Franklin Grove, Illinois Demographics & Population 2026

A note before these figures: with a population of 988, Franklin Grove's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.

Population Overview

Franklin Grove is a small community located in Illinois, within Lee County. The total population is 988. It ranks as the 702nd most populous out of 1,445 Census-designated places in Illinois.

Age Demographics

The median age in Franklin Grove is 47.8 years. This is 23% higher than the state median of 39.0 years. 18.0% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Franklin Grove is $58,618. This is 30% lower than the state median of $83,390. It is also 27% lower than the national median of $80,734. The poverty rate stands at 12.8%. This is 8% higher than the state poverty rate of 11.8%. The unemployment rate is 1.2%. This is 79% lower than the state rate of 5.8%. The median home value is $124,400. Housing costs are 53% lower than the state median of $263,300. With a home-value-to-income ratio of just 2.1x, Franklin Grove is one of the most affordable housing markets in the area. 74.0% of occupied housing units are owner-occupied. This homeownership rate is 10% higher than the state average of 67.1%.

Race & Ethnicity

The largest racial or ethnic group in Franklin Grove is White (non-Hispanic), making up 84.7% of the population. Hispanic or Latino residents account for 8.7%. The Black or African American population (0.8%) is well below the state average of 13.3%. The Hispanic or Latino population (8.7%) is well below the state average of 18.8%. The Asian population (0.3%) is well below the state average of 5.9%.

Education

17.2% of residents aged 25 and older hold a bachelor's degree or higher. This is 54% lower than the state rate of 37.9%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 89.4%.

Data Sources & Methodology

All demographic data for Franklin Grove, Illinois is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. 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. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.