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IL area data

Franklin park, IL

Franklin park, IL.

Population: 18,054 (Census ACS)

Home values & appreciation

Median home value
$325,870
1-year appreciation
+5.9%
3-year appreciation
+17.1%
5-year appreciation
+30.5%
10-year appreciation
+87.8%
All-time peak (2026-07)
$325,870
House Price Index
325.3 (+6.1% YoY)

Market activity

Median sale price
$326,000
Median list price
$372,300
Median days on market
55 days
Sale-to-list ratio
100.0%
Active listings
31
1-year forecast
+2.4%
New listings (monthly)
15

Rents

Typical rent
$1,700/mo
1BR fair-market rent
$1,290/mo
3BR fair-market rent
$1,870/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
7
Elementary schools
4
Middle schools
1
High schools
1

Natural hazards & flood risk

Overall hazard risk
Very High
Top hazards
coldWave, heatWave, iceStorm, inlandFlooding, lightning
FEMA flood zone
AE
Flood risk level
High

Climate (30-year normals)

Average annual temperature
52.0°F
Average high
61.0°F
Average low
43.0°F
Annual precipitation
46.9 in
Annual snowfall
22.8 in

Air quality

Air quality rating
Moderate
Median AQI (annual)
57
Days with Good air quality
104
Days with Unhealthy air quality
5

Walkability & transit

Walkability index
18.0 / 20
Transit service frequency
406

Amenities

National parks within ~60 mi
2
Nearest national park
Pullman National Historical Park (22 mi)
Nearest airport
Chicago O'Hare International Airport (ORD) (3 mi)
Nearest major airport
Chicago O'Hare International Airport (ORD) (3 mi)
Hospitals nearby (~15 mi)
53
Avg hospital rating
3.0 / 5
EV charging stations (within 10 mi)
270
Solar radiation rating
Fair (3.8 kWh/m²/day)

Migration

Net migration
-29,533 tax filers

Housing stock

Median year housing built
1,957
Median annual property tax
$6,567
Mean commute to work
27 min
Households with broadband internet
77.9%

Employment & development

Total county employment
2,269,519
Average weekly wage
$1,625
Top industries (by employment)
Health Care, Professional Services, Accommodation & Food
Annual residential building permits (county)
987

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 →

Data compiled by REAIGENT7 — AI listing platform for real estate agents