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Grafton, Illinois

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
734
Population
$105,417
Median Income
$275,800
Home Value
52.2
Median Age

Demographics

Grafton has a population of 734 with a median age of 52.2. Here is the racial and ethnic breakdown of the population:

White
88.3%
Other
10.3%
Hispanic
1.4%
Demographic Value
Total Population734
Median Age52.2
White88.3%
Hispanic or Latino1.4%
Other / Two or More Races10.3%
Grafton, Illinois — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 100.White: 88.3%Other: 10.3%Other: 1.4%734PopulationWhiteWhite88.3%OtherOther10.3%OtherOther1.4%

Income & Economy

The median household income in Grafton is $105,417, which is 30.8% above the national median of $80,610. The per capita income is $49,346. The poverty rate is 4.8%.

$105,417
Median Household Income
$49,346
Per Capita Income
4.8%
Poverty Rate

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Education

In Grafton, 98.9% of residents age 25+ have a high school diploma or higher, and 37.6% hold a bachelor's degree or higher (16.8% with a graduate or professional degree).

HS Diploma+
98.9%
Bachelor's+
37.6%
Graduate+
16.8%
Education Level % of Adults (25+)
High School Diploma or Higher98.9%
Bachelor's Degree or Higher37.6%
Graduate or Professional Degree16.8%

Housing

The median home value in Grafton is $275,800, below the national median of $303,400. The median monthly rent is $629. The homeownership rate is 87.0%.

$275,800
Median Home Value
$629/mo
Median Rent
87.0%
Homeownership Rate
Housing Metric Value
Median Home Value$275,800
Median Monthly Rent$629
Homeownership Rate87.0%
Vacancy Rate35.1%

Salaries in Illinois

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Frequently Asked Questions

What is the population of Grafton, Illinois?
The population of Grafton, Illinois is 734 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Grafton, Illinois?
The median household income in Grafton, Illinois is $105,417. This is 30.8% above the national median of $80,610.
What is the median home value in Grafton, Illinois?
The median home value in Grafton, Illinois is $275,800. The median monthly rent is $629.
What percentage of people in Grafton have a college degree?
In Grafton, Illinois, 37.6% of adults age 25 and older hold a bachelor's degree or higher, and 98.9% have a high school diploma or higher.
Is Grafton, Illinois an affordable place to live?
The home price-to-income ratio in Grafton, Illinois is 2.6x (median home value $275,800 vs. median income $105,417), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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