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Franklin Park, IL&

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Population
18,290
0.65% decline
Median Age
39.4
Median Household Income
$57,288
2.44% growth
Poverty Rate
8.13%
Number of Employees
9,661
0.88% growth
Median Property Value
$171,300
0.53% growth

Economy

The economy of Franklin Park, IL employs 9,661 people. The economy of Franklin Park, IL is specialized in Transportation & Warehousing; Manufacturing; and Wholesale trade, which employ respectively 2.31; 2.06; and 1.84 times more people than what would be expected in a location of this size. The largest industries in Franklin Park, IL are Manufacturing (1,924), Retail trade (976), and Healthcare & Social Assistance (957), and the highest paying industries are Utilities ($61,771), Professional, Scientific, Tech Services ($47,788), and Finance & Insurance ($40,625).

Median household income in Franklin Park, IL is $57,288. Males in Franklin Park, IL have an average income that is 1.24 times higher than the average income of females, which is $43,996. The income inequality of Franklin Park, IL (measured using the Gini index) is 0.412 which is lower than the national average.

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Health & Safety

Insurance and Medicare coverage combined with state and county level health and safety statistics for Franklin Park, IL. In Cook County, IL the age groups most likely to have health care coverage are 6-17 and 25-34, men and women, respectively. The location has a 1 to 94 primary care clinician to patient ratio and a Medicare reimbursement average per patient per year of $10,353. St. Clair County, IL has the highest prevalence of homicides of any county in Illinois.

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Clinician to Patient Rates

The closest comparable data for the census place of Franklin Park, IL is from the county of Cook County, IL.

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Diversity

Franklin Park, IL is home to a population of 18,290 people, from which 82.3% are citizens. The ethnic composition of the population of Franklin Park, IL is composed of 9,349 White residents (51.1%), 8,109 Hispanic residents (44.3%), 568 Asian residents (3.11%), 207 Two+ residents (1.13%), and 43 Black residents (0.24%). The most common foreign languages in Franklin Park, IL are Spanish (6,644 speakers), Polish (2,147 speakers), and Tagalog (457 speakers), but compared to other places, Franklin Park, IL has a relative high number of Polish (2,147 speakers), Other Slavic (211 speakers), and Serbo-Croatian (137 speakers).

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Education

In 2015 universities in Leyden, Norwood Park (South) Townships & Chicago City--O'Hare PUMA, IL awarded 1,291 degrees. The student population of Leyden, Norwood Park (South) Townships & Chicago City--O'Hare PUMA, IL is skewed towards females, with 536 male students and 755 female students. Most students in Leyden, Norwood Park (South) Townships & Chicago City--O'Hare PUMA, IL are White (512 and 39.7%), followed by Hispanic or Latino (430 and 33.3%), Black or African American (177 and 13.7%), and Unknown (104 and 8.06%). The largest universities in Leyden, Norwood Park (South) Townships & Chicago City--O'Hare PUMA, IL by number of graduates are Triton College (1,146 and 88.8%), Westwood College-O'Hare Airport (117 and 9.1%), and Curve Metric School of Hair Design (28 and 2.17%). The most popular majors in Leyden, Norwood Park (South) Townships & Chicago City--O'Hare PUMA, IL are Liberal Arts & Sciences (226 and 17.5%), Biological & Physical Sciences (155 and 12%), and General Studies (110 and 8.52%). The median tuition costs in Leyden, Norwood Park (South) Townships & Chicago City--O'Hare PUMA, IL are N/A for private four year colleges, and N/A and N/A respectively, for public four year colleges for in-state students and out-of-state students.

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Housing & Living

The median property value in Franklin Park, IL is $171,300, which is 0.84 times smaller than the national average of $205,000. Between 2015 and 2016 the median property value increased from $170,400 to $171,300, a 0.53% increase. The homeownership rate of Franklin Park, IL is 73.2%, which is higher than the national average of 63.6%. People in Franklin Park, IL have an average commute time of 28.4 minutes, and they commute by Drove Alone. Car ownership in Franklin Park, IL is approximately the same as the national average, with an average of 2 cars per household.

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United States
nation
Illinois
state
Cook County, IL
county
Chicago-Naperville-Elgin, IL-IN-WI Metro Area
metropolitan statistical area
Cook County (West)--Leyden, Norwood Park (South) Townships & Chicago City--O'Hare PUMA
public use microdata area
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