Frankfort Square

Population: 9,777
Median household income: $126,953
Median home value: $282,100

Frankfort Square, a community in Will County, Illinois, has 9,777 residents. At $126,953, its median household income sits above Will County's $107,799.

From 2019 to 2023, Frankfort Square's population grew 11.5% from 8,768 to 9,777, while its median home value rose 26.2% from $223,600 to $282,100.

The median gross rent is $1,511. 31.8% of adults 25 and older hold a bachelor's degree or higher.

Demographics

ACS 2019–2023

Population: 9,777
Median age: 40.2 yrs
Median household income: $126,953
Median home value: $282,100
Median gross rent: $1,511
Housing units: 3,402
Homeownership rate: 93.2%
Bachelor's degree or higher: 31.8%
Unemployment rate: 7.4%

Trends

ACS 5-year · 2019–2023

Population

8,7689,777

Median household income

$99,951$126,953

Median home value

$223,600$282,100

Median gross rent

$1,220$1,511

Year	Population	Median household income	Median home value	Median gross rent
2019	8,768	$99,951	$223,600	$1,220
2020	8,831	$113,170	$233,500	$1,319
2021	9,214	$117,625	$238,200	$1,294
2022	9,367	$121,500	$274,800	$1,452
2023	9,777	$126,953	$282,100	$1,511

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 54.6%

5 to 1718.6%

18 to 2410.5%

25 to 3410.4%

35 to 4413.6%

45 to 5413.0%

55 to 6416.5%

65 to 7410.8%

75 and over2.0%

	Count	Share
Under 5	448	4.6%
5 to 17	1,823	18.6%
18 to 24	1,025	10.5%
25 to 34	1,017	10.4%
35 to 44	1,328	13.6%
45 to 54	1,274	13.0%
55 to 64	1,614	16.5%
65 to 74	1,056	10.8%
75 and over	192	2.0%

Race & ethnicity

	Count	Share
White (non-Hispanic)	6,806	69.6%
Black or African American	367	3.8%
American Indian & Alaska Native	0	0.0%
Asian	219	2.2%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	99	1.0%
Two or more races	1,099	11.2%
Hispanic or Latino (any race)	1,187	12.1%

Educational attainment (age 25+)

No high school diploma3.3%

High school graduate29.5%

Some college or associate's35.4%

Bachelor's degree21.4%

Graduate or professional degree10.5%

	Count	Share
No high school diploma	214	3.3%
High school graduate	1,909	29.5%
Some college or associate's	2,294	35.4%
Bachelor's degree	1,386	21.4%
Graduate or professional degree	678	10.5%

Commute to work

Mean travel time to work: 30 min

Drove alone79.4%

Carpooled7.7%

Public transit0.7%

Walked0.4%

Bicycle0.0%

Worked from home11.0%

Other means0.7%

How workers get to work

	Count	Share
Drove alone	4,249	79.4%
Carpooled	411	7.7%
Public transit	40	0.7%
Walked	23	0.4%
Bicycle	0	0.0%
Worked from home	586	11.0%
Other means	40	0.7%

Travel time

	Count	Share
Under 15 min	1,064	22.3%
15 to 29 min	1,466	30.8%
30 to 44 min	1,020	21.4%
45 to 59 min	521	10.9%
60+ min	692	14.5%

Households

Average household size: 2.98
Poverty rate: 5.7% (556 of 9,772)

	Count	Share
Family households	2,884	87.9%
Nonfamily households	396	12.1%

Housing

Median year structure built: 1985

Occupancy

	Count	Share
Occupied	3,280	96.4%
Vacant	122	3.6%

Tenure (of occupied units)

	Count	Share
Owner-occupied	3,057	93.2%
Renter-occupied	223	6.8%

1-unit, detached84.8%

1-unit, attached9.9%

2 to 4 units4.4%

5 to 19 units1.0%

20 or more units0.0%

Mobile home & other0.0%

Units in structure

	Count	Share
1-unit, detached	2,885	84.8%
1-unit, attached	336	9.9%
2 to 4 units	148	4.4%
5 to 19 units	33	1.0%
20 or more units	0	0.0%
Mobile home & other	0	0.0%

Geography

Place GEOID: 1727644
Type (LSAD): 57
Land area: 2.5 sq mi
Water area: 0 sq mi
Center point: 41.5219, -87.8031