What is the median household income in Grant Park, IL?
The median household income in Grant Park, IL is $78,385 (±$11,417) a year (2020–2024 American Community Survey).
Paying the median gross rent of $1,177 a month would take about $47,100 a year at the common guideline of spending no more than 30% of income on rent.
In Grant Park, the median household income went from $60,000 in 2015–2019 to $78,385 in 2020–2024 (+30.6%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median household income
- $78,385 (±$11,417)
- Median renter income
- $53,889 (±$24,188)
- Income to afford median rent
- about $47,100
Income in Grant Park against Kankakee County, its state and the nation
| Grant Park | Kankakee County | Illinois | United States | |
|---|---|---|---|---|
| Median household income | $78,385 (±$11,417) | $71,281 (±$2,921) | $83,390 (±$362) | $80,734 |
| Median renter household income | $53,889 (±$24,188) | $42,313 (±$3,642) | $50,420 (±$471) | $52,966 |
| Median owner household income | $90,417 (±$20,336) | $86,125 (±$3,684) | $103,505 (±$377) | $100,009 |
| Median gross rent | $1,177 (±$212) | $1,097 (±$36) | $1,274 (±$5) | $1,413 |
In Grant Park, median household income is not measurably different from Kankakee County ($71,281).
It is not measurably different from Illinois ($83,390).
It is not measurably different from the national figure ($80,734).
In Kankakee County, Grant Park ranks 23 of 36 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 1130 of 2,652.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How much you need to earn to rent in Grant Park
Many landlords and housing programs use 30% of gross income as the most a household should spend on rent.
At that guideline, the median gross rent of $1,177 a month ($14,124 a year) needs an income of about $47,100 a year.
The median renting household in Grant Park earns $53,889 a year.
This is arithmetic on the published medians, not a rule any landlord must follow; screening criteria vary and some places limit how income may be weighed.
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $60,000 (±$10,182) | $78,385 (±$11,417) | +30.6% | No measurable change after inflation |
| Median gross rent | $841 (±$70) | $1,177 (±$212) | +40.0% | No measurable change after inflation |
| Median home value | $156,500 (±$7,834) | $215,800 (±$20,691) | +37.9% | Up after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median household income in places near Grant Park
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Grant Park | — | $78,385 (±$11,417) | — |
| Yellowhead Township | 2.7 mi | $95,231 (±$10,854) | Higher |
| Sumner Township (Kankakee County) | 4.5 mi | $102,679 (±$16,124) | Higher |
| Momence | 5.7 mi | $58,365 (±$19,163) | Not measurably different |
| Momence Township | 5.7 mi | $66,976 (±$9,972) | Not measurably different |
| Ganeer Township | 6.9 mi | $65,208 (±$18,881) | Not measurably different |
| Washington Township (Will County) | 7.1 mi | $102,250 (±$18,322) | Higher |
| Beecher | 7.5 mi | $103,415 (±$20,564) | Higher |
| West Creek Township | 7.5 mi | $87,346 (±$13,904) | Not measurably different |
Nearby places with a measurably higher figure: Yellowhead Township, IL ($95,231), Sumner Township (Kankakee County), IL ($102,679), Washington Township (Will County), IL ($102,250).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Kankakee County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 17 | Reddick | $84,063 (±$41,838) |
| 18 | St. Anne | $83,077 (±$17,303) |
| 19 | Salina Township | $82,357 (±$15,848) |
| 20 | Bourbonnais | $81,708 (±$6,279) |
| 21 | Otto Township | $80,250 (±$27,489) |
| 22 | Aroma Park | $78,500 (±$17,806) |
| 23 | Grant Park | $78,385 (±$11,417) |
| 24 | Bourbonnais Township | $76,228 (±$5,006) |
| 25 | Aroma Township | $74,740 (±$9,643) |
| 26 | Norton Township | $74,063 (±$24,327) |
| 27 | Bradley | $67,420 (±$8,242) |
| 28 | Momence Township | $66,976 (±$9,972) |
| 29 | Sun River Terrace | $65,481 (±$37,918) |
Showing 13 of 36 places in Kankakee County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Grant Park
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Grant Park beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Grant Park, save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near Grant Park, and send estimates and invoices from your phone.
Questions about Grant Park
What is the median household income in Grant Park?
The median household income in Grant Park is $78,385 (±$11,417) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Grant Park?
About $47,100 a year, if rent is to stay at or below 30% of income at the median gross rent of $1,177 a month.
Have incomes in Grant Park kept up with inflation?
In Grant Park, the median household income went from $60,000 in 2015–2019 to $78,385 in 2020–2024 (+30.6%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
What do renters earn in Grant Park?
The median renting household in Grant Park, IL earns $53,889 (±$24,188) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Grant Park village, Illinois
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Grant Park village, Illinois
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Grant Park village, Illinois
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Grant Park village, Illinois
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Grant Park village, Illinois
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Grant Park village, Illinois
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Grant Park village, Illinois (place:30991, in state:17).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Grant Park at a glance
- Median rent in Grant Park
- Rent burden in Grant Park
- Renters and owners in Grant Park
- Home values in Grant Park
- Homeowner costs in Grant Park
- Property taxes in Grant Park
- Types of homes in Grant Park
- Bedrooms in Grant Park
- Age of homes in Grant Park
- Heating fuel in Grant Park
- Commute and cars in Grant Park
- Crime reported to police in Grant Park
- Population growth in Grant Park
- How long people stay in Grant Park
- Illinois landlord and tenant rules
- Housing across Kankakee County
- Illinois places ranked by median household income
- Housing data for every place in Illinois