Franklin Grove, Illinois ZIP Codes
1 ZIP codes | Population: 1,492 | Median Income: $75,446
About Franklin Grove, Illinois
Franklin Grove, Illinois encompasses 1 ZIP code serving a combined population of 1,492. The area's median household income is $75,446, with an average median home value of $136,700 and average monthly rent of $823.
Residents of Franklin Grove have an average education attainment rate of 28.2% holding a bachelor's degree or higher, and the area reports an average unemployment rate of 0.8%. The average median age across all ZIP codes is 49.9 years, reflecting the demographic composition of neighborhoods throughout the city. The strongest housing value currently appears in ZIP code 61031, where the home-value-to-income ratio sits at 1.81x.
Franklin Grove at a Glance
Neighborhood Highlights in Franklin Grove
All ZIP Codes in Franklin Grove, IL
| ZIP Code | Population | Median Income | Home Value | Median Rent |
|---|---|---|---|---|
| 61031 | 1,492 | $75,446 | $136,700 | $823 |
Nearby Cities in Illinois
Frequently Asked Questions
How many ZIP codes does Franklin Grove, Illinois have?
Franklin Grove, Illinois has 1 ZIP code, serving a combined population of 1,492. You can browse all of them in the table above to compare demographics across neighborhoods.
What is the median income in Franklin Grove, Illinois?
The average median household income across ZIP codes in Franklin Grove, Illinois is $75,446. Income levels vary by neighborhood -- compare individual ZIP codes in the table above to see the range.
What is the most expensive ZIP code in Franklin Grove?
The highest-income ZIP code in Franklin Grove is 61031, with a median household income of $75,446.
What is the most affordable neighborhood in Franklin Grove?
The most affordable ZIP code in Franklin Grove by median home value is 61031, with a median home value of $136,700.
Which ZIP code offers the best housing value in Franklin Grove?
61031 currently has the strongest home-value-to-income profile in Franklin Grove, with a ratio of 1.81x. Lower ratios suggest local incomes go further when buying a home.