Franklin Park, IL demographics:
population, income, and more
Franklin Park population
How many people live in Franklin Park
Franklin Park is home to 18,197 residents, according to the most recent Census data. Gender-wise, 49% of Franklin Park locals are male, and 51% are female.
Age demographics
The median age in Franklin Park is 38, with the population distributed as follows: about 19.5% are children under 15, then 14.9% are in the 15 to 24 age group. Adults between 25 and 44 make up 26.2% of the population, while another 27.8% fall into the 45 to 64 bracket. Finally, around 11.6% are 65 or older.
Racial makeup
In Franklin Park, 63.8% of the population are US-born citizens, while 18.3% have gained naturalized citizenship. At the same time, 18% of residents are non-citizens. As for race, 39.2% of locals are Caucasian, 0.8% are African American and 2.3% have Asian roots. There’s also a share of 29.9% that includes residents with two or more races.
Households in Franklin Park
A peek inside Franklin Park households
Franklin Park has 6,007 households, with an average of 3 members in each. Of these, 73% are families, while the remaining 27% are made up of individuals living alone or with non-relatives, such as roommates.
Households stats
Housing in Franklin Park
The housing landscape of Franklin Park
Franklin Park's housing consists of 6,201 units, with 73.7% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 1% and offer a more compact, shared living style. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 1.1% of the housing landscape.
The age of buildings in Franklin Park
In Franklin Park, the median construction year is 1957. About 8.3% of homes were built before the 1940s, with another 17% going up by 1949. Most development happened in the second half of the 20th century. Then, 2.7% of homes were added from 2000 to 2009, 1% between 2010 and 2019, and 0.4% are part of the newest wave of development.
Franklin Park occupancy rates
Out of the 6,007 occupied housing units in Franklin Park, 75.1% are owner-occupied, while 24.9% are lived in by tenants. Meanwhile, 3.1% of all homes on the local market sit vacant.
Franklin Park housing costs
Housing costs in Franklin Park come to a median of $1,358 per month, while tenants specifically pay a median gross rent of $1,109.
Education in Franklin Park
Franklin Park education at a glance
About 43.5% of the population in Franklin Park went to high school, while 19.6% pursued college studies. Another 6% earned an associate degree and 14.9% hold a bachelor’s. Meanwhile, 4.1% went even further, earning a master’s or doctorate.
Income in Franklin Park
How much people earn in Franklin Park
The average annual household income in Franklin Park was $92,560 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +1.3% change from the previous year. At the same time, the median income stood at $76,519, reflecting a +0.7% shift over the same period.
Franklin Park income by age
In Franklin Park, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $79,388. Those with someone between 45 and 64 in charge, often well established professionally, earn $101,571 overall. Overall, 90.6% of the locals in this community live above the poverty line.
Average renter income in Franklin Park
To get a better sense of what renters earn on average in Franklin Park, their median household income was $38,274 according to 2022 Census data. In addition, the rent-to-income ratio in the area, at 34.8%, shows what portion of their earnings goes toward housing expenses.
Employment in Franklin Park
Workforce and job types in Franklin Park
The job market in Franklin Park is powered by 9,376 working residents, spread across a range of industries and roles. 63.4% of the working population are employed in professional or administrative positions, while 36.6% are in hands-on or service-based jobs. Also, 8.2% run their own businesses, 73.1% are employed by private companies, and 10.7% work in the public sector.
Workforce demographics
Available workforce
The unemployment rate in Franklin Park stands at 6.1%, representing the share of the workforce currently without a job and actively looking for one.
Transportation in Franklin Park
How people get around in Franklin Park
Commuting methods vary: 85.8% of residents travel by personal vehicle and 3.4% 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 Park by zipcode?
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FAQs about Franklin Park demographics
What is the total population of Franklin Park?
What is the gender ratio in Franklin Park?
- 49% males (8,910 residents)
- 51% females (9,287 residents)
What is the median age in Franklin Park?
What is the age distribution of the population in Franklin Park?
- Under 15: 19.5% (3,543 residents)
- Ages 15-24: 14.9% (2,716 residents)
- Ages 25-44: 26.2% (4,762 residents)
- Ages 45-64: 27.8% (5,062 residents)
- Over 65: 11.6% (2,114 residents)
What is the racial and ethnic makeup of Franklin Park?
- White: 39.2% (7,139 residents)
- Black or African American: 0.8% (142 residents)
- American Indian and Alaska Native: 1.6% (289 residents)
- Asian: 2.3% (422 residents)
- Native Hawaiian and Other Pacific Islander: 0% (0 residents)
- Two or More Races: 29.9% (5,448 residents)
- Other: 26.1% (4,757 residents)
What percentage of the population in Franklin Park are U.S.-born citizens?
How many housing units are there in Franklin Park?
How many households are in Franklin Park and what is the average household size?
What is the median household income in Franklin Park?
What is the employment rate and job market overview for Franklin Park?
Job types:
- White-collar workers: 63.4% (5,949 residents)
- Blue-collar workers: 36.6% (3,427 residents)
Places of employment:
- Self-employed: 8.2% (769 residents)
- Private companies: 73.1% (6,858 residents)
- Governmental workers: 10.7% (1,000 residents)
- Not-for-profit companies: 8% (749 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.