Franklin Grove village: Median Household Income Trend
How Franklin Grove village's median household income changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.
2017
$46,875
2023
$60,833
Total change
+$13,958
% change
+29.8%
| Year | Median Household Income | Change |
|---|---|---|
| 2017 | $46,875 | — |
| 2019 | $48,177 | +$1,302 (2.8%) |
| 2020 | $46,080 | $2,097 (-4.4%) |
| 2021 | $50,302 | +$4,222 (9.2%) |
| 2022 | $55,278 | +$4,976 (9.9%) |
| 2023 | $60,833 | +$5,555 (10%) |