Frankfort, IL 60423 ZIP Code Profile

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Frankfort, IL
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ZIP Code 60423: Basic Data & USPS Preferred City Name

Preferred Name, USPS
Frankfort, IL 60423

  • ZIP Code Type: STANDARD
  • Businesses Addresses: 1,314
  • Single Family Addresses: 10,666
  • Multi-Family Addresses: 294
  • County: Will County
  • Centroid: Latitude 41.492, Longitude -87.834
  • Time Zone: Central Time Zone (UTC -6 hours)
  • Observes DST: Yes

ZIP Code 60423 has segments in 2 Counties (Cook, Will).


Neighborhood Data

Address Based Hyperlocal Data Input an address and get data & demographics for the pertinent census block group (CBG), a searchable map and a customized directory. The CBG is the smallest geographical unit used by the Census Bureau for reporting certain data.


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60423 ZIP Code Map

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Frankfort, IL 60423 Data & Demographics (As of July 1, 2017)

POPULATION

Total Population 31,740
Daytime Population: Workers 12,608
Daytime Population: Residents 15,729
Total Daytime Population (TDP) 28,337
Ratio TDP/Total Population1 0.89
Population in Households 31,571
Population in Familes 29,048
Population in Group Qrtrs 169
Population Density2 850
Diversity Index3 31
 

INCOME

Median Household Income $105,532
Average Household Income $130,289
Per Capita Income $43,642

HOUSING

Total Housing Units 10,971 (100%)
Owner Occupied HU 9,811 (89.4%)
Renter Occupied HU 773 ( 7.0%)
Vacant Housing Units 387 ( 3.5%)
Median Home Value $317,705
Average Home Value $357,611
 

HOUSEHOLDS

Total Households 10,584
Average Household Size 2.98
Family Households 8,749
Average Family Size 3
NOTES
  1. If the ratio of the TDP to Total Population is greater than 1, the location gains population during the day when commuting workers are present. If the ratio is less than 1, the location is more of a bedroom community where people commute to another place for work.
  2. Population Density = Total Population per square mile.
  3. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.

GROWTH RATE / YEAR

2010-2017 2017-2022
Population 0.71% 0.65%
Households 0.72% 0.63%
Families 0.64% 0.57%
Median Household Income   1.14%
Per Capita Income   1.98%

Frankfort, IL 60423 - Peer Comparisons by Rank and Percentile

The table below compares 60423 to the other 1,377 ZIP Codes in Illinois by rank and percentile using July 1, 2017 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 127 91st
Population Density # 352 75th
Diversity Index # 390 72nd
Median Household Income # 38 97th
Per Capita Income # 98 93rd

Additional comparisons and rankings can be made with a VERY EASY TO USE Illinois Census Data Comparison Tool.


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