Frankfort Square CDP, Illinois Demographics & Population 2026
As of 2026, Frankfort Square CDP, Illinois has a total population of 9,777, the 228th largest city in Illinois, with a median household income of $126,953, which is 55% higher than the state average. The poverty rate is 5.7%.
Key Takeaways
- Household income is 55% above the state average — one of the wealthiest communities in Illinois.
- Housing is very affordable with a home-value-to-income ratio of just 2.2x.
Frankfort Square CDP Quick Facts
How Frankfort Square CDP Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
Moderate diversity with one or two groups making up the majority.
State average: 60 | National average: 60
Education
Educational Attainment (Adults 25+)
Frankfort Square CDP Rankings in Illinois
Explore Illinois Rankings
Cities Similar to Frankfort Square CDP
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Mahomet village | 9,755 | $114,904 | $293,200 | 52.8% | 3.9% |
| Flossmoor village | 9,666 | $137,768 | $309,100 | 67.0% | 2.9% |
| Manhattan village | 10,315 | $128,375 | $314,400 | 35.9% | 3.3% |
| Winfield village | 9,982 | $143,102 | $363,400 | 59.9% | 2.5% |
| Itasca village | 9,525 | $111,898 | $375,600 | 53.1% | 1.8% |
Population Overview
Frankfort Square CDP is a small city located in Illinois. The total population is 9,777. It ranks as the 228th most populous out of 1,445 cities and towns in Illinois.
Age Demographics
The median age in Frankfort Square CDP is 40.2 years. This is 3% higher than the state median of 38.9 years.
Economy, Income & Housing
The median household income in Frankfort Square CDP is $126,953. This is 55% higher than the state median of $81,702. Compared to the national median of $78,538, household income here is 62% higher. The poverty rate stands at 5.7%. This is 51% lower than the state poverty rate of 11.7%. The unemployment rate is 7.3%. This is 27% higher than the state rate of 5.8%. The median home value is $282,100. Housing costs are 13% higher than the state median of $250,500. With a home-value-to-income ratio of just 2.2x, Frankfort Square CDP is one of the most affordable housing markets in the area. 93.2% of occupied housing units are owner-occupied. This homeownership rate is 39% higher than the state average of 66.8%.
Race & Ethnicity
The largest racial or ethnic group in Frankfort Square CDP is White (non-Hispanic), making up 69.6% of the population. Hispanic or Latino residents account for 12.1%. The Black or African American population (3.8%) is well below the state average of 13.6%. The Asian population (2.2%) is well below the state average of 5.8%.
Education
31.9% of residents aged 25 and older hold a bachelor's degree or higher. This is 14% lower than the state rate of 37.2%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 96.7%.
Data Sources & Methodology
All demographic data for Frankfort Square CDP, Illinois is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Illinois state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,445 Census-designated places in Illinois. For official data, visit data.census.gov.
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Frequently Asked Questions
What is the population of Frankfort Square CDP, Illinois?
Frankfort Square CDP, Illinois has a population of 9,777 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Frankfort Square CDP, IL?
The median household income in Frankfort Square CDP is $126,953, which is 62% higher the national median of $78,538.
What is the poverty rate in Frankfort Square CDP, IL?
The poverty rate in Frankfort Square CDP is 5.7%. This means approximately 556 residents live below the federal poverty line.
What is the racial makeup of Frankfort Square CDP, Illinois?
Frankfort Square CDP's population is 69.6% White, 3.8% Black, 12.1% Hispanic/Latino, and 2.2% Asian.
What is the median home value in Frankfort Square CDP, IL?
The median home value in Frankfort Square CDP is $282,100. The home-value-to-income ratio is 2.2x.
How educated is Frankfort Square CDP, Illinois?
31.9% of adults (25+) in Frankfort Square CDP hold a bachelor's degree or higher, and 10.5% hold a graduate or professional degree.