Freeport, IL Profile: Facts & Data

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Freeport, Illinois - Basic Facts

The City of Freeport had a population of 24,393 as of July 1, 2020. Freeport ranks in the upper quartile for Population Density and Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Illinois. See peer rankings below.

The primary coordinate point for Freeport is located at latitude 42.2967 and longitude -89.6212 in Stephenson County. The formal boundaries for the City of Freeport encompass a land area of 11.76 sq. miles and a water area of 0.01 sq. miles. Stephenson County is in the Central time zone (GMT -6). The elevation is 774 feet.

The City of Freeport (GNIS ID: 2394821) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The City of Freeport is located within Township of Freeport, a minor civil division (MCD) of Stephenson County.


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Freeport, IL Data & Demographics (As of July 1, 2020)

POPULATION

Total Population 24,393 (100%)
Population in Households 23,675 (97.1%)
Population in Families 17,523 (71.8%)
Population in Group Quarters1 718 ( 2.9%)
Population Density 2,093
Diversity Index2 51
 
 

INCOME

Median Household Income $39,005
Average Household Income $54,876
% of Income for Mortgage4 9%
Per Capita Income $24,069
Wealth Index5 52
 

HOUSING

Total HU (Housing Units) 12,241 (100%)
Owner Occupied HU 5,988 (48.9%)
Renter Occupied HU 4,649 (38.0%)
Vacant Housing Units 1,604 (13.1%)
Median Home Value $80,750
Average Home Value $105,048
Housing Affordability Index3 211
 

HOUSEHOLDS

Total Households 10,637
Average Household Size 2.23
Family Households 6,037
Average Family Size 3
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. 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 races 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.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2020 2020-2025
Population -0.49% -0.79%
Households -0.37% -0.7%
Families -0.58% -0.87%
Median Household Income   0.75%
Per Capita Income   1.61%
Owner Occupied HU   -0.62%

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Freeport, IL - Peer Comparisons by Rank and Percentile

The table below compares Freeport to the other 1,369 incorporated cities, towns and CDPs in Illinois by rank and percentile using July 1, 2020 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 # 95 93rd
Population Density # 246 82nd
Median Household Income # 1280 7th
Housing Affordability Index # 529 39th
Per Capita Income # 1128 18th
Diversity Index # 187 86th

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

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