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.
Alternate Unofficial Names for Frankfort: Frankfort Station.
|Population in Households||19,277|
|Population in Familes||17,980|
|Population in Group Qrtrs||161|
|Median Household Income||$123,106|
|Average Household Income||$152,787|
|Per Capita Income||$50,513|
|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|
|Average Household Size||3.03|
|Average Family Size||3|
GROWTH RATE / YEAR
|Median Household Income||0.99%|
|Per Capita Income||1.67%|
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.
|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.