Franklin Grove village, Illinois
CityPopulation: 1,086 (2023 estimate)
Census Bureau data for Franklin Grove village from the American Community Survey. "Cities" in Census data include incorporated places, towns, villages, and census-designated places (CDPs) — all places where the Census collects community-level estimates.
Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).
Quick Facts — Franklin Grove village
- What is the median household income in Franklin Grove village?
- The median household income in Franklin Grove village is $60,833 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
- What is the poverty rate in Franklin Grove village?
- The poverty rate in Franklin Grove village is 10.9% (U.S. Census Bureau ACS 2023).
- What is the median home value in Franklin Grove village?
- $136,800 (U.S. Census Bureau ACS 2023).
- What is the average rent in Franklin Grove village?
- The median gross rent in Franklin Grove village is $850 per month (U.S. Census Bureau ACS 2023).
- What percentage of Franklin Grove village residents have a college degree?
- 19.1% of adults in Franklin Grove village hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
1,086
Median Income
$60,833
Median Home Value
$136,800
Poverty Rate
10.9%
Unemployment (ACS 2023)
1.3%
Median Age
41.0 yrs
Since 2019
Median Income:
+$12,656 (+26.3%)
Home Value:
+$48,700 (+55.3%)
Poverty Rate:
+5.2 pp (+91.2%)
Bachelor's+:
+2.4 pp (+14.4%)
Unemployment:
-3.3 pp (-71.7%)
Demographics
Total Population
1,086
Median Age
41.0
Female
55.0%
Race & Ethnicity
Hispanic or Latino 12.6%
White (non-Hisp.) 82.2%
Black 0.4%
Asian 0.2%
Two or More 13.0%
Other 0.1%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Income & Poverty
Median Household Income
$60,833
±$17,632
-$20,869 vs. state
Per Capita Income
$88,807
Median Family Income
$93,235
Poverty Rate
10.9%
+2.7 pp vs. state
Child Poverty Rate
12.6%
Working-Age Poverty Rate
—
SNAP Recipients
17.7%
Social Security Income
—
Retirement Income
26.4%
Household Income Distribution
< $10k
9.7%
$10–15k
0.5%
$15–25k
10.8%
$25–35k
4.9%
$35–50k
8.5%
$50–75k
22.3%
$75–100k
16.9%
$100–150k
12.8%
$150–200k
9.2%
$200k+
4.4%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Housing
Total Housing Units
424
Owner-Occupied
66.2%
Renter-Occupied
33.8%
Vacancy Rate
8.0%
Median Home Value
$136,800
-$113,700 vs. state
Median Gross Rent
$850
Owner Cost Burden (30%+)
13.3%
Renter Cost Burden (30%+)
28.7%
Home Value Distribution
< $50k
2.7%
$50–100k
24.4%
$100–200k
30.2%
$200–300k
8.5%
$300–500k
1.6%
$500k–$1M
1.2%
Gross Rent Distribution
< $500
21.5%
$500–1k
43.1%
$1–1.5k
23.8%
$2.5–3.5k
1.5%
$3.5k+
10.0%
Vehicle Availability
No vehicle
9.2%
1 vehicle
26.2%
2 vehicles
43.1%
3+
21.5%
Housing Type
Single-fam. det.
75.7%
Single-fam. att.
0.5%
2–4 units
1.7%
20+ units
14.2%
Housing Age
Pre-1940
42.7%
1940–1969
9.2%
1970–1999
8.3%
2000–2009
0.7%
2010+
0.2%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Education
High School or Higher
90.9%
Bachelor's or Higher
19.1%
-18.1 pp vs. state
Graduate Degree
3.5%
Some College / Associate
20.8%
Less Than High School
2.7%
Enrolled in School
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Employment
Labor Force Participation
57.1%
Unemployment Rate
1.3%
-4.5 pp vs. state
Work from Home
3.4%
Self-Employed
5.7%
Government Workers
13.2%
Private For-Profit
81.1%
Industry
Manufacturing
23.4%
Edu/Health
20.8%
Retail
10.8%
Finance
9.1%
Transportation
8.3%
Agriculture
5.7%
Construction
5.1%
Public Admin
5.1%
Arts/Entmt.
3.8%
Prof. Services
3.4%
Wholesale
2.5%
Information
0.8%
Occupation
Management
37.4%
Production
23.4%
Sales
19.5%
Food Prep
11.0%
Construction
8.7%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Commute
Median Travel Time
28.5 min
Drove Alone
87.0%
Carpool
3.0%
Public Transit
0.0%
Work from Home
3.4%
Walked
0.0%
Bicycle
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Households & Families
Total Households
390
Avg. Household Size
2.00
Avg. Family Size
—
Married-Couple Households
45.1%
Single-Mother Households
—
Single-Father Households
—
Living Alone
—
Households with Children
22.8%
Multigenerational
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Age Distribution
Under 5
2.8%
5–9
9.5%
10–14
10.1%
15–19
4.0%
20–24
8.7%
25–34
8.1%
35–44
10.2%
45–54
9.9%
55–64
3.8%
65–74
5.2%
75–84
13.4%
85+
6.2%
Under 18: 24.9%
Working age (18–64): 75.1%
65 and over: 27.8%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Social Characteristics
Immigration
Foreign Born
2.3%
Naturalized Citizen
80.0%
Speaks English Less Than Very Well
1.7%
Foreign-Born Origin
Latin America
60.0%
Europe
20.0%
Africa
12.0%
Asia
8.0%
Veterans & Disability
Veteran
11.4%
With a Disability
14.2%
Cognitive Difficulty
—
Ambulatory Difficulty
—
Health Insurance
Insured
95.1%
Uninsured
4.9%
Employer Insurance
—
Medicaid
—
Medicare
—
Technology & Mobility
Broadband Internet
82.6%
Has a Computer
84.9%
Same House 1 Year Ago
82.1%
Moved from Abroad
0.0%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023