Is Frankfort Township (Will County), IL growing?
Frankfort Township (Will County), IL had an estimated 60,045 (±35) residents in 2020–2024, against 59,321 in 2015–2019.
That is a change of +1.2%, a measurable increase.
Its housing went from 20,906 to 21,614 homes (+3.4%), a measurable increase.
0.9% of today’s homes were built in 2020 or later.
Figures last updated on .
- Residents now
- 60,045 (±35)
- Amount of change
- +1.2%
- Homes change
- +3.4%
- Built 2020 or later
- 0.9%
Residents and homes in Frankfort Township (Will County), 2015–2019 and 2020–2024
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 59,321 (±37) | 60,045 (±35) | +1.2% | Measurable increase |
| Housing units | 20,906 (±436) | 21,614 (±445) | +3.4% | Measurable increase |
| Households that rent | 8.3% (±1.1 points) | 6.9% (±1.2 points) | −1.4 percentage points | Not a measurable change |
| Median gross rent | $1,201 (±$104) | $1,449 (±$148) | +20.6% | No measurable change after inflation |
| Median home value | $309,900 (±$6,053) | $389,800 (±$9,896) | +25.8% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Growth in Frankfort Township (Will County) against Will County, its state and the nation
| Residents | Verdict | Housing units | |
|---|---|---|---|
| Frankfort Township (Will County) | +1.2% | Measurable increase | +3.4% |
| Will County | +1.8% | Measurable increase | +4.3% |
| Illinois | −0.6% | Measurable decrease | +1.8% |
| United States | +3.1% | Measurable increase | +4.6% |
A change in a place’s boundaries between the two periods (an annexation, say) changes its counts as well; the Census Bureau’s figures are for the place as it was drawn in each period.
New homes in Frankfort Township (Will County)
| Year built | Frankfort Township (Will County) | Will County | Illinois | United States |
|---|---|---|---|---|
| 2020 or later | 0.9% (±0.5 points) | 1.2% | 0.7% | 2.0% |
| 2010 to 2019 | 6.7% (±1.2 points) | 6.3% | 5.0% | 9.4% |
| 2000 to 2009 | 28.8% (±2.6 points) | 25.5% | 11.2% | 13.6% |
7.6% of the homes in Frankfort Township (Will County) were built in 2010 or later.
The median age of residents is 43.3 years.
Growth in places near Frankfort Township (Will County)
| Place | Distance | Residents now | Amount of change | Verdict |
|---|---|---|---|---|
| Frankfort Township (Will County) | — | 60,045 | +1.2% | Measurable increase |
| Frankfort | 1.3 mi | 20,651 | +8.7% | Measurable increase |
| Mokena | 2.0 mi | 20,021 | −3.2% | Not a measurable change |
| Frankfort Square | 2.3 mi | 9,560 | +9.0% | Not a measurable change |
| Tinley Park | 4.4 mi | 54,842 | −2.9% | Measurable decrease |
| Matteson | 5.2 mi | 18,645 | −3.8% | Measurable decrease |
| Orland Hills | 5.3 mi | 6,719 | −5.8% | Measurable decrease |
| Rich Township | 5.9 mi | 74,330 | −2.7% | Measurable decrease |
| Richton Park | 5.9 mi | 12,521 | −7.3% | Measurable decrease |
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Frankfort Township (Will County)
Is Frankfort Township (Will County) growing?
Frankfort Township (Will County), IL had an estimated 60,045 residents in 2020–2024 and 59,321 in 2015–2019, a change of +1.2%: a measurable increase by the Census Bureau’s test.
How many homes have been added in Frankfort Township (Will County)?
The estimated number of housing units went from 20,906 in 2015–2019 to 21,614 in 2020–2024 (+3.4%), a measurable increase.
How much new construction is there in Frankfort Township (Will County)?
0.9% of homes in Frankfort Township (Will County) were built in 2020 or later and 6.7% between 2010 and 2019.
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Frankfort township, Will County, Illinois
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Frankfort township, Will County, Illinois
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Frankfort township, Will County, Illinois
- Housing Units (B25001), 2015–2019 ACS 5-year estimates — Frankfort township, Will County, Illinois
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Frankfort township, Will County, Illinois
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Frankfort township, Will County, Illinois
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Frankfort township, Will County, Illinois
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Frankfort township, Will County, Illinois (county subdivision:27631, in state:17 county:197).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25001_001E, B25001_001M, DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0017PE, DP04_0017PM, DP04_0018PE, DP04_0018PM, DP05_0018E, DP05_0018M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
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- Fair Market Rent in Frankfort Township (Will County)
- Illinois landlord and tenant rules
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- Housing data for every place in Illinois