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Learn about the people, housing, costs and businesses in Frankfort Square, Illinois
Real local data across mortgage, insurance, natural hazard, and place.
FHA, VA, Conventional & Jumbo · Purchase & Refi rates in Frankfort Square.
True all-in cost — P&I, taxes, insurance & utilities for homes in Frankfort Square.
Find and compare lenders active near Frankfort Square.
FEMA flood zones and flood insurance estimates for Frankfort Square.
Seismic risk and earthquake insurance estimates for Frankfort Square.
Wildfire exposure and insurance estimates for Frankfort Square.
As of today, the 30-year fixed mortgage rate for Frankfort Square is approximately 6.983% (6.992% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.
View current rates for Frankfort SquareThe median home value in Frankfort Square is $316k. The median monthly rent is $1,570. Annual property taxes average $7k. Home values are based on U.S. Census Bureau American Community Survey estimates.
Home values in Frankfort Square have increased 15.4% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.
Based on a typical all-in ownership cost of $1,794/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $77k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Frankfort Square is $132k/year.
Calculate your buying powerThe largest employment sectors in Frankfort Square are public administration (21%) and retail (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.