Frankfort is a medium-sized village located in the state of Illinois. With a population of 20,677 people and five associated neighborhoods, Frankfort is the 121st largest community in Illinois. There's nothing like the smell of a brand new house, and in Frankfort, you'll find that a large proportion of houses were recently built. New growth in residential real estate is an indication that people are choosing to move to Frankfort, and putting down their money on brand new construction. Frankfort’s real estate is, on average, some of the newest in the nation. Frankfort does seem to be experiencing an influx of affluent people, because the median household income is $157,615.00. 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 87.17% 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 (16.45%), sales jobs (11.24%), and healthcare (10.24%). 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 18.72% 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. One downside of living in Frankfort is that it can take a long time to commute to work. In Frankfort, the average commute to work is 34.50 minutes, which is quite a bit higher than the national average. On the other hand, local public transit is widely used in the village, so leaving the car at home and taking transit is often a viable alternative. For the size of the village, public transportation in Frankfort is quite heavily used. Mostly, people who use it for their daily commute are taking the train. For Frankfort, the benefits are reduced air pollution and congestion on the highways.Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in Frankfort. 59.98% 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 $60,328, which is wealthy relative to Illinois and the nation. This equates to an annual income of $241,312 for a family of four. Frankfort is a somewhat 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, Italian, Polish, and English. The most common language spoken in Frankfort is English. Other important languages spoken here include Spanish and German/Yiddish.
