Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Franklin Grove, IL

Comprehensive demographics, housing data, local amenities, and economic statistics for Franklin Grove.

← Back to Franklin Grove Hub

Community Insights

Leading Industries
Retail · Construction
18% retail
Home Value Growth⬆⬆
+15.3% over 2 years
Retirees
24% of residents
slightly above average
Homeowners
86% of occupied units

People & Demographics

Total Population919
Households—
Under 18
21.0%
Age 18–34
22.0%
Age 35–64
33.0%
Age 65+
24.0%
Veterans
8.0%
Active Duty
0.0%

Housing & Living

Median Home Value$217,700
Median Gross Rent$830/mo
Owner Occupied
85.6%
Renter Occupied
14.4%
Detached Homes
—
Built Pre-1940
—

Economy & Income

Median Household Income$79,811
Poverty Rate—

Key Industries

Healthcare6.0%
Professional Services0.0%
Manufacturing0.0%
Retail18.0%
Education0.0%

Amenities & Transit

Transit Score28 / 100
Walkability / Amenities39 / 100
Commute < 15m
—
Commute 60m+
—

Education

High School Grad
—
Bachelor's Degree
19.0%
Master's or Higher
9.0%
School Enrollment
—

Frequently Asked Questions

What is the population and demographic makeup of Franklin Grove?›

The total population of Franklin Grove is approximately 919. The largest age group is 35-64 year olds. This demographic data is sourced from the U.S. Census Bureau.

Is Franklin Grove walkable and transit-friendly?›

Based on local geographic data, Franklin Grove has an amenity and walkability score of 39/100 and a transit score of 28/100. This indicates the area is mostly car-dependent for daily errands and commuting.

Do more people rent or own homes in Franklin Grove?›

The housing market in Franklin Grove is predominantly driven by homeowners, with 86% of housing units being owner-occupied and 14% being renter-occupied.

What is the education level of residents in Franklin Grove?›

In Franklin Grove, approximately 19% of adult residents hold a bachelor's degree or higher. Additionally, 9% of the population holds a master's degree or higher. This indicates the local educational attainment compared to state and national averages.