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Franklin Park Illinois Real Estate By Jennifer Hershey

Franklin Park Illinois Real Estate

Franklin Park, Illinois, is located in Du Page County, 5 miles NW of Oak Park, Illinois and 11 miles NW of Chicago, Illinois. Franklin Park has a population of 19,434.

Franklin Park Homes

Franklin Park properties pool is 6,495 residential properties including Franklin Park new homes. Median age of real estate in Franklin Park is 1955. Average Household size is 3.52 people. 1% are one bedroom homes, 27% are 2 bedroom homes, 55% are 3 bedroom homes, 12% are 4 bedroom homes, and 4% are 5+ bedroom homes.

Franklin Park Mortgage Statistics

Franklin Park mortgages vs. USA median statistics

Homes Franklin Park USA
Homes With No Mortgage 36%
30%
Homes With Mortgage 64%
70%
First Mortgage Only 50%
54%
First & Second Mortgage or HELOC 15%
16%

Franklin Park Area Real Estate Tax

Franklin Park Real estate Tax: Median Real Estate Taxes (2000) were $2,156 comparing to 1999 Median Family income $ 54,433. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

Franklin Park School District: Children make up 26.1% of Franklin Park population. Franklin Park has 5,067 under 18 years old residents, or 0.59 kids per one worker, or 0.78 kids per one household.

Franklin Park Real Estate & Franklin Park Homeownership

There are 1428.9 or 22% one person households, 1688.7 or 26% two person households, and 1104.15 or 17% three person households in Franklin Park, Illinois. Median residents age is 33.9, Senior citizens (65+) make up 2,590 or 13.3%% of Franklin Park population.

There are 8,543 workers (over 16 years of age) in Franklin Park. Of these, 90.51% drive to work. Approximately 4.87% of workers in Franklin Park take public transportation. An estimated 3.11% walk to work.

Median Franklin Park homeowner's housing expences are 20.2%

Crime in Franklin Park (2003), crimes per 10,000 residents per year

Type of Crime Franklin Park 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 Franklin Park Properties

When making a decision about buying real estate in Franklin Park Illinois area, you should consider following statistical data:

Category Franklin Park USA
Near Medium City
Oak Park, Illinois
-
Near Large City
Chicago, Illinois
-
Franklin Park Zip Codes
60131
-
Franklin Park Area Codes
847
-
White population
79.25%
75.1%
African-American population
0.76%
12.3%
Asian
2.48%
3.6%
American Indian & Alaskan
0.29%
0.9%
Hispanic (of any race)
38.07%
12.5%
Median Family Income (1999)
$ 54,433%
$42,000
Population Below Poverty Level
7.06%
12.4%

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See Also:

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Bartonville Illinois Real Estate
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Belvidere Illinois Real Estate
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