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CITY

Frankfort Square

Illinois · 9,560 residents · 2.496 sq mi
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Notable rankings
#135Highest homeownership rateof 6,82395.2%
The short version

Frankfort Square is significantly wealthier than the US average, with a median household income of $126,897. Population has grown 23% since 2000. Median home value has more than doubled since 2000, reaching $305,800. It ranks in the top 5% of US cities for household income. Households here earn about 52% more than the Illinois median.

At a glance
Wealthier
above the US median
US median: $82,259
Older
median age 42.3
US median: 38.9
Average education
33% hold a bachelor's degree
US average: 36%
Stable housing
home values roughly flat, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
9,560
+23%since 2000
from 7,766 in 2000
1990 – 2024
Population density
3,830 / sq mi
+23%since 2000
from 3,111 / sq mi in 2000
US average: 281
Median age
42.3
+37%since 2000
from 30.8 in 2000
US average: 38.9
Population, 1990 – 2024
6K7K8K9K10K1990201020202024Frankfort Square
202410K
1990201020202024
Section 02

Income & economy

Median household income
$126,897
Unchangedinflation adjusted, since 2000
from $69,459 in 2000
US average: $82,259
1990 – 2024
Per capita income
$44,151
+100%since 2000
from $22,038 in 2000
US average: $44,673
Households earning $100K+
76.1%
+20.4 ptssince 2009
from 55.7% in 2009
US average: 53.3%
Poverty rate
6.4%
+4.0 ptssince 2000
from 2.4% in 2000
US average: 12.5%
Income inequality (Gini)
0.310
+14%since 2010
from 0.271 in 2010
US average: 0.476
Workforce by industry, 2024
Information12.4%
US avg: 10.8%
Retail trade9.5%
US avg: 9.9%
Wholesale trade8.9%
US avg: 6.9%
Finance & insurance7.1%
US avg: 5.9%
Professional, scientific, technical7.1%
US avg: 5.1%
Arts, entertainment, food6%
US avg: 1.9%
Other services5.3%
US avg: 6.7%
Public administration4.6%
US avg: 4.8%
Transportation & warehousing1.5%
US avg: 2.2%
Agriculture, forestry, fishing0%
US avg: 1.6%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
Education & health services0%
US avg: 0.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$305,800
+11%inflation adjusted, since 2000
from $151,300 in 2000
US average: $376,019
1990 – 2024
Median gross rent
$1,622
+5%inflation adjusted, since 2000
from $852 in 2000
US average: $1,442
Owner-occupied
95.2%
−0.6 ptssince 2000
from 95.8% in 2000
4.8% rent
Vacancy rate
2.5%
−2.0 ptssince 2009
from 4.5% in 2009
US average: 10.0%
Owner cost-burdened
22.6%
−6.8 ptssince 2009
from 29.4% in 2009
US average: 22.9%
Renter cost-burdened
34.8%
+34.8 ptssince 2009
from 0.0% in 2009
US average: 47.4%
Afford Score
2.4
+11%since 2000
from 2.2 in 2000
1990 – 2024
Gentrification Score
34
RELATED:See current rent listings in Frankfort Square on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic92.3%(7,165)
Black1.3%(99)
Hispanic / Latino4%(312)
Asian1.7%(131)
Other0%
Diversity Score16.7%(1,297)
2024
White, non-Hispanic68.7%(6,569)
Black5.5%(523)
Hispanic / Latino11.5%(1,100)
Asian2.7%(259)
Other11.6%(1,109)
Diversity Score62.2%(5,944)
Diversity Score
62
+272%since 2000
from 17 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
32.9%
+10.7 ptssince 2000
from 22.2% in 2000
US average: 35.6%
High school or higher
96.4%
+2.1 ptssince 2000
from 94.3% in 2000
US average: 89.6%
Graduate degree
12.0%
+7.4 ptssince 2000
from 4.7% in 2000
US average: 14.0%
Section 06

