Smart Movers Club

    Moving to Frankfort, IL

    Is Frankfort a good place to live?

    Watch Frankfort

    Frankfort ranks #9 of 88 Illinois cities with 25,000+ people on the Smart Movers livability score (76/100), which weighs home affordability, unemployment, education and population growth. Population grew 0.8% in the latest Census year.

    Median home value
    $461,600
    +5.2% vs prior year
    Median rent
    $2,175
    per month
    Household income
    $153,714
    median
    Unemployment
    3.6%
    lower is better

    Cost of living in Frankfort

    The median home value in Frankfort is $461,600 and median rent is $2,175 a month, against a median household income of $153,714. Homes cost about 3.0× a year of income (under 3× is considered affordable).

    Frankfort crime rate

    City-level FBI figures vary by agency; across Illinois the 2025 rate was 258 violent and 1,556 property crimes per 100,000 people — #24 highest of 50 states. The full report breaks down local trends.

    Moving to Frankfort, IL

    Frankfort has about 20,417 residents, 3.6% unemployment and 34% of adults with a bachelor's degree or higher.

    Compare Frankfort with

    Frankfort vs ChicagoFrankfort vs AuroraFrankfort vs JolietFrankfort vs NapervilleFrankfort vs RockfordFrankfort vs ElginFrankfort vs SpringfieldFrankfort vs Peoria

    More: Where to move in Illinois · Best counties in Illinois

    Sources: U.S. Census Bureau ACS 5-year estimates (2023, compared with 2022); FBI Crime Data Explorer.

    Home listings, local news, migration, schools, resources and the Smart Movers Grade & Verdict.

    See the full Smart Movers Club report