Grandwood Park is a city of 5,262 people in Illinois. This is an unusually credentialed place: 59% of adults have a four-year degree. Owners hold 87% of the housing stock. That is roughly 52% ahead of the Illinois median. That puts it in the top 3% of US cities for household income. Households take in $126,736 a year at the median, 54% more than the country as a whole.
At a glance
Wealthier
median household income $126,736, above the US median
US median: $82,259
Older
median age 42.2
US median: 38.9
More educated
59% hold a bachelor's degree
US average: 36%
Stable housing
home values roughly flat, inflation adjusted
US median home: $376,019
Unique to this place
What stands out about Grandwood Park
What changed most since 1990
Population2,328 → 5,262(+126%)US over the same years: +35%
Adults with a bachelor's degree27.3% → 59.2%(+31.9 pts)US over the same years: +15.3 pts
Homes owned by their occupants73.8% → 87.4%(+13.6 pts)US over the same years: +0.9 pts
Shares are "alone or in combination": a person with both Medicare and Medicaid counts in each, so categories overlap and do not sum to 100%.
Section 09 · Service history
Veterans
Veterans by period of service, 2024
Gulf War (2001 or later)32.5%(51)
US avg: 26.4%
Gulf War (1990s)31.8%(50)
US avg: 24.3%
Vietnam era32.5%(51)
US avg: 33.1%
Korean War12.7%(20)
US avg: 4.5%
World War II0%(0)
US avg: 1%
Share of the 157 veterans here. A veteran who served across eras counts in each, so shares can total more than 100%. Peacetime-only service is included in the total but not shown as an era.
BAR + DOT: THIS PLACE · TICK: US AVERAGE
Over time
Grandwood Park, decade by decade
Grandwood Park population, inflation-adjusted income and home value, education, and diversity by year
Year
Population
Median household income
Median home value
Bachelor's degree+
Diversity score
1990
2,328
$109,710
$222,246
27.3%
13.2
2000
4,521
$130,565
$303,852
43.1%
35.9
2010
5,202
$142,270
$408,986
44.1%
59.5
2020
5,297
$154,117
$308,828
58.0%
74.0
2024
5,262
$126,736
$330,500
59.2%
67.3
Census years come from the decennial census and the latest year from the American Community Survey, so part of any change between those two rows can reflect the different surveys. Dollar figures are adjusted for inflation to 2024 dollars; a figure ending in "+" was at the Census Bureau's reporting cap that year. The diversity score runs from 0 to 100; see how it's calculated.
