According to Forbes.com, Frankfort ranks as the 36th fastest growing suburb in the United States. By 2050, the Chicago Metropolitan Agency for Planning (CMAP) forecasts Frankfort's population to reach 31,997.
^Estimated
Population:
Drive Time's
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Year | Frankfort | Will County |
5 Minutes
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10 Minutes | 15 Minutes |
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1990 | 7,180 | 357,313 | 18,201 | 75,399 | 183,350 | |||||
2000 | 10,391 | 502,266 |
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2010 | 17,782 | 677,560 |
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2020 | 20,296 | 696,355 | ||||||||
2050* | 31,997 | 1,073,023 |
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^Estimated
*Projected (Source CMAP)
' From LaGrange & St. Francis Rds.
Mean/Median Household Income:
Frankfort: $146,686/$117,253
Will County: $91,602/$76,142
U.S.: $74,596/$53,482
(Source Frankfort - 2019 ESRI forecasts; Will County & U.S. 2010-2014 U.S. Census American Community Survey 5-Year Estimates)
Median Age:42.1
(Source 2019 ESRI forecasts)
Mean/Median Home Value:$413,458 / $386,154
(Source U.S. Census Bureau, Census 2010 Summary File 1)