Frankfort, ILPublished Date: November 21, 2024Frankfort is located in Will County, Illinois and has a population of 20,260. The poverty rate in Frankfort is 3% and is lower than the US poverty rate of 11.5%. The U.S. poverty level for a family of four in 2023 is $31,200. The unemployment rate in Frankfort is 3.8% while the Will County unemployment rate is 5%.
| | Population | |
|---|
| Male | | 51.1% |
| Female | | 48.9% |
| | Median Age (city/county) | |
|---|
| Frankfort | | 42.6 |
| Will | | 38.7 |
| | Median Household Income (city/county) | |
|---|
| Frankfort | | $157,615 |
| Will | | $103,678 |
| | Median Home Value (city/county) | |
|---|
| Frankfort | | $434,804 |
| Will | | $283,208 |
| | Median Rent (city/county) | |
|---|
| Frankfort | | $2,265 |
| Will | | $1,342 |
| | Poverty Rate (city/county) | |
|---|
| Frankfort | | 3% |
| Will | | 6.7% |
Races and Ethnicity
▩ White 81.5%
▩ Black or African American 9.7%
▩ Asian 3.1%
▩ Native 0%
▩ Pacific 0%
▩ Other 0.7%
▩ Hispanic 5.6%
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