Life in Frankfort research summary. HomeSnacks has been researching the quality of life in Frankfort over the past eight years using Census data, FBI crime data, cost of living data, and other primary sources. Based on the most recently available data, we found the following about life in Frankfort:
The population in Frankfort is 20,040.
The median home value in Frankfort is $389,500.
The median income in Frankfort is $145,645.
The cost of living in Frankfort is 126 which is 1.3x higher than the national average.
The median rent in Frankfort is $1,863.
The unemployment rate in Frankfort is 4.4%.
The poverty rate in Frankfort is 2.2%.
Living Expense | Frankfort | Illinois | National Average | |
---|---|---|---|---|
Overall | 126 | 92 | 100 | |
Services | 95 | 95 | 100 | |
Groceries | 94 | 98 | 100 | |
Health | 111 | 96 | 100 | |
Housing | 190 | 81 | 100 | |
Transportation | 112 | 105 | 100 | |
Utilities | 90 | 90 | 100 |
Year | Population | % Change |
---|---|---|
2021 | 19,166 | 1.7% |
2020 | 18,850 | 1.5% |
2019 | 18,572 | 0.9% |
2018 | 18,415 | 0.7% |
2017 | 18,295 | 1.1% |
2016 | 18,100 | 0.8% |
2015 | 17,958 | 1.0% |
2014 | 17,787 | 1.8% |
2013 | 17,464 | 2.4% |
2012 | 17,056 | - |
Race | Frankfort | IL | USA |
---|---|---|---|
White | 80.8% | 60.2% | 59.4% |
African American | 8.7% | 13.8% | 12.2% |
American Indian | 0.0% | 0.1% | 0.6% |
Asian | 3.1% | 5.6% | 5.6% |
Hawaiian | 0.0% | 0.0% | 0.2% |
Other | 0.0% | 0.3% | 0.4% |
Two Or More | 1.9% | 2.4% | 3.2% |
Hispanic | 5.4% | 17.5% | 18.4% |
Gender | Frankfort | IL | USA |
---|---|---|---|
Female | 50.6% | 50.6% | 50.5% |
Male | 49.4% | 49.4% | 49.5% |
Education | Frankfort | IL | USA |
---|---|---|---|
< 9th Grade | -0.0% | 6.0% | 5.0% |
9-12th Grade | 1.0% | 6.0% | 6.0% |
High School / GED | 19.0% | 25.0% | 26.0% |
Some College | 15.0% | 20.0% | 20.0% |
Associate's Degree | 8.0% | 8.0% | 9.0% |
Bachelor's Degree | 32.0% | 22.0% | 21.0% |
Master's Degree | 17.0% | 10.0% | 9.0% |
Professional Degree | 5.0% | 2.0% | 2.0% |
Doctorate Degree | 3.0% | 1.0% | 2.0% |
Income | Frankfort | IL | USA |
---|---|---|---|
Less than $10,000 | 1.2% | 5.9% | 5.5% |
$10,000 to $14,999 | 0.0% | 3.5% | 3.9% |
$15,000 to $24,999 | 1.9% | 7.4% | 7.8% |
$25,000 to $34,999 | 3.6% | 7.7% | 8.2% |
$35,000 to $49,999 | 3.4% | 10.7% | 11.4% |
$50,000 to $74,999 | 10.5% | 16.3% | 16.8% |
$75,000 to $99,999 | 10.5% | 12.9% | 12.8% |
$100,000 to $149,999 | 22.4% | 17.1% | 16.3% |
$150,000 to $199,999 | 18.3% | 8.5% | 7.8% |
$200,000 or more | 28.1% | 10.1% | 9.5% |