New Grand Chain, IL
Full City Profile · Illinois · Pulaski County County
New Grand Chain, IL
At a Glance
How New Grand Chain Compares to the U.S. Average
Each bar shows New Grand Chain's value as a percentage of the national average (100% = U.S. avg)
Is New Grand Chain a Good Place to Live?
Economy & Jobs
New Grand Chain residents earn a median household income of $31,250 , which is 58% below the national average of $75,149. Per capita income is $28,121. The unemployment rate stands at 3.4% (6% below the U.S. rate of 3.6%). 6.1% of residents live below the poverty line. The area is home to 105 business establishments, including 6 restaurants.
Housing & Cost of Living
The median home value in New Grand Chain is $52,500 , 81% below the national median of $281,900. Zillow estimates the typical home at $74,104. Median rent is $494/month, with 14.6% of renters spending more than 30% of income on housing. The cost of living index is 100.0 (100 = national average). The median home was built in 1959.
Education
15.4% of adults in New Grand Chain hold a bachelor's degree or higher (54% below the national average). 95.2% have completed high school. Local schools score 3.5/10 in standardized testing.
Climate & Weather
New Grand Chain has an average annual temperature of 58°F (14°C). Winters average 35°F in January while summers reach 79°F in July. Annual precipitation totals 49.4 inches.