Commute & transportation

Average commute
28.0 min
−1%since 2000
from 28.2 min in 2000
US average: 26.5
Drive alone to work
75.8%
−5.6 ptssince 2009
from 81.4% in 2009
US average: 68.9%
Carpooled to work
10.6%
+5.5 ptssince 2009
from 5.0% in 2009
US average: 8.5%
Public transit
0.6%
−8.9 ptssince 2009
from 9.5% in 2009
US average: 3.2%
Worked from home
11.5%
+8.4 ptssince 2009
from 3.0% in 2009
US average: 15.0%
Walked to work
0.6%
+0.3 ptssince 2009
from 0.3% in 2009
US average: 2.4%
Biked to work
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 0.4%
No vehicle available
1.9%
+1.3 ptssince 2009
from 0.5% in 2009
US average: 8.3%
Section 07

Work & employment

Unemployment rate
7.4%
+1.9 ptssince 2011
from 5.5% in 2011
US average: 5.2%
Labor force participation
72.2%
−6.0 ptssince 2011
from 78.2% in 2011
US average: 63.5%
Self-employed
12.2%
−2.5 ptssince 2009
from 14.6% in 2009
US average: 13.1%
Management & professional
37.2%
−25.3 ptssince 2009
from 62.5% in 2009
US average: 42.5%
Section 08

People & community

Male
51.4%
+4.5 ptssince 2009
from 47.0% in 2009
Female
48.6%
−4.5 ptssince 2009
from 53.0% in 2009
Foreign born
6.3%
+1.9 ptssince 2009
from 4.4% in 2009
US average: 14.1%
Veterans
5.9%
−41.2 ptssince 2009
from 47.1% in 2009
US average: 6.2%
With a disability
7.8%
+2.1 ptssince 2012
from 5.7% in 2012
US average: 13.3%
Uninsured
2.4%
−91.7 ptssince 2013
from 94.1% in 2013
US average: 8.4%
Broadband at home
99.2%
+7.9 ptssince 2017
from 91.3% in 2017
US average: 91.0%
English only at home
88.2%
−3.0 ptssince 2016
from 91.1% in 2016
US average: 77.7%
Spanish at home
5.7%
+1.6 ptssince 2016
from 4.1% in 2016
US average: 13.6%
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Compare Frankfort Square to nearby cities

FRANKFORT SQUARE VS
Matteson
Income$95,457−25%
Home value$250,600−18%
Population18,543+94%
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FRANKFORT SQUARE VS
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Income$105,189−17%
Home value$299,900−2%
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FRANKFORT SQUARE VS
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Income$154,375+22%
Home value$481,200+57%
Population21,365+123%
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FRANKFORT SQUARE VS
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Income$123,889−2%
Home value$401,400+31%
Population19,897+108%
SEE FULL COMPARISON →
Frequently asked

How many people live in Frankfort Square, Illinois?

Frankfort Square, Illinois has about 9,560 residents according to the 2024 American Community Survey.

What is the median household income in Frankfort Square, Illinois?

The typical household in Frankfort Square, Illinois earns about $126,897 a year. Half of households make more than that, and half make less.

Is Frankfort Square, Illinois expensive?

In Frankfort Square, Illinois, the median home is worth about $305,800, and the typical rent is about $1,622 a month.

How educated are people in Frankfort Square, Illinois?

About 32.9% of adults age 25 and over in Frankfort Square, Illinois hold a bachelor's degree or higher.

What is the poverty rate in Frankfort Square, Illinois?

About 6.4% of people in Frankfort Square, Illinois live below the federal poverty line.

Has Frankfort Square, Illinois grown since 1990?

Yes, Frankfort Square, Illinois has grown since 1990. The population has added about 3,362 residents, a change of about 54 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

How we source and harmonize this data →

Frankfort Square, Illinois: demographics, income & housing data · CensusEasy