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Greater Grand Crossing

Learn about the people, housing, costs and businesses in Greater Grand Crossing, Illinois

Median Home$188,410
Median Rent$1,065/month
Population29,143
Leading IndustriesInformation & Media · Finance & Insurance · Education15% information & media
Home Value Growth+9.2% over 2 years
Retirees19% of residentsslightly above average
Renters64% of occupied units
NotableVeteran Community5% of residents · top 14% nationally
NotableAffordable Market$188k median home · lower cost than 84% of the country
Greater Grand Crossing
IL

Frequently Asked Questions

What are today's mortgage rates in Greater Grand Crossing?

As of today, the 30-year fixed mortgage rate for Greater Grand Crossing is approximately 6.920% (6.970% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Greater Grand Crossing?

The median home value in Greater Grand Crossing is $188k. The median monthly rent is $1,065. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Greater Grand Crossing?

Home values in Greater Grand Crossing have increased 9.2% over the past two years. This represents moderate growth. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Greater Grand Crossing?

Based on a typical all-in ownership cost of $1,114/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $48k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Greater Grand Crossing is $44k/year.

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What industries drive the economy in Greater Grand Crossing?

The largest employment sectors in Greater Grand Crossing are public administration (28%) and information and media (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

🗺️ Nearby Areas

Adjacent counties and areas