Frankfort is a medium-sized village located in the state of Illinois. With a population of 21,160 people and five associated neighborhoods, Frankfort is the 121st largest community in Illinois. Frankfort has seen a significant amount of newer housing growth in recent years. Quite often, new home construction is the result of new residents moving in who are middle class or wealthier, attracted by jobs, a healthy local economy, or other amenities as they leave nearby or far away areas for greener pastures. This seems to be the case in Frankfort, where the median household income is $154,375.00. Frankfort real estate is some of the most expensive in Illinois, although Frankfort house values don't compare to the most expensive real estate in the U.S.Frankfort is a decidedly white-collar village, with fully 87.79% of the workforce employed in white-collar jobs, well above the national average. Overall, Frankfort is a village of professionals, managers, and sales and office workers. There are especially a lot of people living in Frankfort who work in management occupations (20.27%), sales jobs (10.95%), and healthcare (9.83%). Also of interest is that Frankfort has more people living here who work in computers and math than 95% of the places in the US. A relatively large number of people in Frankfort telecommute to their jobs. Overall, about 23.56% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes. Frankfort is a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The village’s good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the community. Finally, Frankfort’s overall crime rate is lower than average for the country. In Frankfort, however, the average commute to work is quite long. On average, people spend 34.34 minutes each day getting to work, which is significantly higher than the national average. Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in Frankfort. 59.33% of adults here have a 4-year degree or graduate degree, whereas the national average for all cities and towns is just 21.84%. The per capita income in Frankfort in 2022 was $62,793, which is wealthy relative to Illinois and the nation. This equates to an annual income of $251,172 for a family of four. Frankfort is a very ethnically-diverse village. The people who call Frankfort home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Frankfort residents report their race to be White, followed by Black or African-American. Important ancestries of people in Frankfort include German, Irish, Polish, Italian, and English. The most common language spoken in Frankfort is English. Other important languages spoken here include Spanish and French.
