IL landscape

61031

Franklin Grove, IL

Total Population
1,745
Median Household Income
$72,639
Median Home Value
$126,500
Median Rent
$817

Quick Facts & Insights

Key metrics and how they compare

Household Income
$72,639
100.4% above state median
Home Value
$126,500
100.7% above state median
Rent
$817
100% above state median
Median Age
42.7 years

Data Sources & Accuracy

U.S. Census Bureau:Population, age, income, education, employment, and housing characteristics are from the American Community Survey (ACS) 5-Year Estimates (2018–2022 release).
Zillow (ZHVI):Typical home values reflect the Zillow Home Value Index (smoothed, seasonally adjusted), published monthly.

Estimates carry a margin of error and describe the ZIP-code area as a whole, not any individual property or block. See our methodology and data sources for details, or report a problem on our corrections page.

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Location Map

Franklin Grove, IL 61031

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Demographics Overview

Population statistics from the U.S. Census Bureau (ACS 5-year estimates)

Key Demographic Insightsfor Franklin Grove, IL

Median household income is 100% below state average, suggesting more affordable cost of living.

Strong job market with unemployment rate of 1.2%, below national average.

Low poverty rate of 5.6%, well below national average.

Insights are derived from US Census Bureau data and may not reflect recent changes.

Household Income Distribution

Local Median Income
$72,639
-3.3% vs US
vs State Median
+-100.4%
State: $-20,593,227
Income Distribution
30.8%
Under $50k
18.5%
Over $100k
Lower Income
Middle Income
Higher Income
Data from US Census Bureau ACS 5-Year Estimates

Age Distribution

Population by age group

Household Income Breakdown

Households by income bracket

Education Levels (Age 25+)

Highest education attained

Race & Ethnicity

Demographic composition

Households & Employment

Household Types

Family composition breakdown

Average Household Size: 2.65 people

Total Households
620
Family Households
43.7%

Employment by Industry

Where residents work

#1 Industry
Manufacturing
42.2%
#2 Industry
Education
21.5%
#3 Industry
Construction
12.2%
Total Employed Residents:427

Commute Patterns

How residents get to work

Short Commute
3.4%
Under 10 minutes
Long Commute
0.8%
Over 60 minutes
Work From Home
2.1%
15 workers
Public Transit
0.0%
0 workers
Total Commuting Workers:709
Commute Insights
0

Labor Force Statistics

Employment Rate
98.8%
752 employed
Labor Force
761
9 unemployed
Median Age
42.7 years
Per Capita Income
$29,703
Poverty Rate
5.6%

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