HomeIllinoisStephenson CountyFreeport
Freeport, Illinois: commercial real estate data.
Freeport is a Census city of 23,505 people across 11.87 square miles of land, in Stephenson County. Median household income is $51,723, 59.1 percent of occupied homes are owned, and the SBA record carries 18 7(a) approvals to borrowers here worth $7.0 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Freeport
What Freeport is
- Census place typecity
- Land area11.87 sq mi
- Water area0.01 sq mi
- Population per square mile of land1,981
- County holding the largest share of its areaStephenson 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.
Freeport
How many people live in Freeport
- Population23,505
- Median age42.8
- Population under 184,977
- Share under 1821.2 percent
- Population 65 and over5,652
- Share 65 and over24.0 percent
- Households10,841
- Family households5,780
- Share of households that are families53.3 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Freeport
Income and work in Freeport
- Median household income$51,723
- Per capita income$31,004
- Civilian labor force10,996
- Employed10,504
- Unemployed492 plus or minus 224
- Unemployment rate4.5 percent plus or minus 2.0
- Adults 25 and over16,590
- Adults 25 and over with a high school diploma or higher91.7 percent
- Adults 25 and over with a bachelor degree or higher19.0 percent
- Adults 25 and over with a graduate degree6.2 percent plus or minus 1.5
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Freeport
Housing in Freeport
- Housing units12,056
- Occupied units10,841
- Vacant units1,215
- Vacancy rate10.1 percent
- Owner occupied6,402
- Renter occupied4,439
- Ownership rate59.1 percent
- Median owner-occupied home value$92,100
- Median gross rent, monthly$793
- Annual rent as a share of median income18.4 percent
- Single family units8,604
- Share single family71.4 percent
- Units in buildings of two or more2,831
- Share in buildings of two or more23.5 percent
- Mobile homes621 plus or minus 211
- Median year structure built1957
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Freeport
How Freeport gets to work
- Workers 16 and over who commute9,405
- Commuting under 15 minutes6,075
- Share commuting under 15 minutes64.6 percent
- Commuting 30 minutes or more1,861
- Share commuting 30 minutes or more19.8 percent
- Drove alone74.4 percent
- Carpooled10.0 percent plus or minus 2.9
- Public transport1.0 percent plus or minus 0.7
- Walked2.5 percent plus or minus 1.1
- Worked from home10.1 percent plus or minus 2.4
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Freeport
SBA loans in Freeport (7(a))
- Approvals18
- Gross approval$7,016,100
- Average approval$389,783
- Median approval$45,000
- Largest approval$2,467,000
- Jobs supported65
- Jobs per approval3.6
- Loans with a final outcome4
- Paid in full4
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more16.7 percent
- Share to franchises27.8 percent
- Distinct lenders6
- Distinct industries by NAICS14
Counted by borrower city: approvals to borrowers whose address is in Freeport, in any county, FY2020 to FY2026. Only 4 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.
Freeport
SBA loans in Freeport (504)
- Approvals11
- Gross approval$7,043,000
- Average approval$640,273
- Median approval$408,000
- Largest approval$2,210,000
- Jobs supported96
- Loans with a final outcome1
- Charged off0
- Median term240 months
- Distinct CDCs3
Counted by borrower city: approvals to borrowers whose address is in Freeport, in any county, FY2010 to FY2026. Only 1 loan has 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.
Freeport
Flood risk in Freeport
- NFIP communityCity of Freeport
- NFIP community number170640
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date03/16/15
The City of Freeport participates in the National Flood Insurance Program as community 170640 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.
Stephenson County, not Freeport
Stephenson County context, not Freeport figures
- Establishments in Stephenson County1,003
- Covered employment, Stephenson County17,367
- Average annual pay, Stephenson County$55,932
- Housing units permitted, Stephenson County5
Every figure in this section is published for Stephenson County as a whole and is not a measurement of Freeport.
All Stephenson County figures →
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
Freeport questions, answered from the record.
How many people live in Freeport, Illinois?
23,505, in 10,841 households. Freeport city covers 11.87 square miles of land, which is 1,981 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Freeport in?
Stephenson 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 Freeport?
$51,723. The median owner-occupied home is valued at $92,100. Median gross rent is $793 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Freeport businesses?
18 7(a) approvals totaling $7.0 m since FY2020, across 6 lenders, median approval $45,000, plus 11 504 approvals worth $7.0 m since FY2010. These count approvals to borrowers whose address is in Freeport, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Freeport borrowers get paid back?
No rate is published for Freeport. Only 4 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 Freeport in the National Flood Insurance Program?
Yes. Freeport appears in the FEMA Community Status Book as Freeport, city of, community 170640, 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 Freeport figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Stephenson 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 Freeport.
Is zoning published for Freeport?
No. Nothing on this page presents parcel level zoning.
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