Is Grandwood Park Safe, Pros and cons of living in Grandwood Park
Grandwood Park, Illinois, offers a blend of suburban tranquility and community-focused living, making it an appealing choice for those seeking a quieter lifestyle. Situated in Lake County, this census-designated place provides a unique residential experience with a strong sense of local identity.
The community is characterized by its residential nature, with a majority of residents owning their homes. This ownership rate suggests a stable community where individuals are invested in their properties and the neighborhood’s upkeep. Grandwood Park’s proximity to larger urban centers also allows for convenient access to more extensive amenities and employment opportunities.
Is it Safe to Live in Grandwood Park?
Grandwood Park is generally considered a safe community, with crime rates significantly lower than national averages. Violent crimes are particularly low, contributing to a feeling of security for residents. The chance of becoming a victim of crime in Grandwood Park is relatively small.
Year-over-year crime trends in Grandwood Park indicate a decrease, further solidifying its reputation as a secure place to live. The community’s safety is further enhanced by a visible local law enforcement presence, which helps deter criminal activity and ensures residents feel protected.
Crime Statistics
Overall crime rates in Grandwood Park are reported to be 69% lower than the national average (according to AreaVibes). Violent crimes are 74% lower than the national average, and property crimes are 68% lower than the national average (according to AreaVibes). This presents a low risk for residents, with a 1 in 154 chance of becoming a victim of crime (according to AreaVibes).
Neighborhood Safety
Grandwood Park is known for its friendly, family-oriented neighborhoods that are generally considered safe. Areas near the central parts of the community, such as around parks and local schools, tend to have lower crime rates and are popular among families. Subdivisions like Forest Ridge or Oakwood Estates are well-regarded for their maintained properties and active neighborhood watch programs (according to DoorProfit).
Cost of Living in Grandwood Park
The cost of living in Grandwood Park is influenced by housing prices, which are comparable to the national average. While the median property value is slightly lower than the national median, the overall cost of living is balanced by other economic factors.
The homeownership rate in Grandwood Park is notably high, indicating that many residents invest in property rather than renting. This suggests a stable community where residents are likely to stay long-term.
Housing Costs
The median property value in Grandwood Park was $330,500 in 2024 (according to Data USA). This figure is slightly lower than the national average of $332,700 (according to Data USA). The homeownership rate stands at 87.4%, which is significantly higher than the national average of 65.2% (according to Data USA).
For those considering renting, the median rental price in Grandwood Park is approximately $1.7K per month (according to Niche). This indicates a competitive rental market, with 12 rental listings available as of March 2026 (according to Niche).
Income and Expenses
The median household income in Grandwood Park was $126,736 in 2024 (according to Data USA). This income level provides residents with a strong financial standing, especially when considering the cost of living. The poverty rate is also quite low, with only 2.77% of the population living below the poverty line (according to Data USA).
Job Market and Economy
Grandwood Park’s economy is supported by a growing employment sector, with a diverse range of industries providing opportunities for residents. The most common industries include manufacturing, arts, entertainment, and recreation, as well as educational services.
The job market is robust, with a slight increase in employment over the past year. The highest-paying industries in the area are professional, scientific, and technical services, followed by wholesale trade and transportation, warehousing, and utilities.
Major Employers
While specific major employers within Grandwood Park are not detailed, the broader Lake County area benefits from significant economic activity. Leading employers in Lake County include Abbott, AbbVie, Walgreens, Wintrust Financial Corporation, and Medline Industries, LP (according to Chicago Tribune). These companies contribute to the region’s economic vitality and offer diverse employment opportunities.
Employment Statistics
From 2023 to 2024, employment in Grandwood Park grew at a rate of 0.757%, with the number of employees increasing to 3.06k (according to Data USA). The most common job groups include management occupations, office and administrative support, and arts, design, entertainment, sports, and media occupations (according to Data USA).
