Frankfort Square, IL
Full City Profile · Illinois · Will County County
4.2
/5.0
A
Great
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
50°F
Avg Temperature
A
Overall
4.2 / 5.0
Strong
A
Economy
4.2 / 5.0
$126,953 median income, 7.4% unemployment
A+
Affordability
5.0 / 5.0
$282,100 home value, $1,511/mo rent
B+
Education
3.5 / 5.0
31.8% bachelor's degree or higher
Income Overview
Median Household Income
$126,953
69% above
US avg: $75,149
Per Capita Income
$44,438
14% above
US avg: $39,052
Unemployment Rate
7.4%
106% above
US avg: 3.6%
Poverty Rate
5.1%
59% below
US avg: 12.4%
Income Comparison: Frankfort Square vs. U.S. Average
Each bar shows Frankfort Square’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$126,953
169%
Per Capita
US: $39,052
$44,438
114%
IRS Avg AGI
US: $72,000
$93,451
130%
Avg Weekly Wage
US: $1,432
$1,165
81%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,165
19% below US avg ($1,432)
Mean Commute Time
30 min
9% above US avg (28 min)
Work From Home
11.0%
28% below US avg (15.2%)
Drive Alone
79.4%
8% above US avg (73.2%)
Public Transit
0.7%
86% below US avg (5.0%)
County GDP
$50,333M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
79.4%
Public Transit
0.7%
Work From Home
11%
Other
8.9%
Average commute time
30 minutes
US avg: 28 min
Business Landscape
Total Establishments
15,924
Restaurants
1,360
Healthcare
1,994
Retail
1,683
Manufacturing
594
Tax & Financial
IRS Avg Adjusted Gross Income
$93,451
30% above US avg ($72,000)
Avg Property Tax
$9,020
158% above US avg ($3,500)
Cost of Living Index
100.0
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $126,953 |
| Per Capita Income | $44,438 |
| IRS Avg Adjusted Gross Income | $93,451 |
| Avg Weekly Wage | $1,165 |
| County GDP | $50,333M |
Hardship Indicators
| Unemployment Rate | 7.4% |
| Poverty Rate | 5.1% |
| Gini Coefficient | 0.410 |
| Cost of Living Index | 100.0 |
Commute
| Mean Commute | 30 minutes |
| Drive Alone | 79.4% |
| Public Transit | 0.7% |
| Work From Home | 11.0% |
Businesses
| Total Establishments | 15,924 |
| Restaurants | 1,360 |
| Healthcare | 1,994 |
| Retail | 1,683 |
| Manufacturing | 594 |
Tax
| IRS Avg AGI | $93,451 |
| Avg Property Tax | $9,020 |