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Grand Tower, 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
502
Population
$46,875
Median Income
$39,000
Home Value
23.9
Median Age

Demographics

Grand Tower has a population of 502 with a median age of 23.9. Here is the racial and ethnic breakdown of the population:

White
92.0%
Hispanic
7.8%
Demographic Value
Total Population502
Median Age23.9
White92.0%
Hispanic or Latino7.8%
Grand Tower, Illinois — racial composition (Census ACS 2024)Donut chart of 2 segments totaling 100.White: 92.2%Hispanic/Latino: 7.8%502PopulationWhiteWhite92.2%Hispanic/LatinoHispanic/Latino7.8%

Income & Economy

The median household income in Grand Tower is $46,875, which is 41.8% below the national median of $80,610. The per capita income is $20,303. The poverty rate is 30.1%.

$46,875
Median Household Income
$20,303
Per Capita Income
30.1%
Poverty Rate

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Education

In Grand Tower, 93.3% of residents age 25+ have a high school diploma or higher, and 2.1% hold a bachelor's degree or higher.

HS Diploma+
93.3%
Bachelor's+
2.1%
Education Level % of Adults (25+)
High School Diploma or Higher93.3%
Bachelor's Degree or Higher2.1%

Housing

The median home value in Grand Tower is $39,000, below the national median of $303,400. The median monthly rent is $682. The homeownership rate is 58.1%.

$39,000
Median Home Value
$682/mo
Median Rent
58.1%
Homeownership Rate
Housing Metric Value
Median Home Value$39,000
Median Monthly Rent$682
Homeownership Rate58.1%
Vacancy Rate17.9%

Salaries in Illinois

Explore salary data for popular occupations in Illinois:

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Other Cities in Illinois

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Frequently Asked Questions

What is the population of Grand Tower, Illinois?
The population of Grand Tower, Illinois is 502 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Grand Tower, Illinois?
The median household income in Grand Tower, Illinois is $46,875. This is 41.8% below the national median of $80,610.
What is the median home value in Grand Tower, Illinois?
The median home value in Grand Tower, Illinois is $39,000. The median monthly rent is $682.
What percentage of people in Grand Tower have a college degree?
In Grand Tower, Illinois, 2.1% of adults age 25 and older hold a bachelor's degree or higher, and 93.3% have a high school diploma or higher.
Is Grand Tower, Illinois an affordable place to live?
The home price-to-income ratio in Grand Tower, Illinois is 0.8x (median home value $39,000 vs. median income $46,875), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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