Income & Economy in Frankfort village, IL (60423)
Median Income
$137,651
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+1,827
Wealth inflow
Population
32,813
Unemployment
5.2%
1.5pp above US avg
IRS migration statistics show a net inflow of about 1,827 for ZIP 60423 (Frankfort village, IL) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.
Historical Trends in 60423 (2020–Present)
Since 2020, population grew 4.7%, median income fell 1.6% (inflation-adjusted), home values increased 2.1%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $137,651 |
| Unemployment | 5.2% |
| Establishments | 1,122 |
| Employees | 12,744 |