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Franklin Grove, IL

Full City Profile · Illinois · Lee County County

3.1 /5.0
B Good
1,086 Population 2,586/sq mi density
$60,833 Median Income $30,081 per capita
$136,800 Home Value $179,330 Zillow
$850 Median Rent 23.7% income on rent
48°F Avg Temperature 275 sunny days/yr
102 Violent Crime/100K 410 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.9 / 5.0
$60,833 median income, 0.7% unemployment
A+
Affordability
5.0 / 5.0
$136,800 home value, $850/mo rent
F
Safety
1.0 / 5.0
102 violent crimes/100K
C+
Education
2.5 / 5.0
19.1% bachelor's degree or higher

Change Over Time (2013–2023)

Population Change
-9.6%
972 → 879
over 10 years
Annual Pop. Growth
-1%
Compound annual growth rate
Median Income Change
+41.1%
$43,125 → $60,833
nominal, not inflation-adjusted
Annual Income Growth
+3.5%
Compound annual growth rate

Population Over Time

Total population for Franklin Grove across each available Census ACS release.

Median Household Income Over Time

Median household income reported by U.S. Census ACS. Values are nominal (not adjusted for inflation).

Projected 2030

Simple projections extrapolating the 2013–2023 compound annual growth rate forward. These are mathematical extensions of recent trends, not forecasts — real outcomes depend on migration, policy and economic shifts.

Projected Population 2030
819
-60 from 2023 (879)
Projected Median Income 2030
$77,397
+$16,564 from 2023 ($60,833)

Year-by-Year Detail

Year Population YoY % Median Income YoY %
2013 972 $43,125
2015 954 -1.9% $53,214 +23.4%
2017 949 -0.5% $46,875 -11.9%
2019 932 -1.8% $48,177 +2.8%
2021 898 -3.6% $50,302 +4.4%
2023 879 -2.1% $60,833 +20.9%
Source: U.S. Census ACS 5-Year Estimates (Data Commons). Home value and rent are not yet available historically.