Grandwood Park, Illinois Population 2024

5,391

Grandwood Park is a city located in Lake County Illinois. Grandwood Park has a 2024 population of 5,391. Grandwood Park is currently declining at a rate of annually and its population has increased by 5.42% since the most recent census, which recorded a population of 5,114 in 2020.

The average household income in Grandwood Park is $161,033 with a poverty rate of 3.08%. The median rental costs in recent years comes to - per month, and the median house value is -. The median age in Grandwood Park is 41.2 years, 42 years for males, and 39.5 years for females.

Grandwood Park Demographics

According to the most recent ACS, the racial composition of Grandwood Park was:

  • White: 73.62%
  • Asian: 12.15%
  • Two or more races: 6.05%
  • Black or African American: 5.64%
  • Other race: 2.54%
  • Native American:
  • Native Hawaiian or Pacific Islander:
Land Area (mi²)
1.6 sq mi
Density (mi²)
3,329.70/sq mi
Growth Since 2020
5.42% (277)
The current population of Grandwood Park, Illinois is 5,391 based on our projections of the latest US Census estimates.The last official US Census in 2020 recorded the population at 5,114.

Grandwood Park, Illinois Population 2024

Population by Race

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Race
Population
Percentage (of total)
White3,96973.62%
Asian65512.15%
Two or more races3266.05%
Black or African American3045.64%
Other race1372.54%
Native American
Native Hawaiian or Pacific Islander
showing: 7 rows

White

Asian

Two or more races

Black or African American

Other race

Native American

Native Hawaiian or Pacific Islander

Grandwood Park Population by Race

Grandwood Park Population Pyramid 2024

Grandwood Park Median Age

41.2

Total

42

Male

39.5

Female

Grandwood Park Adults

There are 4,252 adults, (572 of whom are seniors) in Grandwood Park.

Grandwood Park Age Dependency

46.5

Age Dependency Ratio

15.5

Old Age Dependency Ratio

31

Child Dependency Ratio

Grandwood Park Sex Ratio

Female2,58447.93%
Male2,80752.07%

Grandwood Park Population by Age

Grandwood Park Renter vs Owner Occupied by Household Type

Household Type
Count
Average Size
Owner
Renter
All2,0082.6886.513.5
Married1,2183.2995.24.8
Non Family5361.2171.128.9
Female1572.467228
Male973.6485.614.4
showing: 5 rows

3.21

Average Family Size

2.68

Average Household Size

86.5%

Rate of Home Ownership

Married

Male

Female

NonFamily

owner

renter

Grandwood Park Households and Families

Male

Female

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Less Than 9th Grade

9th to 12th Grade

High School Graduate

Some College

Associates Degree

Bachelors Degree

Graduate Degree

Grandwood Park Educational Attainment by Sex (over 25)

Grandwood Park Educational Attainment by Race

High School Graduation Rate

Bachelors Rate

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The highest rate of high school graduation is among black people with a rate of 100%.

The highest rate of bachelors degrees is among asian people with a rate of 73.78%.

Grandwood Park Educational Attainment by Race

All

Male

Female

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$78,986

Average Earnings

$90,000

Average Male

$53,947

Average Female

Grandwood Park Earnings by Educational Attainment

Grandwood Park Language by Age

Only English

Spanish

Other Indo-European Languages

Asian and Pacific Island Languages

Other Languages

Grandwood Park Language

80.77% of Grandwood Park residents speak only English, while 19.23% speak other languages. The non-English language spoken by the largest group is Other Indo-European, which is spoken by 7.15% of the population.

Grandwood Park Language

Grandwood Park Poverty by Race

rate

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Name
Total
In Poverty
Poverty Rate
White3,595862.39%
Hispanic631609.51%
Other1373928.47%
Asian655203.05%
showing: 4 rows

3.08%

Overall Poverty Rate

2.42%

Male Poverty Rate

3.79%

Female Poverty Rate

Poverty in Grandwood Park

The race most likely to be in poverty in Grandwood Park is Other, with 28.47% below the poverty level.

The race least likely to be in poverty in Grandwood Park is White, with 2.39% below the poverty level.

The poverty rate among those that worked full-time for the past 12 months was 0.53%. Among those working part-time, it was 3.99%, and for those that did not work, the poverty rate was 5.6%.

Grandwood Park Poverty

rate

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Rate
Poverty
Less Than 9th Grade16.67%
High School5.03%
Some College1.67%
Bachelors or Greater1.38%
showing: 4 rows

Grandwood Park Poverty Rate by Education

rate

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Rate
Poverty
Male Employed2.54%
Female Employed1.41%
Male Unemployed
Female Unemployed
showing: 4 rows

Grandwood Park Poverty Rate by Employment Status and Sex

Grandwood Park Income by Household Type

Households

Families

MarriedFamilies

NonFamilies

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mean

median

Income by Household Type

Grandwood Park Marital Status

Married

Widowed

Divorced

Separated

NeverMarried

Marriage Rates

54.1%

Overall Marriage Rate

54.0%

Male Marriage Rate

54.2%

Female Marriage Rate

Grandwood Park Married by Age and Sex

male

female

Grandwood Park Marriage

The age group where males are most likely to be married is Over 65, while the female age group most likely to be married is 45-54.

Grandwood Park Marital Status by Race

Married

Widowed

Divorced

Separated

NeverMarried

Grandwood Park Marital Status

Second Gulf War

First Gulf War

Vietnam

Korea

World War II

215

Number of Veterans

187

Male Veterans

28

Female Veterans

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Grandwood Park Veterans by War

count

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Grandwood Park Veterans by Age

count

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Grandwood Park Veterans by Race

Grandwood Park Veterans by Education

Less Than 9th Grade

High School Graduate

Some College

Bachelors or Greater

Veteran Poverty Rate

12.56%

Veteran Disability Rate

Grandwood Park Veterans by Education

LaborForceParticipation

71.4%

Labor Force Participation

69.1%

Employment Rate

2%

Unemployment Rate

Grandwood Park Employment by Age

LaborForceParticipation

Grandwood Park Employment by Race

LaborForceParticipation

Grandwood Park Employment by Education

Origin of Non-Citizens

Europe

Asia

Africa

Oceania

Latin America

North America

Non citizens include legal permanent residents (green card holders), international students, temporary workers, humanitarian migrants, and illegal immigrants.

Origin of Naturalized Citizens

Europe

Asia

Africa

Oceania

Latin America

North America

58.52%

Born in Grandwood Park

84.29%

Native Born

15.71%

Foreign Born

3.84%

Non Citizen

11.87%

Naturalized

Place of Birth

84.29% of Grandwood Park residents were born in the United States, with 58.52% having been born in Illinois. 3.84% of residents are not US citizens. Of those not born in the United States, the largest percentage are from Asia.

Grandwood Park Place of Birth

Note: data after 2022 is projected based on recent change

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Year
Population
Growth
Growth Rate
20245,391
20235,391
20225,391-115-2.09%
20215,5063927.67%
20205,114-56-1.08%
20195,170-91-1.73%
20185,261-74-1.39%
20175,335-136-2.49%
20165,471-286-4.97%
20155,7571512.69%
20145,6061352.47%
20135,4711883.56%
20125,2831743.41%
20115,109-93-1.79%
20105,202
showing: 15 rows

Grandwood Park Population by Year