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Frankfort Square, IL

Full City Profile · Illinois · Will County County

3.5 /5.0
B+ Good
9,777 Population 3,911/sq mi density
$126,953 Median Income $44,438 per capita
$282,100 Home Value $319,323 Zillow
$1,511 Median Rent 16.9% income on rent
51°F Avg Temperature 275 sunny days/yr
80 Violent Crime/100K 1,618 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.5 / 5.0
$126,953 median income, 5.5% unemployment
A+
Affordability
5.0 / 5.0
$282,100 home value, $1,511/mo rent
F
Safety
1.0 / 5.0
80 violent crimes/100K
B+
Education
3.5 / 5.0
31.8% bachelor's degree or higher

Frankfort Square, IL

At a Glance

Median Income
$126,953
69% above
$44,438 per capita
Home Value
$282,100
0% below
Zillow: $319,323
Median Rent
$1,511/mo
30% above
16.9% of income on rent
Violent Crime
80/100K
79% below
1,618/100K property
Bachelor's Degree+
31.8%
6% below
96.7% high school+
Unemployment
5.5%
53% above
5.1% poverty rate
Obesity Rate
35.7%
11% above
10.8% smoking rate
Avg Temperature
51°F
275 sunny days/yr

How Frankfort Square Compares to the U.S. Average

Each bar shows Frankfort Square's value as a percentage of the national average (100% = U.S. avg)

Income
169%
Home Value
100%
Rent
130%
Poverty
41%
Bachelor's
94%
Unemployment
153%
Crime
21%
Thin vertical line = U.S. national average (100%)

Is Frankfort Square a Good Place to Live?

B+
3.5 / 5.0 — Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Frankfort Square residents earn a median household income of $126,953 , which is 69% above the national average of $75,149. Per capita income is $44,438. The unemployment rate stands at 5.5% (53% above the U.S. rate of 3.6%). 5.1% 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 Square is $282,100 , 0% below the national median of $281,900. Zillow estimates the typical home at $319,323. Median rent is $1,511/month, with 16.9% 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 1984.

Safety & Crime

Frankfort Square reports 80 violent crimes per 100,000 residents , which is 79% below the national average of 380/100K. Property crime is 1,618/100K.

Education

31.8% of adults in Frankfort Square hold a bachelor's degree or higher (6% below the national average). 96.7% have completed high school. Local schools score 6.0/10 in standardized testing.

Climate & Weather

Frankfort Square has an average annual temperature of 51°F (11°C). Winters average 24°F in January while summers reach 77°F in July. The area gets 275 sunny days per year. Annual precipitation totals 41.4 inches. Air quality is rated Good with a median AQI of 43.

Data Overview

People

Population9,777
Median Age40.2 yrs
Density3,911/mi²
Male / Female51% / 49%
Foreign Born13.6%
Veterans5.9%

Economy

A+
Median Income$126,953
Per Capita$44,438
Unemployment5.5%
Poverty5.1%
County GDP$50,333M
Avg Weekly Wage$1,165

Housing

A+
Home Value$282,100
Rent$1,511
Ownership93.2%
Zillow$319,323
Housing Units3,232
Rent Burden16.9%

Crime

F
Violent80/100K
Property1,618/100K

Health

Obesity35.7%
Diabetes7.9%
Smoking10.8%
Heart Disease4.4%
Premature Death6,358/100K

Climate

Avg Temp51°F
Sunny Days275/yr
Rain41.4 in/yr
AQI43 (Good)
Elevation709 ft

Education

B+
Bachelor's+31.8%
High School+96.7%
Graduate+12.9%
School Score6.0/10

Community

2024 VoteR 49% / D 50%
Commute30 min
Broadband99.3%
Internet Speed127 Mbps
EV Stations5
Libraries24

Did You Know?

The median home in Frankfort Square was built in 1984.
The nearest airport is Chicago Midway International (18 miles).
The Gini coefficient (income inequality) is 0.410 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively High" by FEMA.
7.0% of the population has a disability.
13.6% of residents are foreign-born.
Average internet download speed is 127 Mbps.
There are 1,360 restaurants in the area.
The county recorded 59 fatal vehicle crashes.