150,000 to $199,999 12.1% 9.4% 8.8%
$200,000 or more 28.5% 12.1% 11.4%

Articles About Illinois

Enjoy The Snack?