HomeIllinoisCook CountyFranklin Park
Franklin Park, Illinois: commercial real estate data.
Franklin Park 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 since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
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 loans in Franklin Park (7(a))
- Approvals64
- Gross approval$45,890,800
- Average approval$717,044
- Median approval$265,500
- Ninetieth percentile approval$2,070,000
- 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
Counted by borrower city: approvals to borrowers whose address is in Franklin Park, in any county, FY2020 to FY2026. Only 9 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Franklin Park
SBA loans in Franklin Park (504)
- Approvals32
- Gross approval$27,229,000
- Average approval$850,906
- Median approval$417,000
- Largest approval$4,454,000
- Jobs supported429
- Loans with a final outcome6
- Charged off0
- Median term300 months
- Distinct CDCs4
Counted by borrower city: approvals to borrowers whose address is in Franklin Park, in any county, FY2010 to FY2026. Only 6 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Franklin Park
Flood risk in Franklin Park
- NFIP communityVillage of Franklin Park
- NFIP community number170094
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date08/19/08
The Village of Franklin Park participates in the National Flood Insurance Program as community 170094 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Cook County, not Franklin Park
Cook County context, not Franklin Park figures
- Establishments in Cook County134,513
- Covered employment, Cook County2,565,567
- Average annual pay, Cook County$86,931
- Housing units permitted, Cook County6,507
Every figure in this section is published for Cook County as a whole and is not a measurement of Franklin Park.
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.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
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 totaling $45.9 m since FY2020, across 28 lenders, median approval $265,500, plus 32 504 approvals worth $27.2 m since FY2010. 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 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. 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 Franklin Park, village of, 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 labeled 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?
No. Nothing on this page presents parcel level zoning.