Living in New Grand Chain, Illinois
Cost of living, income, home prices, rent and demographics of New Grand Chain · Census data 2020–2024
New Grand Chain has 151 residents with a median age of 47.8. The median home value is $63,300, the median rent is $581/month.
New Grand Chain is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
New Grand Chain at a glance
- Population
- 151
- Median age
- 47.8State: 39
- Median home value
- $63,300State: $263,300
- Median rent
- $581/moState: $1,274
- Homeowners
- 59.8%
- Bachelor's degree or higher
- 6.9%
- Average commute
- 27 min
Is New Grand Chain a good place to live?
Pros: Home values 76% lower than the state median; an average commute of 27 minutes; unemployment of 2.8%.
Cons: A poverty rate of 19.9%.
The weather is best in May and August to October.
Cost of living in New Grand Chain
Housing is the biggest part of the cost of living. In New Grand Chain the median home value is $63,300, 81% lower than the U.S. median. Renters pay a median of $581 per month, which is 13.8% of household income. Homeowners with a mortgage pay $900 a month in housing costs.
Housing in New Grand Chain: homes for sale and rent
- Housing units
- 101
- Owner-occupied
- 59.8%
- Renter-occupied
- 40.2%
- Vacant
- 13.9%Includes seasonal homes
- Median year built
- 1955
- Average household size
- 1.74
New Grand Chain demographics
- Population
- 151
- Median age
- 47.8
- Under 18
- 13.9%
- 65 and older
- 20.5%
- Households
- 87
- Foreign-born
- 0.7%
- Veterans
- 8.5%Adults 18+
Hispanic or Latino can be of any race. Population history of New Grand Chain ›
Education in New Grand Chain
6.9% of adults 25 and older in New Grand Chain have a bachelor's degree or higher (Illinois: 37.8%), and 1.7% have a graduate or professional degree.
Jobs and commute in New Grand Chain
- Unemployment rate
- 2.8%State: 5.8%
- Average commute
- 27 minState: 28 min
- Work from home
- 0%
- Drive alone
- 93.9%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 62.1%
New Grand Chain vs nearby towns
More for people moving to New Grand Chain
New Grand Chain ZIP code ›Weather and climate ›Living in New Grand Chain: FAQ
What is the average home price in New Grand Chain?
The median home value in New Grand Chain is $63,300, compared with $263,300 in Illinois.
How much is rent in New Grand Chain?
The median gross rent in New Grand Chain is $581 per month, about 13.8% of household income.
Is New Grand Chain, IL a good place to live?
Pluses: home values 76% lower than the state median; an average commute of 27 minutes; unemployment of 2.8%. Minuses: a poverty rate of 19.9%.
What is the median age in New Grand Chain?
The median age in New Grand Chain is 47.8 years (Illinois: 39).
How long is the commute in New Grand Chain?
The average commute to work in New Grand Chain is 27 minutes; 0% of workers work from home.
What is the unemployment rate in New Grand Chain?
The unemployment rate in New Grand Chain is 2.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is New Grand Chain?
6.9% of adults in New Grand Chain 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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