HomeIllinoisLake CountyGrandwood Park
Grandwood Park, Illinois: commercial real estate data.
Grandwood Park is a Census CDP of 5,262 people across 1.44 square miles of land, in Lake County. Median household income is $126,736, 87.4 percent of occupied homes are owned.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Grandwood Park
What Grandwood Park is
- Census place typeCDP
- Land area1.44 sq mi
- Water area0.02 sq mi
- Population per square mile of land3,642
- County holding the largest share of its areaLake County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Grandwood Park
How many people live in Grandwood Park
- Population5,262
- Median age42.2
- Population under 181,071 plus or minus 239
- Share under 1820.4 percent
- Population 65 and over649 plus or minus 132
- Share 65 and over12.3 percent
- Households1,966
- Family households1,369
- Share of households that are families69.6 percent plus or minus 14.7
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Grandwood Park
Income and work in Grandwood Park
- Median household income$126,736 plus or minus $26,204
- Per capita income$66,248
- Civilian labor force3,122
- Employed3,060
- Unemployed62 plus or minus 55
- Unemployment rate2.0 percent plus or minus 1.7
- Adults 25 and over3,647
- Adults 25 and over with a high school diploma or higher96.8 percent
- Adults 25 and over with a bachelor degree or higher59.2 percent
- Adults 25 and over with a graduate degree21.3 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Grandwood Park
Housing in Grandwood Park
- Housing units2,075
- Occupied units1,966
- Vacant units109 plus or minus 62
- Vacancy rate5.3 percent plus or minus 2.9
- Owner occupied1,719
- Renter occupied247 plus or minus 92
- Ownership rate87.4 percent
- Median owner-occupied home value$330,500
- Median gross rent, monthly$1,836
- Annual rent as a share of median income17.4 percent plus or minus 4.4
- Single family units1,961
- Share single family94.5 percent
- Units in buildings of two or more114 plus or minus 65
- Share in buildings of two or more5.5 percent plus or minus 3.0
- Mobile homes0
- Median year structure built1991
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Grandwood Park
How Grandwood Park gets to work
- Workers 16 and over who commute2,386 plus or minus 489
- Commuting under 15 minutes528 plus or minus 260
- Share commuting under 15 minutes22.1 percent plus or minus 9.9
- Commuting 30 minutes or more1,045 plus or minus 329
- Share commuting 30 minutes or more43.8 percent plus or minus 10.5
- Drove alone73.3 percent
- Carpooled3.5 percent plus or minus 2.6
- Public transport0.0 percent
- Walked0.0 percent
- Worked from home21.0 percent plus or minus 6.6
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lake County, not Grandwood Park
Lake County context, not Grandwood Park figures
- Establishments in Lake County20,076
- Covered employment, Lake County329,354
- Average annual pay, Lake County$91,042
- Housing units permitted, Lake County1,042
Every figure in this section is published for Lake County as a whole and is not a measurement of Grandwood Park.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Grandwood Park questions, answered from the record.
How many people live in Grandwood Park, Illinois?
5,262, in 1,966 households. Grandwood Park CDP covers 1.44 square miles of land, which is 3,642 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Grandwood Park in?
Lake County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Grandwood Park?
$126,736. The median owner-occupied home is valued at $330,500. Median gross rent is $1,836 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Are the county figures on this page Grandwood Park figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Lake County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Grandwood Park.
Is zoning published for Grandwood Park?
No. Nothing on this page presents parcel level zoning.