Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 36.3 yrs |
|---|---|
| Avg HH Size | 3.04 |
| Below Poverty | 9.1% ▼ 9% below avg |
| College Grads | 28.0% ▼ 28% below avg |
| Unemployment | 7.1% ▲ 45% above avg |
| No HS Diploma | 8 (0.4%) |
| HS Graduate | 777 (37%) |
| Some College | 292 (13.9%) |
| Associates | 435 (20.7%) |
| Bachelors | 181 (8.6%) |
| Graduate Degree | 406 (19.3%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $97,778 ▲ 28% above avg |
|---|---|
| Median Home Value | $244,800 ▼ 12% below avg |
| Home/Income Ratio | 2.5x (nat avg ~3.5x) |
| Median Rent | $1,201/mo |
| Total Housing Units | 1,173 |
| Vacant Units | 23 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Grant Park is a city in Illinois, located in Kankakee County. The city spans 1 ZIP code and is home to approximately 3,509 residents. It is a relatively young city, with a median age of 36.3 years.
Economically, Grant Park is a middle-income community. The median household income of $97,778 is above the national average. Approximately 9.1% of residents live below the poverty line. The unemployment rate is 7.1%, above the national average.
The real estate market in Grant Park is an affordable housing market. Median home values stand at $244,800, which is near the national average. Renters typically pay around $1,201 per month. Homeownership is high at 82.5%, typical of suburban and family-oriented communities.
The population of Grant Park is moderately educated. 28.0% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (90.11%).
Grant Park, IL offers residents above-average earning potential within Illinois.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 60940 | 3,509 | $97,778 | $244,800 | $1,201 | 7.1% | 28.0% | 82.5% |