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Population Review

Frankfort village, IL — Population & Demographics

Frankfort village, IL has a population of 20,417. The median household income is $153,714 and the median age is 41.8.

20,417

Population

$153,714

Median Income

$461,600

Median Home Value

41.8

Median Age

Race & Ethnicity

White79.3%
Black or African American10.9%
Asian0.0%
Hispanic or Latino (any race)0.1%
Two or More Races0.0%

Economy & Income

$153,714

Median Household Income

$59,421

Per Capita Income

2.6%

Poverty Rate

2.4%

Unemployment Rate

Housing

$461,600

Median Home Value

$2,175

Median Rent

94.7%

Owner-Occupied

Education

98.3%

High School+

59.2%

Bachelor's+

Commute

4.3%

Drive Alone

19.4%

Work From Home

33.1 min

Avg Commute

Frequently Asked Questions

Frankfort village, IL has a population of 20,417 according to Census ACS 2023 data.

The median household income in Frankfort village, IL is $153,714, with 2.6% living below the poverty level.

The median home value in Frankfort village, IL is $461,600, with median rent at $2,175.

Data from the American Community Survey (ACS) 5-Year estimates.