Frankfort, IL Profile: Facts & Data

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Frankfort, Illinois - Basic Facts

The Village of Frankfort had a population of 19,438 as of July 1, 2018. 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 41.4912 and longitude -87.8395 in Will County. The formal boundaries for the Village of Frankfort (see map below) 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 elevation is 761 feet.

The Village of Frankfort (GNIS ID: 2398915) 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.

Alternate Unofficial Names for Frankfort: Frankfort Station.

Jump to... (On This Page!)
  1. Frankfort 2018 Demographic Data
  2. Growth Rates for Frankfort (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Illinois Research Tools (Easy Tools & Current Data)
  3. Illinois Data Comparison Tool - 2018 Demographics

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Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2018, data includes home values, household income, percentage of homes owned, rented or vacant, etc.


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Frankfort, IL Data & Demographics (As of July 1, 2018)

POPULATION

Total Population 19,438
Population in Households 19,277
Population in Familes 17,980
Population in Group Qrtrs 161
Population Density2 1,291
Diversity Index3 32
 

INCOME

Median Household Income $123,106
Average Household Income $152,787
Per Capita Income $50,513

HOUSING

Total Housing Units 6,580 (100%)
Owner Occupied HU 5,960 (90.6%)
Renter Occupied HU 404 ( 6.1%)
Vacant Housing Units 217 ( 3.3%)
Median Home Value $394,975
Average Home Value $429,585
 

HOUSEHOLDS

Total Households 6,363
Average Household Size 3.03
Family Households 5,377
Average Family Size 3
NOTES
  1. Demographics are point estimates for July 1st of the current year and each for the forecast years. See References for more information.
  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

2010-2018 2018-2023
Population 1.08% 0.96%
Households 1.11% 0.98%
Families 0.96% 0.92%
Median Household Income   0.99%
Per Capita Income   1.67%

Frankfort, IL - Peer Comparisons by Rank and Percentile

The table below compares Frankfort to the other 1,368 incorporated cities, towns and CDPs in Illinois by rank and percentile using July 1, 2018 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 # 126 91st
Population Density # 578 58th
Diversity Index # 348 75th
Median Household Income # 33 98th
Per Capita Income # 54 96th

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

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