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New Grand Chain village, Illinois Demographics & Population 2026

Very AffordableHome value to income ratio of 1.7x is exceptionally low

As of 2026, New Grand Chain village, Illinois has a total population of 144, the 1285th largest city in Illinois, with a median household income of $31,250, which is 62% lower than the state average. The poverty rate is 15.3%.

Key Takeaways

New Grand Chain village Quick Facts

Population 144
Median Household Income $31,250
Median Home Value $52,500
Poverty Rate 15.3%
Unemployment Rate 3.4%
Median Age 45.6 years
Homeownership Rate 58.2%
Affordability Ratio 1.7x
Bachelor's Degree or Higher 15.4%
High School Graduation Rate 95.2%
Diversity Index 37/100
Population 144 1285th of 1,445
Median Income $31,250 bottom 10%
Poverty Rate 15.3% 23% higher national
Median Home Value $52,500 bottom 10%

How New Grand Chain village Compares

Economy & Housing

Employment

3.4% Unemployment Rate State: 5.8% | National: 5.2%
44.4% Labor Force Participation

Housing Overview

Owner 58.2%
Renter 41.8%
Affordability Index Very Affordable
1.7x home value to income ratio

People & Demographics

Diversity Index

37out 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

New Grand Chain village Rankings in Illinois

#1285 Population of 1,445
#1354 Median Income of 1,445
#843 Education of 1,445
#1327 Home Value of 1,445

Cities Similar to New Grand Chain village

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Lane CDP145N/AN/A0.0%0.0%
Leonore village143N/A$82,0002.0%17.5%
Adair CDP148N/A$86,30040.7%14.9%
Solon Mills CDP140N/A$287,20035.1%0.0%
Unity CDP153N/AN/A73.1%5.9%

Population Overview

New Grand Chain village is a small community located in Illinois. The total population is 144. It ranks as the 1285th most populous out of 1,445 cities and towns in Illinois.

Age Demographics

The median age in New Grand Chain village is 45.6 years. This is 17% higher than the state median of 38.9 years. Only 9.0% of residents are under 18, indicating fewer families with children. 13.2% 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 New Grand Chain village is $31,250. This is 62% lower than the state median of $81,702. Compared to the national median of $78,538, household income here is 60% lower. The poverty rate stands at 15.3%. This is 30% higher than the state poverty rate of 11.7%. The unemployment rate is 3.4%. This is 42% lower than the state rate of 5.8%. The median home value is $52,500. Housing costs are 79% lower than the state median of $250,500. With a home-value-to-income ratio of just 1.7x, New Grand Chain village is one of the most affordable housing markets in the area. 58.2% of occupied housing units are owner-occupied. This homeownership rate is 13% lower than the state average of 66.8%.

Race & Ethnicity

The largest racial or ethnic group in New Grand Chain village is White (non-Hispanic), making up 78.5% of the population. Black or African American residents account for 6.9%. The Hispanic or Latino population (5.6%) is well below the state average of 18.5%. The Asian population (1.4%) is well below the state average of 5.8%.

Education

15.4% of residents aged 25 and older hold a bachelor's degree or higher. This is 59% 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 95.2%.

Data Sources & Methodology

All demographic data for New Grand Chain 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 New Grand Chain village, Illinois?

New Grand Chain village, Illinois has a population of 144 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in New Grand Chain village, IL?

The median household income in New Grand Chain village is $31,250, which is 60% lower the national median of $78,538.

What is the poverty rate in New Grand Chain village, IL?

The poverty rate in New Grand Chain village is 15.3%. This means approximately 22 residents live below the federal poverty line.

What is the racial makeup of New Grand Chain village, Illinois?

New Grand Chain village's population is 78.5% White, 6.9% Black, 5.6% Hispanic/Latino, and 1.4% Asian.

What is the median home value in New Grand Chain village, IL?

The median home value in New Grand Chain village is $52,500. The home-value-to-income ratio is 1.7x.

How educated is New Grand Chain village, Illinois?

15.4% of adults (25+) in New Grand Chain village hold a bachelor's degree or higher, and 5.8% hold a graduate or professional degree.