Skip to content
ZipNumbers

Illinois · Census place 27702

Franklin Park village, IL

Quick answer

Franklin Park village has 18,233 residents, ranking #139 of 1462 places in Illinois. Median household income is $76,009, the median home is worth $261,700 and median gross rent runs $1,103 a month.

Population
18,233Franklin Park village residents
Median household income
$76,009Past 12 months, inflation adjusted
Median home value
$261,700Owner-occupied units
Median gross rent
$1,103Rent plus utilities, monthly
Median age
37 yrsAll residents
Homeownership rate
75.1%Owner-occupied households

What the numbers mean in Franklin Park village

Housing cost measured against local earnings.

A household earning the Franklin Park village median would spend about 17.4% 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 3.4× the median household income; nationally that ratio sits near 4.5×. Poverty affects 13.6% of residents and 75.1% 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.

More Illinois coverage.