The Town FilesFrankfort Square, Illinois
Community in Will County · population 8,968 (2020 Census)
- Median home
- $305,800
- Household income
- $126,897
- Jan low / Jul high
- 15° / 84°
- Snow a year
- 28 in
- Tornadoes ≤10 mi since 1950
- 41
- Median age
- 42.3
Frankfort Square is a community of 8,968 people in Will County, Illinois. The median home is worth $305,800, above the typical Illinois town ($156,600). It ranks more of a college town than 99% of Illinois towns, better for families than 96% of Illinois towns, better for first-time buyers than 89% of Illinois towns.
How Frankfort Square ranks
Percentile among Illinois towns with at least 500 people on The Town Files lifestyle rankings. 50 is typical for the state; 90 means better than 90% of Illinois towns.
Homes and cost of living
The median home in Frankfort Square is worth $305,800, above the typical Illinois town ($156,600). Homes cost about 2.4 times the median household income of $126,897, which is more affordable than 42% of Illinois towns. Median rent is $1,622 a month. 95.2% of households own their home.
| Housing | Frankfort Square | Typical Illinois town |
|---|---|---|
| Median home value | $305,800 | $156,600 |
| Median rent | $1,622 | $960 |
| Median household income | $126,897 | $72,500 |
| Home value ÷ income | 2.4× | 2.2× |
| Homeownership | 95.2% | 76.6% |
| Median year built | 1984 | 1967 |
| Seasonal / vacation homes | 0.9% | — |
Who lives in Frankfort Square
| People | Frankfort Square | Typical Illinois town |
|---|---|---|
| Median age | 42.3 | 40.4 |
| Age 65 and over | 15.5% | 18.7% |
| Under 18 | 23.4% | — |
| Bachelor's degree or higher | 32.9% | 21.8% |
| Below the poverty line | 6.4% | 9.9% |
| Veterans | 5.9% | — |
| Born outside the U.S. | 6.3% | — |
| Work from home | 11.5% | 8.9% |
| Average commute | 28.0 min | 26.1 min |
| Homes with broadband | 99.2% | 90.4% |
Weather in Frankfort Square
July highs average 83.9°F and January lows 15.2°F. About 42.1 inches of rain and melted snow fall a year, with 28.2 inches of snow (typical Illinois town: 24.2 in). Expect about 16 days a year at 90°F or hotter and 126 nights at or below freezing.
Tornadoes, storms and disasters
41 tornadoes have passed within 10 miles of Frankfort Square since 1950, compared with 27 for the typical Illinois town. 13 rated (E)F2 or stronger. The strongest, an EF2, struck on July 15, 2024 about 1.5 miles from the town center. Tornadoes within 10 miles have caused 2 deaths and 114 injuries since 1950. The most recent was on July 27, 2026.
Hail of 1 inch or larger has been reported within 10 miles 78 times; the largest was 2.00 inches on May 7, 2024.
Severe weather in Will County since 1996
Will County has been included in 19 federal disaster or emergency declarations since 1953, most often for flood, tornado, hurricane.
| Declared | Incident | Declaration |
|---|---|---|
| September 20, 2024 | Flood | DR-4819: Severe Storms, Tornadoes, Straight-Line Winds, And Floodng |
| March 26, 2020 | Biological | DR-4489: Covid-19 Pandemic |
| March 13, 2020 | Biological | EM-3435: Covid-19 |
| November 26, 2013 | Tornado | DR-4157: Severe Storms, Straight-Line Winds, And Tornadoes |
| May 10, 2013 | Flood | DR-4116: Severe Storms, Straight-Line Winds, And Flooding |
Jobs and pay in Will County
Will County had 263,673 jobs in 2024, paying an average of $60,570 a year. Unemployment was 4.2% in 2023; in Frankfort Square itself the ACS puts it at 7.4%.
Towns near Frankfort Square
- Matteson, IL3.1 mi · 19,073 people · home $250,600
- Tinley Park, IL3.2 mi · 55,971 people · home $299,900
- Frankfort, IL3.7 mi · 20,296 people · home $481,200
- Mokena, IL3.9 mi · 19,887 people · home $401,400
- Richton Park, IL4.3 mi · 12,775 people · home $220,900
- Country Club Hills, IL4.9 mi · 16,775 people · home $192,000
- Orland Hills, IL5.2 mi · 6,893 people · home $280,300
- Olympia Fields, IL5.8 mi · 4,718 people · home $329,000
Frankfort Square questions
Is Frankfort Square, Illinois a good place to retire?
On The Town Files lifestyle rankings, Frankfort Square scores better for retirees than 11% of Illinois towns and quieter than 17%. 15.5% of residents are 65 or older (median age 42.3).
How much does a house cost in Frankfort Square?
The median owner-occupied home in Frankfort Square is valued at $305,800 (Census ACS 2020–2024), against a median household income of $126,897, so homes cost about 2.4 times income. Median rent is $1,622 a month.
What is the weather like in Frankfort Square?
July highs average 83.9°F and January lows 15.2°F (NOAA 1991–2020 normals). It gets about 42.1 inches of precipitation a year and 28.2 inches of snow.
Does Frankfort Square get tornadoes?
41 tornadoes have passed within 10 miles of Frankfort Square since 1950 (NOAA Storm Events); the strongest was an EF2 on July 15, 2024. The typical Illinois town has had 27.
- U.S. Census Bureau, American Community Survey 5-year estimates (2020–2024)
- U.S. Census Bureau, 2020 Census and 2025 Gazetteer (2020 / 2025)
- NOAA NCEI U.S. Climate Normals (1991–2020)
- NOAA NCEI Storm Events Database (1950–2026)
- FEMA OpenFEMA Disaster Declarations (this product uses the FEMA OpenFEMA API but is not endorsed by FEMA) (1953–2026)
- NCES Common Core of Data (2023–24)
- BLS Quarterly Census of Employment and Wages; USDA ERS county unemployment (BLS LAUS) (2000–2024)
- The Town Files lifestyle rankings, built from federal demographic, school, crime and housing data (2025)