Grandwood Park is a city located in Lake County Illinois. Grandwood Park has a 2024 population of 5,161. Grandwood Park is currently declining at a rate of -2.18% annually but its population has increased by 0.92% 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.
According to the most recent ACS, the racial composition of Grandwood Park was:
White
Asian
Two or more races
Black or African American
Other race
Native American
Native Hawaiian or Pacific Islander
Household Type | Count | Average Size | Owner | Renter |
|---|---|---|---|---|
| All | 2,008 | 2.68 | 86.5 | 13.5 |
| Married | 1,218 | 3.29 | 95.2 | 4.8 |
| Non Family | 536 | 1.21 | 71.1 | 28.9 |
| Female | 157 | 2.46 | 72 | 28 |
| Male | 97 | 3.64 | 85.6 | 14.4 |
3.21
Average Family Size
2.68
Average Household Size
86.5%
Rate of Home Ownership
Married
Male
Female
NonFamily
owner
renter
Male
Female
Less Than 9th Grade
9th to 12th Grade
High School Graduate
Some College
Associates Degree
Bachelors Degree
Graduate Degree
High School Graduation Rate
Bachelors Rate
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%.
All
Male
Female
$78,986
Average Earnings
$90,000
Average Male
$53,947
Average Female
Only English
Spanish
Other Indo-European Languages
Asian and Pacific Island Languages
Other Languages
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.
rate
3.08%
Overall Poverty Rate
2.42%
Male Poverty Rate
3.79%
Female Poverty Rate
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%.
Married
Widowed
Divorced
Separated
NeverMarried
54.1%
Overall Marriage Rate
54.0%
Male Marriage Rate
54.2%
Female Marriage Rate
male
female
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.
Married
Widowed
Divorced
Separated
NeverMarried
Less Than 9th Grade
High School Graduate
Some College
Bachelors or Greater
0%
Veteran Poverty Rate
12.56%
Veteran Disability Rate
LaborForceParticipation
71.4%
Labor Force Participation
69.1%
Employment Rate
2%
Unemployment Rate
LaborForceParticipation
LaborForceParticipation
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.
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
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.
Year | Population | Growth | Growth Rate |
|---|---|---|---|
| 2024 | 5,161 | -115 | -2.18% |
| 2023 | 5,276 | -115 | -2.13% |
| 2022 | 5,391 | -115 | -2.09% |
| 2021 | 5,506 | 392 | 7.67% |
| 2020 | 5,114 | -56 | -1.08% |
| 2019 | 5,170 | -91 | -1.73% |
| 2018 | 5,261 | -74 | -1.39% |
| 2017 | 5,335 | -136 | -2.49% |
| 2016 | 5,471 | -286 | -4.97% |
| 2015 | 5,757 | 151 | 2.69% |
| 2014 | 5,606 | 135 | 2.47% |
| 2013 | 5,471 | 188 | 3.56% |
| 2012 | 5,283 | 174 | 3.41% |
| 2011 | 5,109 | -93 | -1.79% |
| 2010 | 5,202 | 0 | 0% |