In 2023, Frankfort, IL had a population of 20.4k people with a median age of 41.8 and a median household income of $153,714. Between 2022 and 2023 the population of Frankfort, IL grew from 20,260 to 20,417, a 0.775% increase and its median household income declined from $157,615 to $153,714, a −2.48% decrease.
The 5 largest ethnic groups in Frankfort, IL are White (Non-Hispanic) (78.6%), Black or African American (Non-Hispanic) (10.8%), Two+ (Hispanic) (3.81%), Asian (Non-Hispanic) (2.61%), and Two+ (Non-Hispanic) (2.44%).
None of the households in Frankfort, IL reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.
98.5% of the residents in Frankfort, IL are U.S. citizens.
In 2023, the median property value in Frankfort, IL was $461,600, and the homeownership rate was 94.7%.
Most people in Frankfort, IL drove alone to work, and the average commute time was 33.1 minutes. The average car ownership in Frankfort, IL was 2 cars per household.