Living in Grafton, Illinois

Cost of living, income, home prices, rent and demographics of Grafton · Census data 2020–2024

Grafton has 734 residents with a median age of 52.2. The median household income is $105,417 (26% higher than the Illinois median), the median home value is $275,800, the median rent is $629/month.

Grafton is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Grafton at a glance

Population
734
Median age
52.2State: 39
Median household income
$105,417State: $83,390
Median home value
$275,800State: $263,300
Median rent
$629/moState: $1,274
Homeowners
87%
Bachelor's degree or higher
37.6%
Average commute
29 min

Is Grafton a good place to live?

Pros: Median household income 26% higher than the Illinois median; unemployment of 0.7%; a poverty rate of 4.8%.

Cons: Home values 5% higher than the state median; an average commute of 29 minutes.

The weather is best in May and August to October.

Cost of living in Grafton

Housing is the biggest part of the cost of living. In Grafton the median home value is $275,800, 17% lower than the U.S. median. Renters pay a median of $629 per month, which is 21.7% of household income. Homeowners with a mortgage pay $2,125 a month in housing costs.

Median home value

Grafton$275,800
Illinois$263,300
United States$332,700

Median monthly rent

Grafton$629
Illinois$1,274
United States$1,413

Grafton median household income

The median household income in Grafton is $105,417 and the income per person is $49,346. 4.8% of residents live below the poverty line (Illinois: 11.8%).

Median household income

Grafton$105,417
Illinois$83,390
United States$80,734

Housing in Grafton: homes for sale and rent

Housing units
464
Owner-occupied
87%
Renter-occupied
13%
Vacant
35.1%Includes seasonal homes
Median year built
1994
Average household size
2.44

35.1% of homes are vacant most of the year, a sign that Grafton has many vacation and second homes.

Grafton demographics

Population
734
Median age
52.2
Under 18
22.2%
65 and older
28.1%
Households
301
Foreign-born
0.4%
Veterans
12.4%Adults 18+

Race and ethnicity

White88.3%
Hispanic or Latino1.4%
Black0%
Asian0%

Hispanic or Latino can be of any race. Population history of Grafton ›

Education in Grafton

37.6% of adults 25 and older in Grafton have a bachelor's degree or higher (Illinois: 37.8%), and 16.8% have a graduate or professional degree.

Bachelor's degree or higher

Grafton37.6%
Illinois37.8%
United States35.7%

Jobs and commute in Grafton

Unemployment rate
0.7%State: 5.8%
Average commute
29 minState: 28 min
Work from home
28.8%
Drive alone
57.3%
Public transit
0%
Walk to work
4.2%
Homes with broadband
88.4%

Grafton vs nearby towns

TownPopulationMedian incomeHome valueRent
Grafton734$105,417$275,800$629
Elsah708$98,125$221,400$1,406
Otterville126$65,991$66,000—
Portage Des Sioux340$62,188$173,000$800
Brussels214$55,875$131,700—
Fieldon200$61,667$91,300—
Godfrey17,712$94,543$192,200$1,153
Jerseyville7,445$73,529$143,900$869
Old Jamestown20,651$99,521$236,100$1,835

More for people moving to Grafton

Grafton ZIP code ›Weather and climate ›

Living in Grafton: FAQ

What is the median household income in Grafton, IL?

The median household income in Grafton is $105,417, 26% higher than the Illinois median of $83,390 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Grafton?

The median home value in Grafton is $275,800, compared with $263,300 in Illinois.

How much is rent in Grafton?

The median gross rent in Grafton is $629 per month, about 21.7% of household income.

Is Grafton, IL a good place to live?

Pluses: median household income 26% higher than the Illinois median; unemployment of 0.7%; a poverty rate of 4.8%. Minuses: home values 5% higher than the state median; an average commute of 29 minutes.

What is the median age in Grafton?

The median age in Grafton is 52.2 years (Illinois: 39).

How long is the commute in Grafton?

The average commute to work in Grafton is 29 minutes; 28.8% of workers work from home.

What is the unemployment rate in Grafton?

The unemployment rate in Grafton is 0.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Grafton?

37.6% of adults in Grafton have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

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