At a Glance
Median Income
$153,714
$59,421 per capita
Home Value
$461,600
Zillow: $503,107
Median Rent
$2,175/mo
28.4% of income on rent
Violent Crime
33/100K
668/100K property
Bachelor's Degree+
59.2%
98.3% high school+
Unemployment
3.6%
2.6% poverty rate
Obesity Rate
34.8%
9.3% smoking rate
How Frankfort Compares to the U.S. Average
Each bar shows Frankfort's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is Frankfort a Good Place to Live?
B+
3.9 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Frankfort residents earn a median household income of $153,714 , which is 105% above the national average of $75,149.
Per capita income is $59,421. The unemployment rate stands at 3.6% (0% below the U.S. rate of 3.6%). 2.6% of residents live below the poverty line. The area is home to 15,924 business establishments, including 1,360 restaurants.
Housing & Cost of Living
The median home value in Frankfort is $461,600 , 64% above the national median of $281,900.
Zillow estimates the typical home at $503,107. Median rent is $2,175/month, with 28.4% of renters spending more than 30% of income on housing. The cost of living index is 100.0 (100 = national average). The median home was built in 1999.
Safety & Crime
Frankfort reports 33 violent crimes per 100,000 residents
, which is 91% below the national average of 380/100K.
Property crime is 668/100K.
Education
59.2% of adults in Frankfort hold a bachelor's degree or higher
(76% above the national average).
98.3% have completed high school. Local schools score 6.0/10 in standardized testing.
Climate & Weather
Frankfort has an average annual temperature of 50°F (10°C).
Winters average 23°F in January while summers reach 74°F in July. Annual precipitation totals 41.3 inches. Air quality is rated Good with a median AQI of 44.
Data Overview
People
Population20,417
Median Age41.8 yrs
Density1,307/mi²
Male / Female51% / 49%
Foreign Born7.3%
Veterans3.7%
Economy
A+
Median Income$153,714
Per Capita$59,421
Unemployment3.6%
Poverty2.6%
County GDP$50,333M
Avg Weekly Wage$1,165
Housing
A+
Home Value$461,600
Rent$2,175
Ownership94.7%
Zillow$503,107
Housing Units6,893
Rent Burden28.4%
Crime
F
Violent33/100K
Property668/100K
Health
Obesity34.8%
Diabetes7.5%
Smoking9.3%
Heart Disease4.1%
Premature Death6,358/100K
Climate
Avg Temp50°F
Rain41.3 in/yr
AQI44 (Good)
Elevation719 ft
Education
A+
Bachelor's+59.2%
High School+98.3%
Graduate+26.0%
School Score6.0/10
Community
2024 VoteR 49% / D 50%
Commute33 min
Broadband93.4%
Internet Speed127 Mbps
EV Stations6
Libraries24
Did You Know?
Frankfort was founded in 1879.
The median home in Frankfort was built in 1999.
19.4% work from home.
The nearest airport is Joliet Regional (16 miles).
The Gini coefficient (income inequality) is 0.410 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively High" by FEMA.
6.0% of the population has a disability.
Average internet download speed is 127 Mbps.
There are 1,360 restaurants in the area.
The county recorded 59 fatal vehicle crashes.