Frankfort is a medium-sized village located in the state of Illinois. With a population of 18,653 people and five constituent neighborhoods, Frankfort is the 143rd largest community in Illinois.
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.
Frankfort is a decidedly white-collar village, with fully 85.04% of the workforce employed in white-collar jobs, well above the national average. 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 (16.61%), sales jobs (12.87%), and office and administrative support (11.34%).
Because of many things, Frankfort is a very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, Frankfort really has some of the features that families look for when choosing a good community to raise children. Is Frankfort perfect? Of course not, and if you like frenetic nightlife, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live.
One downside of living in Frankfort is that it can take a long time to commute to work. In Frankfort, the average commute to work is 32.49 minutes, which is quite a bit higher than the national average. On the other hand, local public transit is widely used in the village, so leaving the car at home and taking transit is often a viable alternative.
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.
If knowledge is power, Frankfort is a pretty powerful place. 53.92% of the adults in Frankfort have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in Frankfort in 2010 was $41,832, which is wealthy relative to Illinois and the nation. This equates to an annual income of $167,328 for a family of four.
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, Polish, Italian, and English.
The most common language spoken in Frankfort is English. Other important languages spoken here include Spanish and Chinese.