Frankfort is a medium-sized village located in the state of Illinois. With a population of 20,907 people and five associated neighborhoods, Frankfort is the 121st largest community in Illinois. Much of the housing stock in Frankfort was built relatively recently. The construction of new real estate can often be taken as an indication that the local Frankfort economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in Frankfort, where the median household income is $153,714.00. Frankfort real estate is some of the most expensive in Illinois, although Frankfort house values don't compare to the most expensive real estate in the U.S.Frankfort is a decidedly white-collar village, with fully 87.14% of the workforce employed in white-collar jobs, well above the national average. Overall, Frankfort is a village of professionals, managers, and sales and office workers. There are especially a lot of people living in Frankfort who work in management occupations (16.52%), sales jobs (12.58%), and healthcare (10.92%). Also of interest is that Frankfort has more people living here who work in computers and math than 95% of the places in the US. Telecommuters are a relatively large percentage of the workforce: 19.44% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes. Frankfort is a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The village’s good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the community. Finally, Frankfort’s overall crime rate is lower than average for the country. One downside of living in Frankfort is that it can take a long time to commute to work. In Frankfort, the average commute to work is 33.65 minutes, which is quite a bit higher than the national average. On the other hand, local public transit is widely used in the village, so leaving the car at home and taking transit is often a viable alternative. Like elsewhere in America, most people in Frankfort use a private automobile to get to work. But notably, a substantial number of Frankfort‘s citizens do make use of public transit in their daily commute, primarily riding the train. This helps more people get to work with less air pollution, and require fewer highways to get them there.Do you like to read, write and learn? If you move to Frankfort, you'll likely find that many of your neighbors like to as well. Frankfort is one of the more educated communities in America, with a full 59.19% of its adults having a college degree or even advanced degree, compared to a national average across all communities of 21.84%. The per capita income in Frankfort in 2022 was $59,421, which is wealthy relative to Illinois and the nation. This equates to an annual income of $237,684 for a family of four. Frankfort is a very ethnically-diverse village. The people who call Frankfort home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Frankfort residents report their race to be White, followed by Black or African-American. Important ancestries of people in Frankfort include German, Irish, Polish, Italian, and English. The most common language spoken in Frankfort is English. Other important languages spoken here include Spanish and Arabic.