Illinois · Census place 27644
Frankfort Square CDP, IL
Quick answer
Frankfort Square CDP has 9,777 residents, ranking #228 of 1462 places in Illinois. Median household income is $126,953, the median home is worth $282,100 and median gross rent runs $1,511 a month.
- Population
- 9,777Frankfort Square CDP residents
- Median household income
- $126,953Past 12 months, inflation adjusted
- Median home value
- $282,100Owner-occupied units
- Median gross rent
- $1,511Rent plus utilities, monthly
- Median age
- 40.2 yrsAll residents
- Homeownership rate
- 93.2%Owner-occupied households
What the numbers mean in Frankfort Square CDP
Housing cost measured against local earnings.
A household earning the Frankfort Square CDP median would spend about 14.3% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 2.2× the median household income; nationally that ratio sits near 4.5×. Poverty affects 5.7% of residents and 93.2% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Illinois.
- Winfield village 9,982
- Harvard city 9,875
- Peru city 9,863
- Mahomet village 9,755
- Sauk Village village 9,724
- Flossmoor village 9,666
- Itasca village 9,525
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