IL area data
Franklin grove, IL
Franklin grove, IL.
Population: 1,492 (Census ACS)
Home values & appreciation
- Median home value
- $201,034
- 1-year appreciation
- +15.6%
- 3-year appreciation
- +34.1%
- 5-year appreciation
- +42.3%
- 10-year appreciation
- +184.5%
- All-time peak (2026-07)
- $201,034
- House Price Index
- 325.3 (+6.1% YoY)
Market activity
- Median sale price
- $182,000
- Median list price
- $229,500
- Median days on market
- 29 days
- Sale-to-list ratio
- 90.2%
- Active listings
- 3
- 1-year forecast
- +2.2%
Rents
- 2-bedroom fair-market rent (HUD reference)
- $1,220/mo
- 3BR fair-market rent
- $1,586/mo
Affordability
- Cost of living index (Average)
- 97.3 (100 = US avg)
- Electricity rate (state-level)
- 17.7¢/kWh
- Natural gas rate (state-level)
- $11.30/MCF
- 30-year mortgage rate (national)
- 6.66%
- 15-year mortgage rate (national)
- 6.00%
Schools
- Total schools
- 1
- Elementary schools
- 1
- Middle schools
- 0
- High schools
- 0
Natural hazards & flood risk
- Overall hazard risk
- Relatively Low
- Top hazards
- strongWind, coldWave, drought, tornado
- FEMA flood zone
- X
- Flood risk level
- Minimal
Climate (30-year normals)
- Annual precipitation
- 41.8 in
Walkability & transit
- Walkability index
- 3.2 / 20
- Transit service frequency
- -99,999
Amenities
- Nearest airport
- Gittleson Farms Airport (3 mi)
- Nearest major airport
- Chicago Rockford International Airport (RFD) (27 mi)
- Hospitals nearby (~15 mi)
- 2
- Avg hospital rating
- 2.0 / 5
- EV charging stations (within 10 mi)
- 10
- Solar radiation rating
- Fair (3.9 kWh/m²/day)
Migration
- Net migration
- -68 tax filers
Housing stock
- Median year housing built
- 1,960
- Median annual property tax
- $2,385
- Mean commute to work
- 29 min
- Households with broadband internet
- 55.2%
Employment & development
- Total county employment
- 9,973
- Average weekly wage
- $1,036
- Top industries (by employment)
- Accommodation & Food, Wholesale Trade, Other Services
- Annual residential building permits (county)
- 27
Area data compiled from public government, academic, and industry research feeds. Data sources →
Data last updated
Most recent source refresh: Aug 2026. See all data sources →