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Grundy County, IL

RANK #471 / 1001 NAT  ·  #20 / 28 IL  ·  POP 53,219

1YR FORECAST: +2.4%

5YR OUTLOOK: +29%

Grundy County's housing market is projected to grow +2.4% over the next year, tracking near the national average.

[01] Why Grundy County?

Morris, the county seat of Grundy County, Illinois, offers a glimpse into the region's past with its historic downtown, featuring small shops and independent restaurants. Located about 45 to 60 minutes southwest of Chicago, Grundy County provides a blend of rural and urban characteristics. The county is situated along the Illinois River and the historic Illinois and Michigan Canal, offering natural scenery and outdoor recreation opportunities like hiking and boating in its state parks and nature preserves. Commuting to Chicago is possible by car, taking around 1 hour and 19 minutes, or by train and taxi.

Life in Grundy County is characterized by a strong sense of community, attracting families and young professionals. The public schools in Grundy County are highly rated, with institutions like Minooka Community High School and Coal City Middle School receiving positive recognition. The local economy is experiencing growth, with job increases in sectors such as general merchandise, retail, truck transportation, health, personal care, oil and gas extraction, and construction. The county is also seeing investment in energy and infrastructure, contributing to its economic development.

MARKET PROFILE

Idiosyncratic Markets

Grundy County's data profile doesn't fit any single market profile cleanly — its housing, labor, and demographic signals pull in different directions (home prices +4.5% YoY, population +0.6%, wages +2.5%). About 414 U.S. counties show this kind of mixed-signal pattern.

See all 414 Idiosyncratic Markets counties →

[02] Market Snapshot

Housing Ratio
8.8x

Overvalued relative to economy

Home Prices
+4.5%

Outpacing national median

Climate & Terrain
-2.1

Below-average climate & terrain

Price/Rent
16x

Above national median (15x)

Housing looks overvalued at 8.8x — home prices are high relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    Morris Hospital Healthcare
    1,000+
  2. 2
    Constellation - Dresden Station Energy
    500+
  3. 3
    D Construction Other
  4. 4
    Grainger Logistics
  5. 5
    Costco Meat Processing Facility Manufacturing
  6. 6
    Procter & Gamble Logistics
  7. 7
    Trader Joe's Distribution Facility Logistics
    250+
  8. 8
    Costco Distribution Facility Logistics
  9. 9
    Walmart Retail
  10. 10
    LyondellBasell Manufacturing

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[04] Home Value Growth vs National

Grundy County U.S. National

Bars show trailing 12-month growth. The dashed Forecast bars are the model's next-12-month projection; the whisker marks the ±1% range (cooling–accelerating).

The Numbers

DEMOGRAPHICS
Population
53,219
+0.57% YoY
Median Household Income
$92,235
Median Home Value
$271,700
+4.46% 12mo
Median Rent
$1,177
Average Annual Pay
$71,637
+2.5% YoY
Employment
22,946
+2.7% YoY
Income-to-Home-Value
0.3395
More affordable than average
Migration Inflow
4.75%
of pop. from another state
Bachelor's Degree+
23.6%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$323,300
Days on Market
50
Moderate pace
Months of Supply
2.4
Seller's market
Sale-to-List Ratio
99.2%
Near asking price
Sold Above List
39.4%
Listings w/ Price Drops
18.5%
Building Permits (2025)
114
Single-Family Permits
56

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Crime & Safety

B
SAFETY
GRADE
Firearm Fatalities
8.1
per 100K · nat avg 14.8
Injury Deaths
78.4
per 100K · nat avg 76.3
vs National Average
based on homicide rate

Source: CDC/NCHS vital statistics via County Health Rankings (2020–2022 avg). Rates per 100,000 population. Grade based on homicide rate relative to national average (~6.3). Learn more →

[06] Capital Investment

$3,319M
TOTAL
PROJECT AMOUNT STATUS
CPV Three Rivers Energy Center
Competitive Power Ventures (CPV)
$1,300M Operating
Tract Morris Data Center
Tract
$1,000M Planned
Cielo Minooka Data Center
Cielo Digital Infrastructure
$500M Planned
Blue Sky Solar Project
Blue Sky Solar
$300M Proposed
Buffalo Solar Farm
RWE
$116M Under Construction
Rebuild Illinois Capital Program (18 major projects)
Illinois Department of Transportation (IDOT)
$103M Underway/Planned

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[07] Score Breakdown

Population Growth +0.6% 47 percentile
Income Growth -0.9% 4 percentile
Vacancy Rate 0.2% 100 percentile
Home Price Change +4.5% 82 percentile
Rent Growth +2.5% 42 percentile
Price/Rent 16x 43 percentile

Bars show percentile rank among all 1001 counties.

[08] Frequently Asked Questions

Is Grundy County, IL a good place to move to?

Grundy County scores 53/100 on the Boom Town Index, landing in the middle of the pack among 1001 U.S. counties (#471). Median household income is $92,235 and job growth is running at +2.7%. The data points to a county with mixed signals — some positive indicators alongside areas that lag faster-growing peers.

Is Grundy County affordable?

Housing in Grundy County is roughly in line with national affordability norms. The median home costs $271,700 and the income-to-home-value ratio sits at 0.34, with rents averaging $1,177/month. Not a bargain, but not a stretch for most local earners either.

Is Grundy County growing or shrinking?

Grundy County is growing on multiple fronts. Population is up +0.6% year-over-year while employers added jobs at a +2.7% clip — and home values reflect that momentum, rising +4.5% over the past 12 months.

Are people moving to Grundy County?

There's a moderate stream of newcomers. About 4.75% of residents moved from another state, which is above average and suggests Grundy County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[09] Similar Counties by Size & Score

Peoria County, IL 53 Boone County, IL 57 McHenry County, IL 57 Kendall County, IL 59 Lake County, IL 64 Sangamon County, IL 64 Franklin County, VT 53 Columbia County, OR 54