What are the schools like in Grandwood Park, IL?

School district data for Grandwood Park is sourced from the National Center for Education Statistics (NCES).

What is the median household income in Grandwood Park?

The median household income in Grandwood Park, IL is $133,553 according to the most recent US Census American Community Survey 5-year estimates. The unemployment rate is 2.0%.

What is the weather like in Grandwood Park, IL?

Grandwood Park has an average high temperature of 29.9°F in January and 82.3°F in July. Annual precipitation averages 39.9 inches and annual snowfall averages 43.4 inches.

Grandwood Park, IL Cost of Living, Crime & Is It a Good Place to Live? (2026)

Q: Is Grandwood Park, IL affordable or expensive?

Grandwood Park's cost of living index is 103, where 100 represents the national average. This means Grandwood Park is 3% more expensive than the average US city. The median home value is $306,600 and the median rent is $1,600 per month.

Q: What is the crime rate in Grandwood Park, IL?

Grandwood Park has a violent crime rate of 116.6 incidents per 100,000 residents and a property crime rate of 769.4 per 100,000. The national average violent crime rate is approximately 380 per 100,000.

Is Grandwood Park, IL a Good Place to Live?

Grandwood Park is a small town of 5,391 in Illinois, with a median household income of $133,553 and a 2.0% unemployment rate. Its cost of living index is 103 (US average = 100), which is 3% above the national average.

Strengths: Grandwood Park stands out for a well-educated population.

Trade-offs: No major red flags stand out in the available data. Whether Grandwood Park is right for you depends on your priorities — the full breakdown is below.

All Grandwood Park city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 102.6

Grandwood Park's overall cost of living index is 102.6, where 100 represents the US national average. Living in Grandwood Park costs roughly 3% more than the average American city.

Metric	Grandwood Park, IL	National Avg
Median Home Value	$306,600	$244,900
Median Monthly Rent	$1,600	$1,163
Homeownership Rate	86.5%	65.9%
Median Household Income	$133,553	$74,755

Crime & Safety

Very Safe

Grandwood Park's violent crime rate is 116.6 per 100,000 residents — 69% lower than the national average of ~380 per 100,000.

Violent Crime

116.6 /100k

Property Crime

769.4 /100k

Vertical marker = national average. Source: FBI UCR Program.

Schools & Education

Metric	Grandwood Park, IL	National Avg
School District	N/A	—
Elementary Schools	N/A	—
Middle Schools	N/A	—
High Schools	N/A	—
Student/Teacher Ratio	N/A	16:1
Bachelor's Degree or Higher	60.1%	35.4%
High School Diploma or Higher	97.0%	91.1%

Weather & Climate

Grandwood Park sees average highs of 29.9°F in January and 82.3°F in July, with 39.9 inches of annual precipitation and 43.4 inches of snow per year.

Metric	Grandwood Park, IL
Average High — January	29.9°F
Average High — July	82.3°F
Annual Precipitation	39.9"
Annual Snowfall	43.4"

Demographics

Metric	Grandwood Park, IL	National Avg
Population	5,391	—
Median Age	41.2	38.9
Unemployment Rate	2.0%	3.7%
Avg Commute Time	27.0 min	26 min
White (non-Hispanic)	73.6%	59.3%
Black or African American	5.6%	13.6%
Hispanic or Latino	4.4%	18.9%
Asian	12.1%	6.3%
Under 18	21.1%	22.2%
65 and over	10.6%	16.8%

Nearby Cities

Third Lake, IL 2 mi Lindenhurst, IL 3 mi Gages Lake, IL 3 mi Old Mill Creek, IL 3 mi Venetian Village, IL 3 mi

Grandwood Park vs Other Cities

Grandwood Park, IL vs Third Lake, IL Grandwood Park, IL vs Lindenhurst, IL Grandwood Park, IL vs Gages Lake, IL Grandwood Park, IL vs Old Mill Creek, IL Grandwood Park, IL vs Venetian Village, IL

Frequently Asked Questions

Is Grandwood Park, IL affordable or expensive?

Grandwood Park's cost of living index is 103, where 100 is the national average. That puts Grandwood Park roughly 3% above the national average in cost. The median home price is $306,600 and median rent is $1,600/month.

What is the crime rate in Grandwood Park, IL?

Grandwood Park's violent crime rate is 116.6 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 769.4 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.

What are the schools like in Grandwood Park?

School district information is sourced from NCES Common Core of Data.

Is Grandwood Park, IL a good place to live?

Grandwood Park, IL has a population of 5,391, a median household income of $133,553, and an unemployment rate of 2.0%. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.

What is the weather like in Grandwood Park?

Grandwood Park averages 29.9°F in January and 82.3°F in July. Annual rainfall is 39.9 inches with about 43.4 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).

What is the population of Grandwood Park?

The population of Grandwood Park, Illinois is 5,391 with a median age of 41.2. Source: US Census ACS 5-Year Estimates.

What are the pros and cons of living in Grandwood Park?

Key numbers for living in Grandwood Park: cost of living index 103 (100 = US average), median home $306,600, median household income $133,553, crime index 33 (100 = US average, lower is safer). Whether these are benefits or drawbacks depends on where you're coming from — compare Grandwood Park side by side with your current city to see the trade-offs.