Living in Grand Ridge, Illinois
Cost of living, income, home prices, rent and demographics of Grand Ridge · Census data 2020–2024
Grand Ridge has 584 residents with a median age of 32.5. The median household income is $78,929 (5% lower than the Illinois median), the median home value is $158,700, the median rent is $1,023/month.
Grand Ridge is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Grand Ridge at a glance
- Population
- 584
- Median age
- 32.5State: 39
- Median household income
- $78,929State: $83,390
- Median home value
- $158,700State: $263,300
- Median rent
- $1,023/moState: $1,274
- Homeowners
- 85.1%
- Bachelor's degree or higher
- 17.1%
- Average commute
- 32 min
Is Grand Ridge a good place to live?
Pros: Home values 40% lower than the state median; unemployment of 2.6%.
Cons: Median household income 5% lower than the Illinois median; an average commute of 32 minutes; a poverty rate of 14.6%.
The weather is best in June to September.
Cost of living in Grand Ridge
Housing is the biggest part of the cost of living. In Grand Ridge the median home value is $158,700, 52% lower than the U.S. median. Renters pay a median of $1,023 per month, which is 21.3% of household income. Homeowners with a mortgage pay $1,250 a month in housing costs.
Grand Ridge median household income
The median household income in Grand Ridge is $78,929 and the income per person is $34,747. 14.6% of residents live below the poverty line (Illinois: 11.8%).
Housing in Grand Ridge: homes for sale and rent
- Housing units
- 247
- Owner-occupied
- 85.1%
- Renter-occupied
- 14.9%
- Vacant
- 7.7%Includes seasonal homes
- Median year built
- 1947
- Average household size
- 2.56
Grand Ridge demographics
- Population
- 584
- Median age
- 32.5
- Under 18
- 26.7%
- 65 and older
- 11.6%
- Households
- 228
- Foreign-born
- 1%
- Veterans
- 7.6%Adults 18+
Hispanic or Latino can be of any race. Population history of Grand Ridge ›
Education in Grand Ridge
17.1% of adults 25 and older in Grand Ridge have a bachelor's degree or higher (Illinois: 37.8%), and 3% have a graduate or professional degree.
Jobs and commute in Grand Ridge
- Unemployment rate
- 2.6%State: 5.8%
- Average commute
- 32 minState: 28 min
- Work from home
- 3.5%
- Drive alone
- 89.9%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 95.2%
Grand Ridge vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Grand Ridge | 584 | $78,929 | $158,700 | $1,023 |
| Kangley | 302 | $88,125 | $96,100 | $686 |
| Naplate | 589 | $71,875 | $135,600 | $1,019 |
| Streator | 12,330 | $57,609 | $94,700 | $852 |
| Ottawa | 18,447 | $71,413 | $154,000 | $920 |
| Marseilles | 4,279 | $58,217 | $142,500 | $1,041 |
| Ransom | 245 | $82,500 | $93,300 | $775 |
| Dayton | 271 | $73,750 | $271,000 | — |
| Seneca | 2,450 | $86,830 | $227,500 | $1,149 |
More for people moving to Grand Ridge
Grand Ridge ZIP code ›Weather and climate ›Living in Grand Ridge: FAQ
What is the median household income in Grand Ridge, IL?
The median household income in Grand Ridge is $78,929, 5% lower 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 Grand Ridge?
The median home value in Grand Ridge is $158,700, compared with $263,300 in Illinois.
How much is rent in Grand Ridge?
The median gross rent in Grand Ridge is $1,023 per month, about 21.3% of household income.
Is Grand Ridge, IL a good place to live?
Pluses: home values 40% lower than the state median; unemployment of 2.6%. Minuses: median household income 5% lower than the Illinois median; an average commute of 32 minutes; a poverty rate of 14.6%.
What is the median age in Grand Ridge?
The median age in Grand Ridge is 32.5 years (Illinois: 39).
How long is the commute in Grand Ridge?
The average commute to work in Grand Ridge is 32 minutes; 3.5% of workers work from home.
What is the unemployment rate in Grand Ridge?
The unemployment rate in Grand Ridge is 2.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Grand Ridge?
17.1% of adults in Grand Ridge 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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