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Grandwood Park CDP, Illinois

City

Population: 5,311 (2023 estimate)

Located in Illinois , Illinois

Census Bureau data for Grandwood Park CDP from the American Community Survey. "Cities" in Census data include incorporated places, towns, villages, and census-designated places (CDPs) — all places where the Census collects community-level estimates.

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Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).

Quick Facts — Grandwood Park CDP

What is the median household income in Grandwood Park CDP?
The median household income in Grandwood Park CDP is $124,847 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
What is the poverty rate in Grandwood Park CDP?
The poverty rate in Grandwood Park CDP is 1.4% (U.S. Census Bureau ACS 2023).
What is the median home value in Grandwood Park CDP?
$313,000 (U.S. Census Bureau ACS 2023).
What is the average rent in Grandwood Park CDP?
The median gross rent in Grandwood Park CDP is $1,797 per month (U.S. Census Bureau ACS 2023).
What percentage of Grandwood Park CDP residents have a college degree?
59.1% of adults in Grandwood Park CDP hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
5,311
Median Income
$124,847
Median Home Value
$313,000
Poverty Rate
1.4%
Unemployment (ACS 2023)
2.0%
Median Age
42.0 yrs
Since 2019 Median Income: +$6,858 (+5.8%) Home Value: +$84,500 (+37%) Poverty Rate: -1.9 pp (-57.6%) Bachelor's+: +5.8 pp (+10.9%) Unemployment: -0.5 pp (-20%)

Demographics

Total Population 5,311
Median Age 42.0
Female 47.3%
Race & Ethnicity
Hispanic or Latino 14.0% White (non-Hisp.) 64.0% Black 6.7% Asian 13.4% Two or More 6.5% Other 4.9%
Asian Subgroups (% of total pop.)
Indian
4.2%
Filipino
3.0%
Chinese
2.3%
Korean
1.4%
Japanese
1.0%
Hispanic Subgroups (% of total pop.)
Mexican
7.0%
Puerto Rican
2.8%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Income & Poverty

Median Household Income $124,847 ±$28,997
+$43,145 vs. state
Per Capita Income $165,078
Median Family Income $151,981
Poverty Rate 1.4%
-6.8 pp vs. state
Child Poverty Rate 3.0%
Working-Age Poverty Rate
SNAP Recipients 3.0%
Social Security Income
Retirement Income 21.5%
Household Income Distribution
< $10k
0.9%
$10–15k
0.4%
$15–25k
1.8%
$25–35k
8.9%
$35–50k
5.0%
$50–75k
10.0%
$75–100k
13.4%
$100–150k
16.6%
$150–200k
12.0%
$200k+
31.3%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Housing

Total Housing Units 2,135
Owner-Occupied 86.8%
Renter-Occupied 13.2%
Vacancy Rate 6.5%
Median Home Value $313,000
+$62,500 vs. state
Median Gross Rent $1,797
Owner Cost Burden (30%+) 11.2%
Renter Cost Burden (30%+) 51.7%
Home Value Distribution
< $50k
2.4%
$100–200k
1.0%
$200–300k
36.9%
$300–500k
44.7%
$500k–$1M
7.9%
$1M+
0.5%
Gross Rent Distribution
< $500
2.7%
$1–1.5k
24.6%
$1.5–2k
38.3%
$2–2.5k
34.5%
Vehicle Availability
No vehicle
0.6%
1 vehicle
31.5%
2 vehicles
42.8%
3+
25.1%
Housing Type
Single-fam. det.
86.4%
Single-fam. att.
7.8%
2–4 units
1.7%
5–19 units
0.3%
20+ units
2.4%
Housing Age
1940–1969
0.5%
1970–1999
15.3%
2000–2009
14.7%
2010+
0.8%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Education

High School or Higher 96.5%
Bachelor's or Higher 59.1%
+21.9 pp vs. state
Graduate Degree 18.5%
Some College / Associate 16.1%
Less Than High School 2.0%
Enrolled in School

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Employment

Labor Force Participation 68.4%
Unemployment Rate 2.0%
-3.8 pp vs. state
Work from Home 18.8%
Self-Employed 8.2%
Government Workers 12.0%
Private For-Profit 79.8%
Industry
Edu/Health
18.8%
Manufacturing
17.3%
Arts/Entmt.
16.2%
Prof. Services
12.2%
Retail
10.6%
Finance
7.4%
Construction
4.7%
Public Admin
3.8%
Transportation
2.7%
Wholesale
2.4%
Information
1.9%
Agriculture
0.1%
Occupation
Management
60.3%
Sales
15.6%
Food Prep
11.6%
Construction
6.5%
Production
6.1%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Commute

Median Travel Time 27.2 min
Drove Alone 72.9%
Carpool 4.9%
Public Transit 0.6%
Work from Home 18.8%
Walked 1.2%
Bicycle

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Households & Families

Total Households 1,996
Avg. Household Size 2.00
Avg. Family Size
Married-Couple Households 56.9%
Single-Mother Households
Single-Father Households
Living Alone
Households with Children 23.9%
Multigenerational

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Age Distribution

Under 5
3.4%
5–9
5.4%
10–14
4.3%
15–19
11.7%
20–24
6.4%
25–34
10.2%
35–44
11.6%
45–54
18.0%
55–64
10.3%
65–74
7.0%
75–84
6.2%
85+
4.5%
Under 18: 20.3% Working age (18–64): 79.7% 65 and over: 11.6%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Social Characteristics

Immigration

Foreign Born 14.3%
Naturalized Citizen 54.8%
Speaks English Less Than Very Well 5.1%
Foreign-Born Origin
Asia
57.4%
Latin America
33.2%
Europe
7.4%

Veterans & Disability

Veteran 4.3%
With a Disability 9.0%
Cognitive Difficulty
Ambulatory Difficulty

Health Insurance

Insured 97.9%
Uninsured 2.1%
Employer Insurance
Medicaid
Medicare

Technology & Mobility

Broadband Internet 97.5%
Has a Computer 98.1%
Same House 1 Year Ago 94.2%
Moved from Abroad 0.4%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

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