HomeIllinoisWill CountyFrankfort Square CDP
Frankfort Square CDP, Illinois: commercial real estate data.
Frankfort Square CDP is a Census CDP of 9,560 people across 2.50 square miles of land, in Will County. Median household income is $126,897, 95.2 percent of occupied homes are owned.
50 sourced place values · tier FULL · 6 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Frankfort Square
What Frankfort Square is
- Census place typeCDP
- Land area2.5 sq mi
- Water area0 sq mi
- Population per square mile of land3,830
- County holding the largest share of its areaWill 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.
Frankfort Square
How many people live in Frankfort Square
- Population9,560
- Median age42.3
- Population under 182,235
- Share under 1823.4 percent
- Population 65 and over1,480 plus or minus 363
- Share 65 and over15.5 percent plus or minus 3.6
- Households3,206
- Family households2,817
- Share of households that are families87.9 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Frankfort Square
Income and work in Frankfort Square
- Median household income$126,897
- Per capita income$44,151
- Civilian labor force5,515
- Employed5,107
- Unemployed408 plus or minus 261
- Unemployment rate7.4 percent plus or minus 4.7
- Adults 25 and over6,428
- Adults 25 and over with a high school diploma or higher96.4 percent
- Adults 25 and over with a bachelor degree or higher32.9 percent
- Adults 25 and over with a graduate degree12.0 percent plus or minus 3.0
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Frankfort Square
Housing in Frankfort Square
- Housing units3,288
- Occupied units3,206
- Vacant units82 plus or minus 69
- Vacancy rate2.5 percent plus or minus 2.1
- Owner occupied3,051
- Renter occupied155 plus or minus 101
- Ownership rate95.2 percent
- Median owner-occupied home value$305,800
- Median gross rent, monthly$1,622
- Annual rent as a share of median income15.3 percent plus or minus 3.2
- Single family units3,145
- Share single family95.7 percent
- Units in buildings of two or more143 plus or minus 86
- Share in buildings of two or more4.3 percent plus or minus 2.6
- Mobile homes0
- Median year structure built1984
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Frankfort Square
How Frankfort Square gets to work
- Workers 16 and over who commute4,450
- Commuting under 15 minutes1,106 plus or minus 302
- Share commuting under 15 minutes24.9 percent plus or minus 6.2
- Commuting 30 minutes or more2,038
- Share commuting 30 minutes or more45.8 percent
- Drove alone75.8 percent
- Carpooled10.6 percent plus or minus 4.3
- Public transport0.6 percent plus or minus 0.6
- Walked0.6 percent plus or minus 0.6
- Worked from home11.5 percent plus or minus 3.3
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Will County, not Frankfort Square
Will County context, not Frankfort Square figures
These are Will County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Frankfort Square measurements.
- Establishments in Will County17,085
- Employment at those establishments, Will County267,545
- Covered employment, Will County263,673
- Average annual pay, Will County$60,570
- Average weekly wage, Will County$1,165
- Housing units permitted, Will County2,002
- Of those, single family, Will County1,464
- County product, 2024, Will County$50,332,938,000
- County product change over the prior year, Will County3.9 percent
- Average income of an arriving household, Will County$80,186
Every figure in this section is published for Will County as a whole and is not a measurement of Frankfort Square. 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.
- No SBA approvals are recorded to a borrower address in this place in either FOIA release.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- 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
Frankfort Square questions, answered from the record.
How many people live in Frankfort Square, Illinois?
9,560, in 3,206 households. Frankfort Square CDP covers 2.50 square miles of land, which is 3,830 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Frankfort Square in?
Will 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 Frankfort Square?
$126,897. The median owner-occupied home is valued at $305,800. Median gross rent is $1,622 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Are the county figures on this page Frankfort Square figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Will 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 Frankfort Square.
Is zoning published for Frankfort Square?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.