HomeIllinoisCook CountyFranklin Park village
Franklin Park village, Illinois: commercial real estate data.
Franklin Park village is a Census village of 18,197 people across 4.78 square miles of land, in Cook County. Median household income is $76,519, 75.1 percent of occupied homes are owned, and the SBA record carries 64 7(a) approvals to borrowers here worth $45.9 m.
80 sourced place values · tier FULL · 9 sections
Franklin Park
What Franklin Park is
- Census place typevillage
- Land area4.78 sq mi
- Water area0 sq mi
- Population per square mile of land3,809
- County holding the largest share of its areaCook County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Franklin Park
How many people live in Franklin Park
- Population18,197
- Median age38.3
- Population under 184,348
- Share under 1823.9 percent
- Population 65 and over2,114
- Share 65 and over11.6 percent
- Households6,007
- Family households4,383
- Share of households that are families73.0 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Franklin Park
Income and work in Franklin Park
- Median household income$76,519
- Per capita income$31,284
- Civilian labor force9,989
- Employed9,376
- Unemployed613 plus or minus 236
- Unemployment rate6.1 percent plus or minus 2.3
- Adults 25 and over11,938
- Adults 25 and over with a high school diploma or higher77.3 percent
- Adults 25 and over with a bachelor degree or higher19.7 percent
- Adults 25 and over with a graduate degree4.6 percent plus or minus 1.4
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Franklin Park
Housing in Franklin Park
- Housing units6,201
- Occupied units6,007
- Vacant units194 plus or minus 100
- Vacancy rate3.1 percent plus or minus 1.6
- Owner occupied4,511
- Renter occupied1,496
- Ownership rate75.1 percent
- Median owner-occupied home value$287,000
- Median gross rent, monthly$1,109
- Annual rent as a share of median income17.4 percent
- Single family units4,631
- Share single family74.7 percent
- Units in buildings of two or more1,500
- Share in buildings of two or more24.2 percent
- Mobile homes70 plus or minus 81
- Median year structure built1957
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Franklin Park
How Franklin Park gets to work
- Workers 16 and over who commute8,441
- Commuting under 15 minutes1,769 plus or minus 417
- Share commuting under 15 minutes21.0 percent plus or minus 4.6
- Commuting 30 minutes or more4,487
- Share commuting 30 minutes or more53.2 percent
- Drove alone75.1 percent
- Carpooled10.7 percent plus or minus 3.3
- Public transport1.6 percent plus or minus 0.8
- Walked3.4 percent plus or minus 1.9
- Worked from home7.4 percent plus or minus 2.5
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Franklin Park
SBA 7(a) lending to Franklin Park borrowers
- Approvals64
- Gross approval$45,890,800
- Average approval$717,044
- Median approval$275,000
- Ninetieth percentile approval$2,100,000
- Largest approval$4,300,000
- Jobs supported792
- Jobs per approval12.4
- Loans with a final outcome9
- Paid in full8
- Charged off1
- Median term120 months
- Share on real estate terms of 20 years or more23.4 percent
- Share to franchises6.3 percent
- Distinct lenders28
- Distinct industries by NAICS43
A charge-off rate is not published here. only 9 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Franklin Park
SBA 504 lending to Franklin Park borrowers
- Approvals32
- Gross approval$27,229,000
- Average approval$850,906
- Median approval$422,000
- Largest approval$4,454,000
- Jobs supported429
- Loans with a final outcome6
- Charged off0
- Median term300 months
- Distinct CDCs4
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Franklin Park
Flood programme status in Franklin Park
- Listed NFIP communities1
- Of those, participating1
- NFIP community number170094
- Currently effective map date08/19/08
This community carries no Community Rating System class, so no CRS premium discount applies to it.
FEMA, National Flood Insurance Program Community Status Book, Community Status Book, as retrieved.
Cook County, not Franklin Park
Cook County context, not Franklin Park figures
These are Cook County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Franklin Park measurements.
- Establishments in Cook County134,513
- Employment at those establishments, Cook County2,492,328
- Covered employment, Cook County2,565,567
- Average annual pay, Cook County$86,931
- Average weekly wage, Cook County$1,672
- Housing units permitted, Cook County6,507
- Of those, single family, Cook County1,142
- County product, 2024, Cook County$546,440,623,000
- County product change over the prior year, Cook County4.6 percent
- Average income of an arriving household, Cook County$91,691
Every figure in this section is published for Cook County as a whole and is not a measurement of Franklin Park. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Franklin Park questions, answered from the record.
How many people live in Franklin Park, Illinois?
18,197, in 6,007 households. Franklin Park village covers 4.78 square miles of land, which is 3,809 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Franklin Park in?
Cook County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Franklin Park?
$76,519. The median owner-occupied home is valued at $287,000. Median gross rent is $1,109 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Franklin Park businesses?
64 7(a) approvals totalling $45.9 m, across 28 lenders, median approval $275,000, plus 32 504 approvals worth $27.2 m. These count approvals to borrowers whose address is in Franklin Park, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Franklin Park borrowers get paid back?
No rate is published for Franklin Park. only 9 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Is Franklin Park in the National Flood Insurance Program?
Yes. Franklin Park appears in the FEMA Community Status Book as community 170094, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Franklin Park figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Cook County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Franklin Park.
Is zoning published for Franklin Park?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.