Grandwood Park, Illinois Population 2023

5,506

Grandwood Park is a city located in Lake County Illinois. Grandwood Park has a 2023 population of 5,506. Grandwood Park is currently growing at a rate of 7.67% annually and its population has increased by 7.67% since the most recent census, which recorded a population of 5,114 in 2020.

The average household income in Grandwood Park is $135,833 with a poverty rate of 2.3%. The median rental costs in recent years comes to - per month, and the median house value is -. The median age in Grandwood Park is 42.1 years, 43.9 years for males, and 41.2 years for females.

Grandwood Park Demographics

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

  • White: 77.06%
  • Asian: 13.45%
  • Black or African American: 5.61%
  • Two or more races: 3.05%
  • Other race: 0.82%
  • Native American: 0%
  • Native Hawaiian or Pacific Islander: 0%
The current population of Grandwood Park, Illinois is 5,506 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 2023

Population by Race

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White

Asian

Black or African American

Two or more races

Other race

Native American

Native Hawaiian or Pacific Islander

Grandwood Park Population by Race

Grandwood Park Population Pyramid 2023

Grandwood Park Median Age

42.1

Total

43.9

Male

41.2

Female

Grandwood Park Adults

There are 3,917 adults, (389 of whom are seniors) in Grandwood Park.

Grandwood Park Age Dependency

45

Age Dependency Ratio

11

Old Age Dependency Ratio

33.9

Child Dependency Ratio

Grandwood Park Sex Ratio

Female2,50649%
Male2,60851%

Grandwood Park Population by Age

Grandwood Park Renter vs Owner Occupied by Household Type

3.21

Average Family Size

2.7

Average Household Size

89.4%

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 other race people with a rate of 100%.

The highest rate of bachelors degrees is among asian people with a rate of 52.52%.

Grandwood Park Educational Attainment by Race

All

Male

Female

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$63,911

Average Earnings

$93,803

Average Male

$46,026

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

81.57% of Grandwood Park residents speak only English, while 18.43% speak other languages. The non-English language spoken by the largest group is Asian and Pacific Island languages, which is spoken by 11.37% of the population.

Grandwood Park Language

Grandwood Park Poverty by Race

rate

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2.3%

Overall Poverty Rate

1.46%

Male Poverty Rate

2.35%

Female Poverty Rate

Poverty in Grandwood Park

The race most likely to be in poverty in Grandwood Park is Hispanic, with 6.67% below the poverty level.

The race least likely to be in poverty in Grandwood Park is White, with 1.85% below the poverty level.

The poverty rate among those that worked full-time for the past 12 months was 0.45%. Among those working part-time, it was 1.59%, and for those that did not work, the poverty rate was 5.04%.

Grandwood Park Poverty

rate

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Grandwood Park Poverty Rate by Education

rate

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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

59.4%

Overall Marriage Rate

60.3%

Male Marriage Rate

58.4%

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 45-54, 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

266

Number of Veterans

190

Male Veterans

76

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

0%

Veteran Poverty Rate

12.03%

Veteran Disability Rate

Grandwood Park Veterans by Education

LaborForceParticipation

74.7%

Labor Force Participation

72.9%

Employment Rate

1.5%

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

57.41%

Born in Grandwood Park

85.69%

Native Born

14.31%

Foreign Born

4.11%

Non Citizen

10.21%

Naturalized

Place of Birth

85.69% of Grandwood Park residents were born in the United States, with 57.41% having been born in Illinois. 4.11% 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 2021 is projected based on recent change
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Grandwood Park Population by Year