Frankfort is a medium-sized village located in the state of Illinois. With a population of 18,857 people and five constituent neighborhoods, Frankfort is the 143rd largest community in Illinois. Frankfort has seen a significant amount of newer housing growth in recent years. Quite often, new home construction is the result of new residents moving in who are middle class or wealthier, attracted by jobs, a healthy local economy, or other amenities as they leave nearby or far away areas for greener pastures. This seems to be the case in Frankfort, where the median household income is $113,250.00.
Frankfort home prices are not only among the most expensive in Illinois, but Frankfort real estate also consistently ranks among the most expensive in America.
Unlike some villages where white-collar or blue-collar occupations dominate the local economy, Frankfort is neither predominantly one nor the other. Instead, it has a mixed workforce of both white- and blue-collar jobs. Overall, Frankfort is a village of professionals, managers, and sales and office workers. There are especially a lot of people living in Frankfort who work in management occupations (17.03%), sales jobs (11.99%), and office and administrative support (10.19%).
Also of interest is that Frankfort has more people living here who work in computers and math than 95% of the places in the US.
Frankfort is a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The village’s good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the community. Finally, Frankfort’s overall crime rate is lower than average for the country.
In Frankfort, however, the average commute to work is quite long. On average, people spend 32.94 minutes each day getting to work, which is significantly higher than the national average. One bright side is that local public transit is widely used, so it may be an option to avoid the headache of driving in the heavy traffic by leaving the car at home and taking transit.
Despite being a small village, Frankfort has a lot of people using the train to get to and from work every day. Most of these people on the train are using it to get to good jobs in other cities.
Do you like to read, write and learn? If you move to Frankfort, you'll likely find that many of your neighbors like to as well. Frankfort is one of the more educated communities in America, with a full 55.88% of its adults having a college degree or even advanced degree, compared to a national average across all communities of 21.84%.
The per capita income in Frankfort in 2010 was $46,905, which is wealthy relative to Illinois and the nation. This equates to an annual income of $187,620 for a family of four.
Frankfort is a somewhat ethnically-diverse village. The people who call Frankfort home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Frankfort residents report their race to be White, followed by Black or African-American. Important ancestries of people in Frankfort include Irish, Italian, Polish, and English.
The most common language spoken in Frankfort is English. Other important languages spoken here include Spanish and Langs. of India.