Frankfort is a village located in Will County, Illinois. Frankfort has a 2025 population of 21,301. Frankfort is currently growing at a rate of 0.93% annually and its population has increased by 4.85% since the most recent census, which recorded a population of 20,315 in 2020.
The average household income in Frankfort is $180,734 with a poverty rate of 4.42%.The median age in Frankfort is 41.8 years: 41.1 years for males, and 43 years for females.
Data after 2023 is projected based on recent change
The racial composition of Frankfort includes 79.34% White, 10.92% Black or African American, and smaller percentages for Asian, other race, Native American and multiracial populations.
Race | Population | Percentage (of total) |
---|---|---|
White | 16,198 | 79.34% |
Black or African American | 2,229 | 10.92% |
Two or more races | 1,275 | 6.24% |
Asian | 533 | 2.61% |
Other race | 159 | 0.78% |
Native American | 23 | 0.11% |
Married
Widowed
Divorced
Separated
Never Married
Frankfort's average per capita income is $84,167. Household income levels show a median of $153,714. The poverty rate stands at 4.42%.
Name | Median | Mean |
---|---|---|
Married Families | $182,162 | - |
Families | $168,963 | $197,202 |
Households | $153,714 | $180,734 |
Non Families | $60,101 | $86,976 |
Average Income
Median Household Income
Poverty Rate