Grand Ridge, IL Profile: Facts & Data

Grand Ridge, Illinois - Basic Facts

The Village of Grand Ridge had a population of 509 as of July 1, 2024.

The primary coordinate point for Grand Ridge is located at latitude 41.237 and longitude -88.8315 in LaSalle County. The formal boundaries for the Village of Grand Ridge encompass a land area of 0.46 sq. miles and a water area of 0 sq. miles. LaSalle County is in the Central time zone (GMT -6).

The Village of Grand Ridge has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The Village of Grand Ridge is located within Township of Farm Ridge, a minor civil division (MCD) of LaSalle County.

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Grand Ridge, IL Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	509 (100%)
Population in Households	509 (100.0%)
Population in Families	434 (85.3%)
Population in Group Quarters¹	0
Population Density	1,103
Diversity Index²	25


INCOME
Median Household Income	$66,829
Average Household Income	$93,169
% of Income for Mortgage⁴	16%
Per Capita Income	$38,805
Wealth Index⁵	90
Socioeconomic Status Index⁶	Moderate (57.6)

HOUSING
Total HU (Housing Units)	222 (100%)
Owner Occupied HU	182 (82.0%)
Renter Occupied HU	30 (13.5%)
Vacant Housing Units	10 ( 4.5%)
Median Home Value	$171,918
Average Home Value	$252,610
Housing Affordability Index³	132

HOUSEHOLDS
Total Households	212
Average Household Size	2.40
Family Households	158
Average Family Size	3.00

HOUSING

Total HU (Housing Units)

222 (100%)

Owner Occupied HU

182 (82.0%)

Renter Occupied HU

30 (13.5%)

Vacant Housing Units

10 ( 4.5%)

Median Home Value

$171,918

Average Home Value

$252,610

Housing Affordability Index³

132

HOUSEHOLDS

Total Households

212

Average Household Size

2.40

Family Households

158

Average Family Size

3.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	-0.28%	-0.28%
Households	-0.33%	-0.09%
Families		-0.90%
Median Household Income		2.88%
Per Capita Income		3.30%
Owner Occupied HU		0.11%

GROWTH RATE / YEAR

2020-2024

2024-2029

Population

-0.28%

Households

-0.33%

-0.09%

Families

-0.90%

Median Household Income

2.88%

Per Capita Income

3.30%

Owner Occupied HU

0.11%

Grand Ridge, IL - Peer Comparisons by Rank and Percentile

The table below compares Grand Ridge to the other 1,462 incorporated cities, towns and CDPs in Illinois by rank and percentile using July 1, 2024 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description	Rank	Percentile
Total Population	# 902	38th
Population Density	# 625	57th
Median Household Income	# 855	42nd
Housing Affordability Index	# 698	48th
Per Capita Income	# 702	52nd
Diversity Index	# 613	58th

Variable Description

Rank

Percentile

Total Population

# 902

38th

Population Density

# 625

57th

Median Household Income

# 855

42nd

Housing Affordability Index

# 698

48th

Per Capita Income

# 702

52nd

Diversity Index

# 613

58th

Illinois Census Data Comparison Tool

Grand Ridge, IL Profile: Facts & Data

Grand Ridge, Illinois - Basic Facts

Grand Ridge, IL Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Grand Ridge, IL - Peer Comparisons by Rank and Percentile

Grand Ridge, IL - Most Popular Things to Do

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LaSalle County