Grundy County, IL

Comprehensive housing, income, and cost of living data for Grundy County, Illinois. Population: 52.6K.

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Median Home Price

$263.7K

Based on 7 cities

Median Household Income

$93.1K

Annual household income

Price-to-Income Ratio

2.8x

Highly affordable

Salary Needed to Buy

$80.6K

30-yr mortgage, 6.5% rate, 20% down

Housing & Finance

Annual Property Tax

$5,260

Average annual amount

Effective Tax Rate

1.99%

Property tax / home value

Monthly Housing Costs

Mortgage (P&I)$1,333

Property Tax$438

Insurance$110

Total Monthly$1,882

Historical Home Prices

2015

$183.1K

2016

$193.3K

+5.6%%

2017

$201.7K

+4.3%%

2018

$210.0K

+4.1%%

2019

$219.4K

+4.5%%

2020

$229.3K

+4.5%%

2021

$247.7K

+8.0%%

2022

$261.9K

+5.7%%

2023

$278.6K

+6.4%%

2024

$295.1K

+5.9%%

2025

$305.6K

+3.5%%

Source: County price history data via Zillow ZHVI

Demographics & Economics

Unemployment Rate

4.7%%

Near national average

Population Density

126

People per square mile

Homicide Rate

7.4

Low (per 100K residents)

Political Lean (2020)

Competitive

R+0

Racial Demographics

White

83.3%

Black

2.1%

Hispanic

11.5%

Asian

0.4%

Two or More Races

2.5%

Source: Census ACS 2023. Hispanic/Latino ethnicity counted separately from race.

Climate & Environment

Average Temperature

51°F

Annual average

Sunny Days

206

Days per year

Annual Rainfall

37.7"

Inches per year

Natural Disaster Risk

High Risk

Score: 67/100

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