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Granville village, Illinois Demographics & Population 2026

Very AffordableHome value to income ratio of 1.9x is exceptionally low

As of 2026, Granville village, Illinois has a total population of 1,463, the 588th largest city in Illinois, with a median household income of $70,893, which is 13% lower than the state average. The poverty rate is 5.8%.

Key Takeaways

Granville village Quick Facts

Population 1,463
Median Household Income $70,893
Median Home Value $134,300
Poverty Rate 5.8%
Unemployment Rate 4.1%
Median Age 43.5 years
Homeownership Rate 78.0%
Affordability Ratio 1.9x
Bachelor's Degree or Higher 22.8%
High School Graduation Rate 95.1%
Diversity Index 29/100
Population 1,463 588th of 1,445
Median Income $70,893 average
Poverty Rate 5.8% 53% lower national
Median Home Value $134,300 average

How Granville village Compares

Economy & Housing

Employment

4.1% Unemployment Rate State: 5.8% | National: 5.2%
61.8% Labor Force Participation

Housing Overview

Owner 78.0%
Renter 22.0%
Affordability Index Very Affordable
1.9x home value to income ratio

People & Demographics

Diversity Index

29out of 100
Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 60 | National average: 60

Education

Granville village Rankings in Illinois

#588 Population of 1,445
#600 Median Income of 1,445
#493 Education of 1,445
#583 Home Value of 1,445

Cities Similar to Granville village

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Warren village1,439$73,500$104,90011.9%6.3%
Cerro Gordo village1,426$69,118$108,00017.6%11.3%
Mount Pulaski city1,513$70,175$113,40023.6%5.5%
Barry city1,442$66,017$88,60014.7%16.7%
Harristown village1,526$74,018$116,70016.7%7.2%

Population Overview

Granville village is a small community located in Illinois. The total population is 1,463. It ranks as the 588th most populous out of 1,445 cities and towns in Illinois.

Age Demographics

The median age in Granville village is 43.5 years. This is 12% higher than the state median of 38.9 years. 11.6% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Granville village is $70,893. This is 13% lower than the state median of $81,702. Compared to the national median of $78,538, household income here is 10% lower. The poverty rate stands at 5.8%. This is 50% lower than the state poverty rate of 11.7%. The unemployment rate is 4.1%. This is 30% lower than the state rate of 5.8%. The median home value is $134,300. Housing costs are 46% lower than the state median of $250,500. With a home-value-to-income ratio of just 1.9x, Granville village is one of the most affordable housing markets in the area. 78.0% of occupied housing units are owner-occupied. This homeownership rate is 17% higher than the state average of 66.8%.

Race & Ethnicity

The largest racial or ethnic group in Granville village is White (non-Hispanic), making up 83.0% of the population. Hispanic or Latino residents account for 12.7%. The Black or African American population (0.5%) is well below the state average of 13.6%.

Education

22.8% of residents aged 25 and older hold a bachelor's degree or higher. This is 39% lower than the state rate of 37.2%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 95.1%.

Data Sources & Methodology

All demographic data for Granville village, Illinois is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Illinois state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,445 Census-designated places in Illinois. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Granville village, Illinois?

Granville village, Illinois has a population of 1,463 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Granville village, IL?

The median household income in Granville village is $70,893, which is 10% lower the national median of $78,538.

What is the poverty rate in Granville village, IL?

The poverty rate in Granville village is 5.8%. This means approximately 85 residents live below the federal poverty line.

What is the racial makeup of Granville village, Illinois?

Granville village's population is 83.0% White, 0.5% Black, 12.7% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Granville village, IL?

The median home value in Granville village is $134,300. The home-value-to-income ratio is 1.9x.

How educated is Granville village, Illinois?

22.8% of adults (25+) in Granville village hold a bachelor's degree or higher, and 6.6% hold a graduate or professional degree.