Illinois Gazetteer
Also See Frankfort, IL: ZIP Codes & Maps
The Village of Frankfort had a population of 20,651 as of 2020-2024 American Community Survey 5-Year Estimates. Frankfort ranks in the upper quartile for 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 Frankfort is located at latitude 41.4959 and longitude -87.8487 in Will County. The formal boundaries for the Village of Frankfort encompass a land area of 15.06 sq. miles and a water area of 0 sq. miles. Will County is in the Central time zone (GMT -6).
The Village of Frankfort 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 Village of Frankfort is located within Township of Frankfort, a minor civil division (MCD) of Will County.
Source: 2020-2024 American Community Survey 5-Year Estimates
POPULATION | |
|---|---|
| Total Population | 20,651 (100%) |
| Population Density | 1,322 per sq mi |
| Diversity Index1 | 42 |
INCOME | |
| Median Household Income | $154,375 |
| Per Capita Income | $62,793 |
| Median Home Value | $481,200 |
HOUSING | |
|---|---|
| Total HU (Housing Units) | 7,043 (100%) |
| Owner Occupied HU | 6,433 (91.3%) |
| Renter Occupied HU | 356 (5.1%) |
| Vacant Housing Units | 254 (3.6%) |
HOUSEHOLDS | |
| Total Households | 6,789 |
| Average Household Size | 3.02 |
| Family Households | 5,638 (83.0%) |
The table below compares Frankfort to the other 1,461 incorporated cities, towns and CDPs in Illinois by rank and percentile using 2020-2024 American Community Survey 5-Year Estimates 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 | # 119 | 92nd |
| Population Density | # 537 | 63rd |
| Median Household Income | # 46 | 97th |
| Per Capita Income | # 88 | 94th |
| Diversity Index | # 288 | 80th |
Additional comparisons and rankings can be made with a VERY EASY TO USE Illinois Census Data Comparison Tool.
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