Frankfort 68 Good
Frankfort Livability #434 ranked city in Illinois#8,996 ranked city in the USARanks better than 69% of areas

Pros and Cons of Living in Frankfort

PROS
  • Crime

    The crime rate is far lower than the national average per 100,000 residents. As such, it should be considered a very safe place to live when compared to other areas.

  • Employment

    This area excels in the employment category with a score well above average, primarily due to the higher median home income, per capita income and low unemployment rates.

  • Housing

    High scores in the housing category are attributed to this area, possibly pointing to a favorable home affordability ratio, robust appreciation rates or elevated home values.

  • Ratings

    Locals express favorable opinions about the proximity of everyday local amenities, parks, public transit, neighborly atmosphere, strong sense of community and the general safety of the area.

CONS
  • Amenities

    A large portion of amenities are not ideally situated within walking distance, potentially requiring residents to utilize a vehicle or public transportation.

  • Commute

    Access to public transportation in this particular area may be limited, which can result in longer-than-average commute times to reach workplaces.

  • Cost Of Living

    The cost of living in this area is notably high, making it a more expensive place to live. You'll find higher expenses for everyday goods and services, housing and groceries.

  • Health & Safety

    A low health and safety score may be attributed to factors such as subpar air quality and the unavailability of certain health-related facilities like hospitals, clinics, doctors and pharmacies.

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What's it like Living in Frankfort?

Located in the state of Illinois, Frankfort is a moderately-sized city with a population of 19,166 residents. According to the most recent Census, 85% of Frankfort residents are White, 7% Black and 3% Asian. Frankfort is known to be family friendly as more than 72% of the population has already tied the knot. It might also be worth noting that 49% of residents also have children under the age of 18. Something to be aware of when living in Frankfort are the above average commute times. If you're looking for a short commute to work, this might not be the right area for you. With one way commute time of 36 minutes, this comes in much higher than the national average of 26 minutes.

If you’re considering relocating to any new city, it could be a very discouraging task. However, it could also be a fulfilling experience if you are willing to get to know the town before actually living in Frankfort, Illinois. When searching for a new neighborhood, several key items should be considered. Safety is of utmost importance, ensuring a secure environment with low crime. Proximity to your workplace or school helps reduce commuting time and offers convenience. Access to amenities such as parks, grocery stores, and healthcare facilities enhances your daily life. Public transportation options contribute to easy mobility. A sense of community fosters a supportive and engaging environment. Lastly, the overall atmosphere should align with your desired lifestyle, ensuring a fulfilling living experience. Considering these items will guide you towards finding the perfect neighborhood that fits all your needs. To help you find the best places to live in and around Frankfort, AreaVibes has created a livability score using key metrics like amenities, education, housing and more.

Frankfort, IL receives 66 out of 100 for its livability score; this results in a ranking of #448 in Illinois and #10,024 in the USA. If we explore each of the categories on their own, we see that Frankfort ranks well for crime (A+), education (B) and housing (A+). Frankfort does not do well for the following: amenities (F) and cost of living (F). It might be a smart idea to take a closer look at each category to find out why.

Low violent crime rates (murder, rape, robbery, assault) provide a safer environment for residents, reducing the risk of personal harm, property theft or violence. Low crime can also lead to increased property values and desirability. With 44 crimes per 100,000 residents, Frankfort has a violent crime rate that is far below the national average.

Unemployment rates can vary significantly among cities, impacting job prospects, wage levels and the overall economic health of an area. In Frankfort, the unemployment rate stands at 2.44%, suggesting increased job opportunities and a heightened demand for workers. This scenario can lead to higher wages, as the demand for employees outpaces job availability. Importantly, a low unemployment rate often signifies a robust and flourishing local economy.

For home buyers, real estate will be the largest purchase they will ever make and it will also be their most valuable asset. For renters, the monthly rent paid on their Frankfort apartments will most likely be their largest expense. Based on tangible metrics like home and rental affordability and appreciation rates, housing in this area has received a score that is well above the average of every other US city. A thriving real estate market can also generate strong local economic activity and job creation.

Assuming that Frankfort meets all of your requirements like low crime rates, good schools and great local amenities, the next most important item to examine is the affordability of real estate in Frankfort. Everything else becomes a lot less important if it turns out that home prices in Frankfort are simply unattainable. Median real estate prices in Frankfort come in at $376,100, which is 115.2% higher than the Illinois average. The home price to income ratio compares the median home prices to the median household income. In Frankfort, the home price to income ratio is 2.7, which is 10% lower than the Illinois average.

Best Places to Live in and Around Frankfort

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Compare Frankfort, IL Livability

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      Frankfort transportation information

      Statistic Frankfort Illinois National
      Average one way commute36min29min26min
      Workers who drive to work81.2%73.4%76.4%
      Workers who carpool4.3%8.3%9.3%
      Workers who take public transit5.1%9.2%5.1%
      Workers who bicycle0.0%0.6%0.6%
      Workers who walk0.6%3.1%2.8%
      Working from home8.3%4.4%4.6%
      Source: The Frankfort, IL data and statistics displayed above are derived from the United States Census Bureau American Community Survey (ACS).