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Frankfort, IL - Aerial view of neighborhood and surrounding area
Comprehensive Data Report

Frankfort, IL

ZIP Code 60423

•

Will County

Population
32,596
Median Income
$134,640
Home Value
$367,400
Livability
79/100
Total Population
32,596
Median Household Income
$134,640
Median Home Value
$367,400
Median Rent
$1,416

Key Insights

What the data tells us about this area

Home values are 34% lower than the state average. More affordable housing options are available here.

89% owner-occupancy rate indicates a stable residential community with strong homeownership.

Quick Facts & Insights

Key metrics and how they compare

Household Income
$134,640
11% above state avg
Home Value
$367,400
34% below state avg
Rent
$1,416
43.7% below state avg
Population Density
32,596 residents
Median Age
42.5 years
Safety Score
69/100
Moderate safety

Livability Score

Overall quality of life rating based on key factors

Overall Livability
79
Good
Out of 100

Score Breakdown

Amenities
100/100
Cost of Living
100/100
Safety
69/100
Education
36/100
ℹ️ Hover for details
Employment
93/100
Housing
98/100
Weather
69/100

Data Sources & Accuracy

Official Government Data:Demographics and housing statistics are from the U.S. Census Bureau API (American Community Survey 5-Year Estimates). Weather and climate data comes from the National Oceanic and Atmospheric Administration (NOAA) API with official climate normals from the nearest weather station. Crime statistics are from the FBI Crime Data Explorer API, with county-level data when available, otherwise state-level official data.
Modeled Estimates:Schools and some economic indicators are currently modeled using statistical methods based on national averages and regional patterns. For critical decisions, verify with official sources:

Learn more about our data sources and methodology on our Data Sources page.

Location Map

Frankfort, IL 60423

Coordinates: 41.4517°, -87.8961°Open in Google Maps

Cost of Living

Compared to national average (100 = US average)

Overall Cost Index
84
Lower than avg
100 = US National Average

Cost Index by Category

Housing
62
Below avg
Transportation
96
Average
Healthcare
98
Average
Groceries
94
Average
Utilities
97
Average
Overall
84
Below avg

Economy & Employment

Job market and economic indicators

Labor Force
6,580,656,000
Employment Rate
95.6%
Avg. Commute
28 min
Work From Home
18%

Top Industries by Employment

Industry Breakdown

Healthcare & Social Assistance
19.5%
Professional Services
16.6%
Retail Trade
15.9%
Manufacturing
9.9%
Education
7%
Total Employed
6,288,161,000
Total Unemployed
292,495,000
Unemployment Rate
4.4%

Nearby ZIP Codes

Explore surrounding areas

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20.5 mi
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46321
21.5 mi
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46324
22.6 mi
Hammond, IN
46373
22.9 mi
Saint John, IN
46322
23.3 mi
Highland, IN
46375
23.7 mi
Schererville, IN
46327
23.8 mi
Hammond, IN
46323
24.7 mi
Hammond, IN

Demographics Overview

Comprehensive population statistics and demographic breakdown

Age Distribution

Population by age group

Household Income Distribution

Households by income bracket

Education Levels (Age 25+)

Highest education attained

Race & Ethnicity

Demographic composition

Median Age
42.5 years
Per Capita Income
$54,402
Poverty Rate
3.6%

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