Last updated: 2024 BLS data · Page refreshed:
Grandwood Park has a population of 5,262 with a median age of 42.2. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 5,262 |
| Median Age | 42.2 |
| White | 66.8% |
| Black or African American | 6.1% |
| Asian | 14.7% |
| Hispanic or Latino | 12.5% |
The median household income in Grandwood Park is $126,736, which is 57.2% above the national median of $80,610. The per capita income is $66,248. The poverty rate is 2.8%.
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In Grandwood Park, 96.8% of residents age 25+ have a high school diploma or higher, and 59.2% hold a bachelor's degree or higher (21.3% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 96.8% |
| Bachelor's Degree or Higher | 59.2% |
| Graduate or Professional Degree | 21.3% |
The median home value in Grandwood Park is $330,500, above the national median of $303,400. The median monthly rent is $1,836. The homeownership rate is 87.4%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $330,500 |
| Median Monthly Rent | $1,836 |
| Homeownership Rate | 87.4% |
| Vacancy Rate | 5.3% |
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