Frankfort Illinois Real Estate
Frankfort, Illinois, is located in Will County, 8 miles S of Orland Park, Illinois and 27 miles S of Chicago, Illinois. Frankfort has a population of 10,391.
Frankfort Homes
Frankfort properties pool is 3,420 residential properties including Frankfort new homes. Median age of real estate in Frankfort is 1983. Average Household size is 3.26 people. 1% are one bedroom homes, 10% are 2 bedroom homes, 43% are 3 bedroom homes, 36% are 4 bedroom homes, and 9% are 5+ bedroom homes.
Frankfort Mortgage Statistics
Frankfort mortgages vs. USA median statistics
| Homes |
Frankfort |
USA |
| Homes With No Mortgage |
22% |
30% |
| Homes With Mortgage |
78% |
70% |
| First Mortgage Only |
59% |
54% |
| First & Second Mortgage or HELOC |
19% |
16% |
Frankfort Area Real Estate Tax
Frankfort Real estate Tax: Median Real Estate Taxes (2000) were $5,173 comparing to 1999 Median Family income $ 89,645. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).
Frankfort School District: Children make up 28.7% of Frankfort population. Frankfort has 2,980 under 18 years old residents, or 0.62 kids per one worker, or 0.87 kids per one household.
Frankfort Real Estate & Frankfort Homeownership
There are 410.4 or 12% one person households, 1162.8 or 34% two person households, and 684 or 20% three person households in Frankfort, Illinois. Median residents age is 39.9, Senior citizens (65+) make up 1,064 or 10.2%% of Frankfort population.
There are 4,809 workers (over 16 years of age) in Frankfort. Of these, 86.32% drive to work. Approximately 6.88% of workers in Frankfort take public transportation. An estimated 1.16% walk to work.
Median Frankfort homeowner's housing expences are 20.8%
Crime in Frankfort (2003), crimes per 10,000 residents per year
| Type of Crime |
Frankfort |
USA, 2003 |
| Violent Crimes |
NaN |
47.5 |
| Robberies |
NaN |
14.2 |
| Aggravated Assaults |
NaN |
29.5 |
| Property Crimes |
NaN |
358.8 |
| Burglaries |
NaN |
74.0 |
| Larceny-Thefts |
NaN |
241.5 |
| Motor Vehicle Thefts |
NaN |
43.3 |
Invest in Frankfort Properties
When making a decision about buying real estate in Frankfort Illinois area, you should consider following statistical data:
| Category |
Frankfort |
USA |
| Near Medium City |
Orland Park, Illinois |
- |
| Near Large City |
Chicago, Illinois |
- |
| Frankfort Zip Codes |
60423 |
- |
| Frankfort Area Codes |
815 |
- |
| White population |
93.86% |
75.1% |
| African-American population |
2.48% |
12.3% |
| Asian |
2.13% |
3.6% |
| American Indian & Alaskan |
0.17% |
0.9% |
| Hispanic (of any race) |
2.31% |
12.5% |
| Median Family Income (1999) |
$ 89,645% |
$42,000 |
| Population Below Poverty Level |
2.26% |
12.4% |
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