Median Household Income
$58,618 ± $7,775
Median Home Value
$124,400 ± $12,493
Median Gross Rent
$800 ± $174/mo
Per Capita Income
$32,262
Poverty Rate
12.8%
Unemployment Rate
1.2%
Homeownership Rate
74.0%
Bachelor's Degree or Higher
17.2%
Median Age
47.8
Average Commute
26 min
Households
385
Veterans
83
Population Over Time
Franklin Grove shrank 19.8% from 2014 to 2024.
2014
1,232
2016
1,060
2018
955
2020
948
2022
1,102
2024
988
Population by Race & Ethnicity
White
86.2%
Hispanic or Latino
8.7%
Black or African American
0.8%
Asian
0.3%
Nearby Cities in Illinois
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024. Estimates carry a margin of error (shown as ±) inherent to ACS's sample-based methodology.