Granville, IL
Population 1,463 · Illinois
About Granville, IL
Granville is a small community in Illinois with a population of 1,463 residents. The median household income is $70,893 per year, which is above the national average. The median age in Granville is 43.5 years.
Housing in Granville has a median home value of $134,300 and median monthly rent of $732. Of the 721 total housing units, the majority are owner-occupied, with 496 owner-occupied and 140 renter-occupied units.
The unemployment rate in Granville is 4.1% and the poverty rate is 5.8%. 22.8% of residents hold a bachelor's degree or higher. The average commute time is 24.3 minutes.
Cost of Living in Granville, IL
Compared to national averages, Granville has a median household income of $70,893 (6% below the national median of $75,149). Home values average $134,300, which is 45% below the national median. Monthly rent at $732 is 37% below the US average of $1,163. Within Illinois, Granville's income is 6% below the state average of $75,072, and home values are 19% below the state median of $165,779.
Why Live in Granville, IL?
Granville offers affordable housing with a median home value of $134,300, below the US average of $244,900, and rent that’s lower than the national average at $732/month, and a low poverty rate of 5.8%, better than the national average. Additionally, the city features short commute times averaging just 24.3 minutes.
Potential considerations include median household income ($70,893) that falls below the national average. However, Granville’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Granville has a population of 1,463 with a median age of 43.5 years. Compare Granville with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Granville
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Philo | 1,461 | $103,438 | $198,100 | Compare |
| Hebron | 1,458 | $86,964 | $213,400 | Compare |
| Hartford | 1,456 | $39,364 | $65,800 | Compare |
| Waverly | 1,456 | $55,882 | $97,600 | Compare |
| Downs | 1,451 | $106,809 | $237,700 | Compare |
| Dunlap | 1,448 | $137,240 | $283,800 | Compare |
| Barry | 1,442 | $66,017 | $88,600 | Compare |
| Durand | 1,485 | $63,542 | $130,600 | 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.
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Frequently Asked Questions about Granville
What is the population of Granville, IL?
The population of Granville, IL is 1,463 according to the latest Census data.
What is the median household income in Granville?
The median household income in Granville, IL is $70,893 per year.
What is the median home value in Granville?
The median home value in Granville, IL is $134,300.
What is the average rent in Granville?
The median monthly rent in Granville, IL is $732.
What is the unemployment rate in Granville?
The unemployment rate in Granville, IL is 4.1%.