Demographics

Frankfort is approximately 16 square miles and its estimated population is 20,077. In addition to Frankfort residents, Frankfort's utility system serves nearly 20,000 more customers outside Village limits, including areas in Frankfort Square and portions of Tinley Park.

According to Forbes.com, the 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.

Population:

Year	Frankfort	Will County	Drive Time'	5 Minutes	10 Minutes	15 Minutes
1990	7,180	357,313		18,201	75,399	183,350
2000	10,391	502,266
2010	17,782	677,560
2019^	20,077
2050*	31,997	1,073,023

^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)

Download Frankfort Demographics Report March 2017

Link to US Census Bureau