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AREA INFORMATION

61031 (Franklin Grove, IL)

Explore the real estate in 61031 (Franklin Grove, IL)

Area Highlights

61031 (Franklin Grove, IL) residents have a median age of 47.1 years old, with employment highest in the healthcare support and production occupations industries.

1,594 Population

625 Households

$57,002 /yr
Median Household Income

$113,750
Median Home Sale Price

26m Median Commute Time

Most people in this area drive to work.

Area Map

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Median Age

Median age is the age that divides a population into two numerically equally sized groups; that is, half the people are younger than this age and half are older. It is a single index that summarizes the age distribution of a population.

LEGEND

  • 61+ years old
  • 51 to 60 years old
  • 41 to 50 years old
  • 31 to 40 years old
  • 21 to 30 years old
  • 11 to 20 years old
  • 0 to 10 years old

Median Home Price

The median sale price measures the “middle” price of homes that sold, meaning that half of the homes sold for a higher price and half sold for less.

LEGEND

  • $2,000,000+
  • $1,000,000 to $2,000,000
  • $800,000 to $1,000,000
  • $600,000 to $800,000
  • $400,000 to $600,000
  • $200,000 to $400,000
  • $0 to $200,000

Median Household Income

The median household income is the income amount that divides a population into two equal groups, half having a household income above that amount, and half having a household income below that amount.

LEGEND

  • $500,000+ per year
  • $250,000 to $500,000 per year
  • $150,000 to $250,000 per year
  • $100,000 to $150,000 per year
  • $75,000 to $100,000 per year
  • $50,000 to $75,000 per year
  • $0 to $50,000 per year

Family & Education

47.1 Median Age

Average Household Size

2.4
persons per
household

39.1%

Married Households

Community Population By Education

High School Graduate 42%
Some College 24%
Bachelors Degree 15%
Associates Degree 10%
Some High School 7%
Graduate Degree 3%
Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 41.88% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
24.5% of households have children

Area Schools

PK-6
0.6 MILES
B
Ashton-franklin Center Elementary School

Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area.

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Economics

$57,002 /yr
Median Household Income
$113,750
Median Sales Price
26 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $50-74,999k representing 15.37% of the households.

Transportation to Work

  • Drive 93%
  • Walk or Bike 5%
  • Work from Home 3%
  • Public Transit 0%

Occupancy by Type

Owned 460 65%
Rented 164 23%
Vacant 79 11%

White vs Blue Collar Jobs







White Collar 56%
Blue Collar 44%

Employment

Employees by Industry

Employees by Occupation

Demographics

Community Population By Age

The median age for this area is 47.1 years old. The smallest percentage group is 55-64 years and the largest percentage is the 0-5 years age range.

Community Population By Ethnicity

White 92%
Hispanic 4%
Other 2%
Asian <1%
Black <1%
Native American <1%
The most prevalent ethnicity is White at 92%, followed by Hispanic at 4%, Other at 2%, and Asian at <1%.

Crime & Pollution

Crime vs National Average

This location’s average annual crime rates compared to the national average. Index score (100=National Average)

Pollution vs National Average

This location’s average annual pollution rates compared to the national average. Index score (100=National Average)

Weather

85° July
Hottest Average Month
12° January
Coldest Average Month

Severe Weather

This location’s average annual severe weather events compared to the national average. Index score (100=National Average)

Average Temperature by Month

Low (°F)
High (°F)
Jan
12°
29°
Feb
16°
33°
Mar
26°
45°
Apr
37°
60°
May
48°
72°
Jun
58°
81°
Jul
62°
85°
Aug
60°
83°
Sep
52°
76°
Oct
40°
64°
Nov
29°
47°
Dec
17°
34°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

Listings in the Area

$159,900
For sale
1.3 acres

1319 IL Route 38
Franklin Grove, IL 61031

$119,900
For sale
3 beds • 1 baths • 1,165 sqft

217 W South Street
Franklin Grove, IL 61031

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Data powered by Attom Data Solutions. Copyright© 2024. Information deemed reliable but not guaranteed.

* Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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