Last updated: 2024 BLS data · Page refreshed:
Franklin Park has a population of 15,235 with a median age of 41.3. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 15,235 |
| Median Age | 41.3 |
| White | 79.1% |
| Black or African American | 1.6% |
| Asian | 13.8% |
| Hispanic or Latino | 2.7% |
| Other / Two or More Races | 2.8% |
The median household income in Franklin Park is $176,875, which is 119.4% above the national median of $80,610. The per capita income is $81,684. The poverty rate is 0.7%.
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In Franklin Park, 98.7% of residents age 25+ have a high school diploma or higher, and 77.1% hold a bachelor's degree or higher (35.8% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 98.7% |
| Bachelor's Degree or Higher | 77.1% |
| Graduate or Professional Degree | 35.8% |
The median home value in Franklin Park is $485,600, above the national median of $303,400. The median monthly rent is $2,330. The homeownership rate is 91.5%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $485,600 |
| Median Monthly Rent | $2,330 |
| Homeownership Rate | 91.5% |
| Vacancy Rate | 4.6% |
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