Grandwood Park, ILPublished Date: November 23, 2024Grandwood Park is located in Lake County, Illinois and has a population of 5,391. The poverty rate in Grandwood Park is 3.1% and is lower than the US poverty rate of 11.5%. The U.S. poverty level for a family of four in 2023 is $31,200. The unemployment rate in Grandwood Park is 2% while the Lake County unemployment rate is 5%.
| | Population | |
|---|
| Male | | 52.1% |
| Female | | 47.9% |
| | Median Age (city/county) | |
|---|
| Grandwood Park | | 41.2 |
| Lake | | 38.7 |
| | Median Household Income (city/county) | |
|---|
| Grandwood Park | | $133,553 |
| Lake | | $104,553 |
| | Median Home Value (city/county) | |
|---|
| Grandwood Park | | $308,837 |
| Lake | | $313,442 |
| | Median Rent (city/county) | |
|---|
| Grandwood Park | | $1,600 |
| Lake | | $1,382 |
| | Poverty Rate (city/county) | |
|---|
| Grandwood Park | | 3.1% |
| Lake | | 7.8% |
Races and Ethnicity
▩ White 73.6%
▩ Black or African American 5.6%
▩ Asian 12.1%
▩ Native 0%
▩ Pacific 0%
▩ Other 2.5%
▩ Hispanic 11.7%
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