Frankfort vs Elgin
| Frankfort | Elgin | |
|---|---|---|
| Population | 20,260 | 114,190 |
| Median Household Income | $154,375 | $90,282 |
| Median Home Value | $481,200 | $273,000 |
| Median Gross Rent | $2,442/mo | $1,361/mo |
| Homeownership Rate | 94.8% | 71.9% |
| Unemployment Rate | 4.1% | 6.1% |
| Bachelor's Degree or Higher | 59.3% | 27.0% |
| Median Age | 42.2 | 36.7 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.