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The total population of Grace is estimated to be 1,413 with 853 males (60.37%) and 560 females (39.63%). There are 293 less females than males in Grace.
The median household income in Grace was $75,857 in 2021, which marked an an increase of 5,233(7.41%) from $70,624 in 2020. This income is 101.68% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Grace sees its highest median household income among householders in the age group of 45 to 64 years old, at $98,426. Overall, the median household income for the city of Grace stands at $75,857.
In Grace, the median income for all workers aged 15 years and older, regardless of work hours, was $42,561 for males and $18,859 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $68,758 for males and $32,947 for females.
In Grace, there are just two different racial groups among households. Among these, White households report a median household income of $79,042, while Two or More Races households have a median household income of $62,828.
In 2022, the population of Grace was 938, a 0.86% increase year-by-year from 2021. Previously, in 2021, Grace's population was 930, an increase of 0.98% compared to a population of 921 in 2020.
The median age in Grace, ID is 37.9, as per 2021 ACS 5-Year Estimates. Of the total population, 18.22% were under the age of 15, 23.16% aged 15 to 29, 45.80% aged 30 to 64, 12.61% aged 65 to 84, and 0.22% were 85 years of age and older.
Racial distribution of Grace population: 86.87% are White, 0.07% are American Indian and Alaska Native, 0.29% are Asian, 9.51% are some other race and 3.24% are multiracial.