Is New Grand Chain, IL a Good Place to Live?
New Grand Chain is a small town of 140 in Illinois, with a median household income of $37,500 and a 15.4% unemployment rate. Its cost of living index is 88 (US average = 100), which is 12% below the national average.
Strengths: New Grand Chain stands out for an affordable cost of living, below-average home prices.
Trade-offs: Potential downsides include longer commutes, an elevated unemployment rate. Whether New Grand Chain is right for you depends on your priorities — the full breakdown is below.
All New Grand Chain 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: 88.0New Grand Chain's overall cost of living index is 88.0, where 100 represents the US national average. Living in New Grand Chain costs roughly 12% less than the average American city.
| Metric | New Grand Chain, IL | National Avg |
|---|---|---|
| Median Home Value | $51,900 | $244,900 |
| Median Monthly Rent | $783 | $1,163 |
| Homeownership Rate | 72.9% | 65.9% |
| Median Household Income | $37,500 | $74,755 |
Crime & Safety
Crime data for New Grand Chain is not currently available from the FBI's Uniform Crime Reporting program. Not all local agencies report to the UCR each year.
Schools & Education
| Metric | New Grand Chain, 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 | 17.0% | 35.4% |
| High School Diploma or Higher | 93.4% | 91.1% |
Weather & Climate
New Grand Chain sees average highs of 43.1°F in January and 89.0°F in July, with 49.4 inches of annual precipitation and 7.2 inches of snow per year.
| Metric | New Grand Chain, IL |
|---|---|
| Average High — January | 43.1°F |
| Average High — July | 89.0°F |
| Annual Precipitation | 49.4" |
| Annual Snowfall | 7.2" |
Demographics
| Metric | New Grand Chain, IL | National Avg |
|---|---|---|
| Population | 140 | — |
| Median Age | 51.0 | 38.9 |
| Unemployment Rate | 15.4% | 3.7% |
| Avg Commute Time | 36.9 min | 26 min |
| White (non-Hispanic) | 76.4% | 59.3% |
| Black or African American | 5.7% | 13.6% |
| Hispanic or Latino | 4.3% | 18.9% |
| Asian | 2.1% | 6.3% |
| Under 18 | 9.3% | 22.2% |
| 65 and over | 32.1% | 16.8% |
Nearby Cities
ZIP Codes in New Grand Chain
New Grand Chain, IL is covered by 1 ZIP code: