Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 23.9 yrs |
|---|---|
| Avg HH Size | 2.45 |
| Below Poverty | 25.8% ▲ 158% above avg |
| College Grads | 20.6% ▼ 47% below avg |
| Unemployment | 8.7% ▲ 77% above avg |
| No HS Diploma | 2 (0.7%) |
| HS Graduate | 83 (29%) |
| Some College | 85 (29.7%) |
| Associates | 57 (19.9%) |
| Bachelors | 52 (18.2%) |
| Graduate Degree | 7 (2.4%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $50,278 ▼ 34% below avg |
|---|---|
| Median Home Value | $37,500 ▼ 87% below avg |
| Home/Income Ratio | 0.7x (nat avg ~3.5x) |
| Median Rent | $700/mo |
| Total Housing Units | 332 |
| Vacant Units | 58 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Grand Tower is a city in Illinois, located in Jackson County. The city spans 1 ZIP code and is home to approximately 670 residents. It is a young city, with a median age of 23.9 years.
Economically, Grand Tower is a working-class community. The median household income of $50,278 is below the national average. Approximately 25.8% of residents live below the poverty line. The unemployment rate is 8.7%, significantly above the national average.
The real estate market in Grand Tower is one of the more affordable housing markets in the country. Median home values stand at $37,500, which is well below the national average. Renters typically pay around $700 per month. Homeownership is high at 71.2%, typical of suburban and family-oriented communities.
The population of Grand Tower is less-educated. 20.6% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (85.97%).
Grand Tower, IL offers residents a cost-conscious lifestyle within Illinois.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 62942 | 670 | $50,278 | $37,500 | $700 | 8.7% | 20.6% | 71.2% |