Living in Granville, Illinois

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

Granville has 1,472 residents with a median age of 42.6. The median household income is $70,556 (15% lower than the Illinois median), the median home value is $142,500, the median rent is $763/month.

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

Granville at a glance

Population
1,472
Median age
42.6State: 39
Median household income
$70,556State: $83,390
Median home value
$142,500State: $263,300
Median rent
$763/moState: $1,274
Homeowners
81.5%
Bachelor's degree or higher
22.8%
Average commute
24 min

Is Granville a good place to live?

Pros: Home values 46% lower than the state median; an average commute of 24 minutes; unemployment of 4.7%; a poverty rate of 5.3%.

Cons: Median household income 15% lower than the Illinois median.

The weather is best in May–June and August–September.

Cost of living in Granville

Housing is the biggest part of the cost of living. In Granville the median home value is $142,500, 57% lower than the U.S. median. Renters pay a median of $763 per month, which is 19.5% of household income. Homeowners with a mortgage pay $1,346 a month in housing costs.

Median home value

Granville$142,500
Illinois$263,300
United States$332,700

Median monthly rent

Granville$763
Illinois$1,274
United States$1,413

Granville median household income

The median household income in Granville is $70,556 and the income per person is $37,216. 5.3% of residents live below the poverty line (Illinois: 11.8%).

Median household income

Granville$70,556
Illinois$83,390
United States$80,734

Housing in Granville: homes for sale and rent

Housing units
718
Owner-occupied
81.5%
Renter-occupied
18.5%
Vacant
14.2%Includes seasonal homes
Median year built
1957
Average household size
2.39

Granville demographics

Population
1,472
Median age
42.6
Under 18
22.3%
65 and older
25.5%
Households
616
Foreign-born
3.1%
Veterans
5.9%Adults 18+

Race and ethnicity

White86.1%
Hispanic or Latino11.4%
Black1.2%
Asian0%

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

Education in Granville

22.8% of adults 25 and older in Granville have a bachelor's degree or higher (Illinois: 37.8%), and 6.3% have a graduate or professional degree.

Bachelor's degree or higher

Granville22.8%
Illinois37.8%
United States35.7%

Jobs and commute in Granville

Unemployment rate
4.7%State: 5.8%
Average commute
24 minState: 28 min
Work from home
2.3%
Drive alone
92%
Public transit
1.5%
Walk to work
0%
Homes with broadband
90.9%

Granville vs nearby towns

TownPopulationMedian incomeHome valueRent
Granville1,472$70,556$142,500$763
Mark574$79,063$161,600$938
Standard250$60,000$108,100$850
Hennepin929$83,000$168,300$849
Spring Valley5,476$70,598$153,300$915
Cedar Point262$73,125$90,000$1,288
De Pue1,532$58,417$59,300$819
McNabb233$84,000$133,300$833
Dalzell736$77,500$161,700$919

More for people moving to Granville

Granville ZIP code ›Weather and climate ›

Living in Granville: FAQ

What is the median household income in Granville, IL?

The median household income in Granville is $70,556, 15% 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 Granville?

The median home value in Granville is $142,500, compared with $263,300 in Illinois.

How much is rent in Granville?

The median gross rent in Granville is $763 per month, about 19.5% of household income.

Is Granville, IL a good place to live?

Pluses: home values 46% lower than the state median; an average commute of 24 minutes; unemployment of 4.7%; a poverty rate of 5.3%. Minuses: median household income 15% lower than the Illinois median.

What is the median age in Granville?

The median age in Granville is 42.6 years (Illinois: 39).

How long is the commute in Granville?

The average commute to work in Granville is 24 minutes; 2.3% of workers work from home.

What is the unemployment rate in Granville?

The unemployment rate in Granville is 4.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Granville?

22.8% of adults in Granville 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.

Last updated: