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. There's nothing like the smell of a brand new house, and in Frankfort, you'll find that a large proportion of houses were recently built. New growth in residential real estate is an indication that people are choosing to move to Frankfort, and putting down their money on brand new construction. Frankfort’s real estate is, on average, some of the newest in the nation. Frankfort does seem to be experiencing an influx of affluent people, because 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, Frankfort isn’t mainly white- or blue-collar. Instead, the most prevalent occupations for people in Frankfort are a mix 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.
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, however, is that residents on average have to contend with a long commute, spending on average 32.94 minutes every day commuting to work. However, local public transit is widely used. For those who would prefer to avoid driving entirely and leave their car at home, it may be an option to use the transit instead.
In Frankfort, a lot of people use the train to get to work every day though Frankfort is a relatively small village. Those that ride the train are primarily traveling out of town to good jobs in other cities.
If knowledge is power, Frankfort is a pretty powerful place. 55.88% 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 $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.