Grandwood Park vs Elgin
| Grandwood Park | Elgin | |
|---|---|---|
| Population | 5,391 | 114,190 |
| Median Household Income | $126,736 | $90,282 |
| Median Home Value | $330,500 | $273,000 |
| Median Gross Rent | $1,836/mo | $1,361/mo |
| Homeownership Rate | 87.4% | 71.9% |
| Unemployment Rate | 2.0% | 6.1% |
| Bachelor's Degree or Higher | 59.2% | 27.0% |
| Median Age | 42.2 | 36.7 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.