Grandwood Park is a CDP located in Lake County, Illinois. Grandwood Park has a 2026 population of 5,336. Grandwood Park is currently growing at a rate of 0.15% annually and its population has decreased by 0% since the most recent census, which recorded a population of 0 in 2020.
The median household income in Grandwood Park is $126,736 with a poverty rate of 2.77%. The median age in Grandwood Park is 42.2 years: 43.6 years for males, and 39.6 years for females. For every 100 females there are 108.3 males.
Data after 2023 is projected based on recent change
Overall: 42.2 years
Female: 39.6 years
Male: 43.6 years
There are 4,191 adults, (649 of whom are seniors) in Grandwood Park.
Female: 2,526 (48%)
Male: 2,736 (52%)
The racial composition of Grandwood Park includes 66.76% White, 14.75% Asian, 6.06% Black or African American, 5.78% other race, and smaller percentages for Native American and multiracial populations.
| Race | Population ↓ | Percentage (of total) |
|---|---|---|
| White | 3,513 | 66.76% |
| Asian | 776 | 14.75% |
| Two or more races | 347 | 6.59% |
| Black or African American | 319 | 6.06% |
| Other race | 304 | 5.78% |
| Native American | 3 | 0.06% |
Grandwood Park 's average per capita income is $88,574. Household income levels show a median of $126,736. The poverty rate stands at 2.77%.
| Name | Median ↓ | Mean |
|---|---|---|
| Married Families | $204,250 | - |
| Families | $157,090 | $206,033 |
| Households | $126,736 | $174,940 |
| Non Families | $56,276 | $101,705 |
Average Income
Median Household Income
Poverty Rate