In 2017, Frankfort, IL had a population of 18.6k people with a median age of 42.9 and a median household income of $118,508. Between 2016 and 2017 the population of Frankfort, IL grew from 18,415 to 18,572, a 0.853% increase and its median household income grew from $113,250 to $118,508, a 4.64% increase.
The 5 largest ethnic groups in Frankfort, IL are White (Non-Hispanic) (84.1%), Black or African American (Non-Hispanic) (6.11%), White (Hispanic) (3.51%), Asian (Non-Hispanic) (3.46%), and Two or More Races (Non-Hispanic) (1.56%). N/A% of the people in Frankfort, IL speak a non-English language, and 98.9% are U.S. citizens.
The median property value in Frankfort, IL is $364,100, and the homeownership rate is 94.1%. Most people in Frankfort, IL commute by Drove Alone, and the average commute time is 33.1 minutes. The average car ownership in Frankfort, IL is 2 cars per household.