Living in Grant Park, Illinois
Cost of living, income, home prices, rent and demographics of Grant Park · Census data 2020–2024
Grant Park has 1,449 residents with a median age of 34.2. The median household income is $78,385 (6% lower than the Illinois median), the median home value is $215,800, the median rent is $1,177/month.
Grant Park is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Grant Park at a glance
- Population
- 1,449
- Median age
- 34.2State: 39
- Median household income
- $78,385State: $83,390
- Median home value
- $215,800State: $263,300
- Median rent
- $1,177/moState: $1,274
- Homeowners
- 70.3%
- Bachelor's degree or higher
- 12.1%
- Average commute
- 29 min
Is Grant Park a good place to live?
Pros: Home values 18% lower than the state median; a poverty rate of 9%.
Cons: Median household income 6% lower than the Illinois median; an average commute of 29 minutes; unemployment of 8.6%.
The weather is best in June to September.
Cost of living in Grant Park
Housing is the biggest part of the cost of living. In Grant Park the median home value is $215,800, 35% lower than the U.S. median. Renters pay a median of $1,177 per month, which is 22.5% of household income. Homeowners with a mortgage pay $1,802 a month in housing costs.
Grant Park median household income
The median household income in Grant Park is $78,385 and the income per person is $27,857. 9% of residents live below the poverty line (Illinois: 11.8%).
Housing in Grant Park: homes for sale and rent
- Housing units
- 467
- Owner-occupied
- 70.3%
- Renter-occupied
- 29.7%
- Vacant
- 4.7%Includes seasonal homes
- Median year built
- 1973
- Average household size
- 3.26
Grant Park demographics
- Population
- 1,449
- Median age
- 34.2
- Under 18
- 39.6%
- 65 and older
- 20.2%
- Households
- 445
- Foreign-born
- 0.5%
- Veterans
- 7.4%Adults 18+
Hispanic or Latino can be of any race. Population history of Grant Park ›
Education in Grant Park
12.1% of adults 25 and older in Grant Park have a bachelor's degree or higher (Illinois: 37.8%), and 3.2% have a graduate or professional degree.
Jobs and commute in Grant Park
- Unemployment rate
- 8.6%State: 5.8%
- Average commute
- 29 minState: 28 min
- Work from home
- 5.5%
- Drive alone
- 84.7%
- Public transit
- 0.6%
- Walk to work
- 5.5%
- Homes with broadband
- 90.6%
Grant Park vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Grant Park | 1,449 | $78,385 | $215,800 | $1,177 |
| Momence | 3,291 | $58,365 | $154,800 | $803 |
| Beecher | 4,728 | $103,415 | $269,500 | $1,078 |
| Sun River Terrace | 636 | $65,481 | $125,000 | $1,083 |
| Peotone | 4,587 | $108,523 | $271,000 | $979 |
| Schneider | 230 | $63,182 | $172,500 | $1,125 |
| Manteno | 9,030 | $97,634 | $248,400 | $1,141 |
| Sumava Resorts | 143 | $16,952 | $155,500 | — |
| Lowell | 11,073 | $84,024 | $248,000 | $1,123 |
More for people moving to Grant Park
Grant Park ZIP code ›Weather and climate ›Living in Grant Park: FAQ
What is the median household income in Grant Park, IL?
The median household income in Grant Park is $78,385, 6% 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 Grant Park?
The median home value in Grant Park is $215,800, compared with $263,300 in Illinois.
How much is rent in Grant Park?
The median gross rent in Grant Park is $1,177 per month, about 22.5% of household income.
Is Grant Park, IL a good place to live?
Pluses: home values 18% lower than the state median; a poverty rate of 9%. Minuses: median household income 6% lower than the Illinois median; an average commute of 29 minutes; unemployment of 8.6%.
What is the median age in Grant Park?
The median age in Grant Park is 34.2 years (Illinois: 39).
How long is the commute in Grant Park?
The average commute to work in Grant Park is 29 minutes; 5.5% of workers work from home.
What is the unemployment rate in Grant Park?
The unemployment rate in Grant Park is 8.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Grant Park?
12.1% of adults in Grant Park 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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