Franklin Grove, IL demographics:
population, income, and more
Franklin Grove population
How many people live in Franklin Grove
Franklin Grove is home to 988 residents, according to the most recent Census data. Gender-wise, 48.1% of Franklin Grove locals are male, and 51.9% are female.
Age demographics
The median age in Franklin Grove is 48, with the population distributed as follows: about 16.9% are children under 15, then 9.7% are in the 15 to 24 age group. Adults between 25 and 44 make up 18.4% of the population, while another 21.3% fall into the 45 to 64 bracket. Finally, around 33.7% are 65 or older.
Racial makeup
In Franklin Grove, 97.7% of the population are US-born citizens, while 1.8% have gained naturalized citizenship. At the same time, 0.5% of residents are non-citizens. As for race, 86.2% of locals are Caucasian, 0.8% are African American and 0.3% have Asian roots. There’s also a share of 12.4% that includes residents with two or more races.
Households in Franklin Grove
A peek inside Franklin Grove households
Franklin Grove has 385 households, with an average of 2 members in each. Of these, 60% are families, while the remaining 40% are made up of individuals living alone or with non-relatives, such as roommates.
Households stats
Housing in Franklin Grove
The housing landscape of Franklin Grove
Franklin Grove's housing consists of 416 units, with 78.8% being detached single-family homes ideal for those wanting space.
The age of buildings in Franklin Grove
In Franklin Grove, the median construction year is 1943. About 46.4% of homes were built before the 1940s, with another 11.1% going up by 1949. Most development happened in the second half of the 20th century.
Franklin Grove occupancy rates
Out of the 385 occupied housing units in Franklin Grove, 74% are owner-occupied, while 26% are lived in by tenants. Meanwhile, 7.5% of all homes on the local market sit vacant.
Franklin Grove housing costs
Housing costs in Franklin Grove come to a median of $827 per month, while tenants specifically pay a median gross rent of $800.
Education in Franklin Grove
Franklin Grove education at a glance
About 55.2% of the population in Franklin Grove went to high school, while 19.8% pursued college studies. Another 7.5% earned an associate degree and 12.4% hold a bachelor’s. Meanwhile, 3.9% went even further, earning a master’s or doctorate.
Income in Franklin Grove
How much people earn in Franklin Grove
The average annual household income in Franklin Grove was $80,413 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a -0.4% change from the previous year. At the same time, the median income stood at $58,618, reflecting a -3.6% shift over the same period.
Franklin Grove income by age
In Franklin Grove, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $105,714. Those with someone between 45 and 64 in charge, often well established professionally, earn $64,167 overall. Overall, 87.2% of the locals in this community live above the poverty line.
Average renter income in Franklin Grove
To get a better sense of what renters earn on average in Franklin Grove, their median household income was $43,083 according to 2022 Census data. In addition, the rent-to-income ratio in the area, at 22.3%, shows what portion of their earnings goes toward housing expenses.
Employment in Franklin Grove
Workforce and job types in Franklin Grove
The job market in Franklin Grove is powered by 408 working residents, spread across a range of industries and roles. 63.5% of the working population are employed in professional or administrative positions, while 36.5% are in hands-on or service-based jobs. Also, 10% run their own businesses, 65.7% are employed by private companies, and 14.2% work in the public sector.
Workforce demographics
Available workforce
The unemployment rate in Franklin Grove stands at 1.2%, representing the share of the workforce currently without a job and actively looking for one.
Transportation in Franklin Grove
How people get around in Franklin Grove
Commuting methods vary: 88.2% of residents travel by personal vehicle and 0.7% prefer to walk, while the remaining share relies on public transit or on two wheelers to get from A to B.
What is the median and average household income in Franklin Grove by zipcode?
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FAQs about Franklin Grove demographics
What is the total population of Franklin Grove?
What is the gender ratio in Franklin Grove?
- 48.1% males (475 residents)
- 51.9% females (513 residents)
What is the median age in Franklin Grove?
What is the age distribution of the population in Franklin Grove?
- Under 15: 16.9% (167 residents)
- Ages 15-24: 9.7% (96 residents)
- Ages 25-44: 18.4% (182 residents)
- Ages 45-64: 21.3% (210 residents)
- Over 65: 33.7% (333 residents)
What is the racial and ethnic makeup of Franklin Grove?
- White: 86.2% (852 residents)
- Black or African American: 0.8% (8 residents)
- American Indian and Alaska Native: 0% (0 residents)
- Asian: 0.3% (3 residents)
- Native Hawaiian and Other Pacific Islander: 0% (0 residents)
- Two or More Races: 12.4% (123 residents)
- Other: 0.2% (2 residents)
What percentage of the population in Franklin Grove are U.S.-born citizens?
How many housing units are there in Franklin Grove?
How many households are in Franklin Grove and what is the average household size?
What is the median household income in Franklin Grove?
What is the employment rate and job market overview for Franklin Grove?
Job types:
- White-collar workers: 63.5% (259 residents)
- Blue-collar workers: 36.5% (149 residents)
Places of employment:
- Self-employed: 10% (41 residents)
- Private companies: 65.7% (268 residents)
- Governmental workers: 14.2% (58 residents)
- Not-for-profit companies: 10% (41 residents)
Data source & methodology
The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.
The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.
No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.