Income & Economy in Grand Tower, IL
Household income, poverty rates, employment, and economic data — 2023 ACS Data
Income Overview
Source: U.S. Census Bureau ACS (2023)Median Household Income
$59,375
-19% vs national
Per Capita Income
$23,409
-37% vs national
Poverty Rate
22.2%
+63% vs national
Gini Index
0.3864
0 = perfect equality
Unemployment
10.6%
+103% vs national
SNAP Recipients
34.3%
of households
How Grand Tower Compares
Source: Census ACS (2023)Grand Tower vs Similar Cities
Source: Census ACS (2023)Compared to cities with under 10,000 residents. Grand Tower is highlighted.
Median Household Income
Per Capita Income
Poverty Rate
Unemployment Rate
Where Do You Stack Up?
Enter your household income to see how you compare to other households in Grand Tower. The median household income here is $59,375.
Income Distribution
Source: U.S. Census Bureau ACS (2023)Employment Snapshot
Source: U.S. Census Bureau ACS (2023)Unemployment Rate
10.6%
+89% vs IL avg
Labor Force
265
Employed
237
How People Get to Work
Source: Census ACS (2023)Employment by Sector
Source: Census ACS (2023)Education & Workforce
Source: U.S. Census Bureau ACS (2023)Bachelor's Degree+
1.3%
of adults 25+
High School Diploma+
20.7%
of adults 25+
Median Age
24.1
Work from Home
2.6%
of workers
The median household income in Grand Tower, IL is $59,375, which is 18.9% below the national average of $73,224. Per capita income is $23,409. The poverty rate of 22.2% is higher than the IL state average of 12.0%. The Gini index of income inequality is 0.3864, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 10.6%, compared to the state average of 5.6%. 1.3% of adults hold a bachelor's degree or higher.