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Granville, Illinois Demographics & Population 2026

Very AffordableHome value to income ratio of 2.0x is exceptionally low

During the 2020–2024 ACS period, Granville, Illinois had a total population of 1,472, the 591st largest village in Illinois, with a median household income of $70,556, which is 15% lower than the state average. The poverty rate is 5.3%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Granville Quick Facts

Population 1,472
Median Household Income $70,556
Median Home Value $142,500
Poverty Rate 5.3%
Unemployment Rate 4.7%
Median Age 42.6 years
Homeownership Rate 81.5%
Affordability Ratio 2.0x
Bachelor's Degree or Higher 22.8%
High School Graduation Rate 94.8%
Diversity Index 29/100
Population 1,472 591st of 1,445
Median Income $70,556 average
Poverty Rate 5.3% 57% lower than national
Median Home Value $142,500 average

How Granville Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population1,4631,472+0.6%
Median household income$70,893$70,556-0.5%
Median home value$134,300$142,500+6.1%

How Granville Compares

Economy & Housing

Household Income Distribution

Under $25K 10.7%
$25K-$50K 23.5%
$50K-$100K 39.5%
$100K+ 26.3%
Detailed income brackets
Under $10K
1.9%
$10K-$15K
4.1%
$15K-$20K
1.1%
$20K-$25K
3.6%
$25K-$30K
2.1%
$30K-$35K
3.1%
$35K-$40K
6.2%
$40K-$45K
9.4%
$45K-$50K
2.8%
$50K-$60K
9.4%
$60K-$75K
11.0%
$75K-$100K
19.0%
$100K-$125K
6.0%
$125K-$150K
5.8%
$150K-$200K
7.5%
$200K+
7.0%

Employment

4.7% Unemployment Rate State: 5.8%|National: 5.2%
59.4% Labor Force Participation

Housing Overview

Owner 81.5%
Renter 18.5%
Affordability Index Very Affordable
2.0x home value to income ratio
Median gross rent $763/mo 13.0% of median household income annually

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: 61 | National average: 61

Education

Granville Rankings in Illinois

#591 Population of 1,445
#652 Median Income of 1,374
#506 Education of 1,444
#584 Home Value of 1,372

Other Cities in Putnam County

CityPopulationMedian IncomePovertyHome Value
Hennepin 929 $83,000 8.0% $168,300
Mark 574 $79,063 10.4% $161,600
Standard 250 $60,000 10.8% $108,100
McNabb 233 $84,000 4.7% $133,300
Magnolia 232 $81,406 3.9% $153,000

Cities Similar to Granville

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Toluca1,477$69,545$113,50010.8%13.8%
East Dubuque1,470$67,891$144,00023.6%12.3%
New Berlin1,442$70,179$163,40036.6%6.5%
Neoga1,421$73,355$123,10025.5%11.8%
Mount Pulaski1,507$66,176$110,50023.4%5.9%

Population Overview

Granville is a small community located in Illinois, within Putnam County. The total population is 1,472. It ranks as the 591st most populous out of 1,445 Census-designated places in Illinois.

Age Demographics

The median age in Granville is 42.6 years. This is 9% higher than the state median of 39.0 years. 10.4% 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 is $70,556. This is 15% lower than the state median of $83,390. It is also 13% lower than the national median of $80,734. The poverty rate stands at 5.3%. This is 55% lower than the state poverty rate of 11.8%. The unemployment rate is 4.7%. This is 19% lower than the state rate of 5.8%. The median home value is $142,500. Housing costs are 46% lower than the state median of $263,300. With a home-value-to-income ratio of just 2.0x, Granville is one of the most affordable housing markets in the area. 81.5% of occupied housing units are owner-occupied. This homeownership rate is 21% higher than the state average of 67.1%.

Race & Ethnicity

The largest racial or ethnic group in Granville is White (non-Hispanic), making up 83.2% of the population. Hispanic or Latino residents account for 11.4%. The Black or African American population (1.1%) is well below the state average of 13.3%.

Education

22.8% of residents aged 25 and older hold a bachelor's degree or higher. This is 40% lower than the state rate of 37.9%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 94.8%.

Data Sources & Methodology

All demographic data for Granville, Illinois is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. 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. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Granville, Illinois?

Granville, Illinois has a population of 1,472 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Granville, IL?

The median household income in Granville is $70,556, which is 13% lower than the national median of $80,734.

What is the poverty rate in Granville, IL?

The poverty rate in Granville is 5.3%. This means approximately 78 residents live below the federal poverty line.

What is the racial makeup of Granville, Illinois?

Granville's population is 83.2% White, 1.1% Black, 11.4% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Granville, IL?

The median home value in Granville is $142,500. The home-value-to-income ratio is 2.0x.

How educated is Granville, Illinois?

22.8% of adults (25+) in Granville hold a bachelor's degree or higher, and 6.3% hold a graduate or professional degree.