Climate in Grandwood Park
Grandwood Park experiences a climate typical of the Midwest, with distinct seasons characterized by warm summers and cold winters. The area has a moderate amount of rainfall spread throughout the year, with June being the wettest month.
The temperature varies significantly between seasons, with summers being warm and winters being cold and snowy. Overall, the climate offers a full range of seasonal experiences for residents.
Temperatures
The warm season in Grandwood Park lasts from late May to mid-September, with average daily high temperatures above 72°F. July is the hottest month, with average highs around 82°F and lows of 63°F (according to AccuWeather). The cold season extends from December to early March, with average daily high temperatures below 40°F. January is the coldest month, with average lows of 16°F and highs of 30°F (according to AccuWeather).
Rainfall and Precipitation
Grandwood Park receives an average annual rainfall of 36 inches (according to Livability.com). The wet season spans from April to late September, with a higher chance of rainy days. June typically sees the most rainfall, averaging 3.6 inches, while January has the least, with about 0.6 inches (according to AccuWeather).
Schools in Grandwood Park
Grandwood Park is served by highly-rated public schools, contributing to its appeal as a family-friendly community. The school districts in the area consistently receive positive reviews for their academic performance and educational environment.
Students benefit from a strong educational foundation, with various schools receiving high marks for overall performance and student-teacher ratios. This commitment to education ensures a quality learning experience for children in the community.
School Ratings
The public schools serving Grandwood Park generally receive good to excellent ratings. For example, schools within the Grayslake Community High School District No. 127 and Woodland Community Consolidated School District No. are recognized for their quality (according to Niche). Niche provides overall grades for school districts based on rigorous analysis of key statistics and millions of reviews.
Educational Environment
The student-teacher ratios in Grandwood Park schools are generally favorable, with some elementary schools having ratios as low as 12:1 or 13:1 (according to Niche). This allows for more individualized attention for students. The educational system aims to foster academic readiness and high graduation rates for its students.
Demographics of Grandwood Park
Grandwood Park is a diverse community with a significant White population, followed by Asian and Hispanic residents. The population is relatively stable, with a projected slight increase in the coming years.
The median age in Grandwood Park is around 42.2 years, indicating a mix of younger and older residents. The community is largely composed of U.S. citizens, with a foreign-born population that is comparable to the national average.
Population and Age
Grandwood Park has a population of approximately 5,262 residents as of 2024 (according to Data USA). The median age is 42.2 years, with males having a slightly higher median age of 43.6 years and females at 39.6 years (according to Data Commons). The population is projected to reach 5,336 by 2026 (according to Data Commons).
Race and Ethnicity
The racial composition of Grandwood Park includes approximately 64.94% White, 14.5% Asian, and 12.5% Hispanic (according to Data Commons). Other racial groups are represented in smaller percentages. Non-Hispanic White residents are the most common, making up a significant portion of the population (according to Data USA).
Pros and Cons of Living in Grandwood Park
Grandwood Park offers a peaceful suburban environment with a strong sense of community and safety. The highly-rated schools and relatively low cost of living, particularly in terms of poverty rate, are significant advantages for residents.
However, the housing market can be competitive, with rising home prices and a limited inventory. While the median rent is available, it indicates a constrained rental market. The average commute time is also a factor for those working outside the immediate area.
Advantages
Grandwood Park boasts exceptionally low crime rates, with violent crimes being significantly lower than the national average (according to AreaVibes). The community is considered safe and family-friendly, with highly-rated schools contributing to its appeal (according to Niche). The median household income is strong, and the poverty rate is low, indicating economic stability (according to Data USA).
Disadvantages
The housing market in Grandwood Park is described as very competitive, with median sale prices experiencing significant year-over-year increases (according to Redfin). As of March 2026, home prices were up 50.4% compared to the previous year, with a median price of $508K (according to Redfin). The number of homes sold in March 2026 was down 50.0% compared to the previous year, indicating limited inventory (according to Redfin). The average commute time for residents is 25.6 minutes (according to Data USA).