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    Neighborhoods/Illinois/Frankfort village

    Living in Frankfort village, IL

    A comprehensive, data-driven guide to life in Frankfort village. Housing costs, safety statistics, walkability, air quality, and neighborhood insights — all in one place.

    Population: 20,260

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    Frankfort village at a Glance

    Median Home Value

    $438,700

    Nat'l avg: $281,900

    Median Rent

    $1,354

    Nat'l avg: $1,163

    Violent Crime

    4.3 per 1K

    Nat'l avg: 3.7 per 1K

    Walk Score

    0/100

    Car-Dependent

    Median Income

    $157,615

    Nat'l avg: $74,580

    Air Quality

    AQI 43

    Good

    Climate Risk

    Relatively Moderate

    Score: 73.09645273685086

    Population

    20,260

    Housing & Cost of Living
    Median Home Value
    $438,700
    Median Rent
    $1,354
    Median Income
    $157,615
    Affordability Index
    218
    Homeownership Rate
    90.0%
    Electricity Rate
    15.0¢/kWh
    Est. Monthly Electric
    $135
    56% above nat'l avg
    16% above nat'l avg
    Safety & Crime
    Violent Crime
    4.3 per 1K
    Property Crime
    18.4 per 1K
    16% above nat'l avg
    5% above nat'l avg

    National Average: Violent crime 3.7 per 1K, Property crime 17.5 per 1K

    Walkability & Transportation
    Walk Score
    0/100
    Transit Score
    N/A
    Bike Score
    21/100
    100% below nat'l avg

    Car-Dependent

    N/A

    21

    Environment & Quality of Life
    Air Quality (AQI)
    43 — Good
    Climate Risk
    Relatively Moderate
    Noise Level
    Quiet
    Unemployment
    N/A
    Poverty Rate
    N/A
    Near nat'l avg
    Schools
    Total Schools
    2
    Elementary
    1
    Middle
    0
    High School
    1
    Student-Teacher Ratio
    15.2:1
    Free/Reduced Lunch
    23.1%
    Title I Schools
    0%

    Student Demographics

    About Frankfort village

    Frankfort, Illinois, is a suburban gem offering a truly enviable lifestyle, especially for families. Nestled in Will County, this village of just over 20,000 residents boasts a median household income of an impressive $157,615, more than double the national average, reflecting a community of high earners enjoying a premium quality of life. Despite this affluence, the housing market remains surprisingly accessible, with a median home value of $438,700, making it a compelling option compared to other affluent suburbs. The village's reputation as family-friendly is well-earned, with excellent schools, numerous parks, and a calendar packed with community events, creating a welcoming atmosphere for residents of all ages. From an investment perspective, Frankfort offers a stable and attractive real estate market. While specific unemployment data isn't available, the high median income suggests a robust local economy. The village's low crime rates contribute to a secure environment, making it ideal for families seeking safety and peace of mind. The strong community focus, coupled with the proximity to Chicago and other major employment centers, positions Frankfort as a desirable place to live and invest. Whether you're a young family seeking a starter home or an established professional looking for a long-term investment, Frankfort provides a unique blend of affordability, opportunity, and quality of life.

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