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Grant Park, 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
1,449
Population
$78,385
Median Income
$215,800
Home Value
34.2
Median Age

Demographics

Grant Park has a population of 1,449 with a median age of 34.2. Here is the racial and ethnic breakdown of the population:

White
95.1%
Hispanic
4.3%
Other
0.6%
Demographic Value
Total Population1,449
Median Age34.2
White95.1%
Hispanic or Latino4.3%
Other / Two or More Races0.6%
Grant Park, Illinois — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 100.White: 95.1%Hispanic/Latino: 4.3%Other: 0.6%1,449PopulationWhiteWhite95.1%Hispanic/LatinoHispanic/Latino4.3%OtherOther0.6%

Income & Economy

The median household income in Grant Park is $78,385, which is 2.8% below the national median of $80,610. The per capita income is $27,857. The poverty rate is 9.0%.

$78,385
Median Household Income
$27,857
Per Capita Income
9.0%
Poverty Rate

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Education

In Grant Park, 95.8% of residents age 25+ have a high school diploma or higher, and 12.1% hold a bachelor's degree or higher (3.2% with a graduate or professional degree).

HS Diploma+
95.8%
Bachelor's+
12.1%
Graduate+
3.2%
Education Level % of Adults (25+)
High School Diploma or Higher95.8%
Bachelor's Degree or Higher12.1%
Graduate or Professional Degree3.2%

Housing

The median home value in Grant Park is $215,800, below the national median of $303,400. The median monthly rent is $1,177. The homeownership rate is 70.3%.

$215,800
Median Home Value
$1,177/mo
Median Rent
70.3%
Homeownership Rate
Housing Metric Value
Median Home Value$215,800
Median Monthly Rent$1,177
Homeownership Rate70.3%
Vacancy Rate4.7%

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Frequently Asked Questions

What is the population of Grant Park, Illinois?
The population of Grant Park, Illinois is 1,449 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Grant Park, Illinois?
The median household income in Grant Park, Illinois is $78,385. This is 2.8% below the national median of $80,610.
What is the median home value in Grant Park, Illinois?
The median home value in Grant Park, Illinois is $215,800. The median monthly rent is $1,177.
What percentage of people in Grant Park have a college degree?
In Grant Park, Illinois, 12.1% of adults age 25 and older hold a bachelor's degree or higher, and 95.8% have a high school diploma or higher.
Is Grant Park, Illinois an affordable place to live?
The home price-to-income ratio in Grant Park, Illinois is 2.8x (median home value $215,800 vs. median income $78,385), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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