Grand Ridge, IL
Population 649 · Illinois
About Grand Ridge, IL
Grand Ridge is a small community located in Illinois with a population of 649 residents according to the latest US Census Bureau American Community Survey data. The median household income is $84,375 per year, which is 12% above the national median of $75,149. The median age of 34 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Grand Ridge features a median home value of $154,200, which is 37% below the national median of $244,900. This positions Grand Ridge in a moderately priced market relative to the rest of the country. Median monthly rent is $1,023, 12% below the national average of $1,163/month. Of the 267 total housing units, 89% are owner-occupied (221 units) and 11% are renter-occupied (28 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Grand Ridge shows an unemployment rate of 1.4%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 8.9%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Grand Ridge have an average one-way commute time of 34.9 minutes.
Education & Demographics
18.5% of Grand Ridge residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 4.6% White, 0.2% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 1.8% of the population being foreign-born.
Cost of Living in Grand Ridge, IL
Compared to national averages, Grand Ridge has a median household income of $84,375 (12% above the national median of $75,149). Home values average $154,200, which is 37% below the national median. Monthly rent at $1,023 is 12% below the US average of $1,163. Within Illinois, Grand Ridge's income is 12% above the state average of $75,072, and home values are 7% below the state median of $165,779.
Why Live in Grand Ridge, IL?
Grand Ridge offers a strong local economy with a median household income of $84,375, well above the national average, and affordable housing with a median home value of $154,200, below the US average of $244,900, and rent that’s lower than the national average at $1,023/month. Additionally, the city features a strong job market with an unemployment rate of just 1.4%, and a low poverty rate of 8.9%, better than the national average.
Grand Ridge has a population of 649 with a median age of 34 years. Compare Grand Ridge with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Grand Ridge
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Woodlawn | 646 | $70,455 | $130,500 | Compare |
| Hutsonville | 645 | $57,353 | $62,900 | Compare |
| Elsah | 655 | $83,750 | $207,100 | Compare |
| Thayer | 638 | $63,125 | $87,300 | Compare |
| Sun River Terrace | 637 | $43,393 | $107,100 | Compare |
| Holiday Hills | 662 | $78,500 | $195,600 | Compare |
| Yates City | 636 | $61,500 | $94,600 | Compare |
| Cordova | 633 | $75,588 | $177,400 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Illinois
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Grand Ridge With Other Cities
Frequently Asked Questions about Grand Ridge
What is the population of Grand Ridge, IL?
The population of Grand Ridge, IL is 649 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Illinois.
What is the median household income in Grand Ridge?
The median household income in Grand Ridge, IL is $84,375 per year, which is 12% above the national median of $75,149.
What is the median home value in Grand Ridge?
The median home value in Grand Ridge, IL is $154,200, which is 37% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Grand Ridge?
The median monthly rent in Grand Ridge, IL is $1,023, which is 12% below the national average of $1,163/month.
What is the unemployment rate in Grand Ridge?
The unemployment rate in Grand Ridge, IL is 1.4%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Grand Ridge, IL a good place to live?
Grand Ridge offers above-average incomes, affordable housing, and a strong job market. With a population of 649 and a median age of 34, the city appeals to young professionals and families.
How educated is Grand Ridge, IL?
18.5% of residents in Grand Ridge aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Grand Ridge?
Key cost-of-living indicators for Grand Ridge, IL: median home value is $154,200 (37% below national), median rent is $1,023/month, and median household income is $84,375. The home-value-to-income ratio is 1.8x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Grand Ridge?
The poverty rate in Grand Ridge, IL is 8.9%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Grand Ridge, IL?
Grand Ridge's population is 4.6% White, 0.2% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 1.8% of residents are foreign-born.