Best PlacesFrankfort, IL Best Neighborhoods
2026–2027 edition · Data updated July 2026
Every neighborhood in and around Frankfort, scored on 40 measures of daily life and ranked to fit what matters to you. Local pay runs high here, and housing takes the biggest bite out of it. To work out which city fits you best, start with the best places to live tool.
Frankfort ranks 1,730th of 50,333 U.S. towns on the BestNeighborhood index. It scores highest on what local pay buys by a wide margin, and property taxes are the weak spot.
The best neighborhoods in Frankfort
BestNeighborhood is the only ranking that scores 40 measures of daily life neighborhood by neighborhood and lets you re-weight every one of them yourself.
Frankfort's strengths and weaknesses
Where Frankfort ranks high
- Cost of living vs incomeBetter than 98% of towns
- Voter turnoutBetter than 98% of towns
- Household income$148,383 median, better than 97% of towns
- Educational attainmentBetter than 97% of towns
- Big-city accessBetter than 97% of towns
Where Frankfort ranks low
- Low property taxBetter than only 1% of towns
- Low income/sales/gas taxBetter than only 3% of towns
- State fiscal healthBetter than only 4% of towns
- Cheap childcare$1,352 a month, better than only 7% of towns
- Air qualityBetter than only 10% of towns
What it costs to buy a home in Frankfort
A household needs to earn about $146,000 a year to comfortably buy the median Frankfort home, at 20% down and today's 30-year rate. That is below the area's own median income of $148,383, so a typical household can afford the median home outright.
Where the monthly payment goes
Assumes a 20% down payment, a 6.6% 30-year fixed rate, and a 28% share of income going to the payment. The rate is the 2026-07-23 30-year fixed average, series MORTGAGE30US from the St. Louis Fed, which publishes Freddie Mac's weekly survey. Against the median home value, property tax uses Frankfort's effective rate of 2.24%, and insurance is estimated at 0.4% of home value a year.
Renting versus buying
At today's prices and rents, renting stays cheaper than buying across the first 10 years here, so the case for buying rests on staying much longer or on prices rising faster than assumed. The chart tracks the running cost of each.
Who lives in Frankfort
Frankfort runs older than the country, and households here run larger than average.
Residents by age
Racial and ethnic makeup has its own map. See the race and diversity map for Frankfort.
Who works in Frankfort, and how
Work in Frankfort centers on health care & social and education. Unemployment is close to the national rate, and jobs are growing.
Largest industries
How people get to work
- Drive or carpool 73%
- Work from home 22%
- Transit, walk, or bike 6%
Life in Frankfort
Frankfort has more restaurants and bars per resident than 80% of towns and more parkland per resident than 86% of towns. Dining, parks, and nightlife concentrates in some parts of Frankfort and thins out in others, which the map shows.
What the weather is like in Frankfort, month by month
Frankfort sees roughly 79 pleasant days a year. July highs average about 84 degrees. January highs sit near 32, with lows near 20. The comfortable stretch runs May through September.
Show the monthly temperatures
| Month | Avg high | Avg | Avg low |
|---|---|---|---|
| January | 32° | 26° | 20° |
| April | 60° | 49° | 40° |
| July | 84° | 75° | 66° |
| October | 65° | 54° | 46° |
Flying in and out of Frankfort
Chicago Midway International sits about 21 miles away. It is a large hub and boarded 9.4 million passengers in 2025, with 113 nonstop destinations.
The best schools in and around Frankfort
Schools across Frankfort average an A−, better than 85% of towns.
Top elementary schools
- Chelsea Elem SchoolA · 66% proficient
- Dr Julian Rogus SchoolC+ · 38% proficient
- Talala Elementary SchoolF · 3% proficient
Top middle schools
- Hickory Creek Middle SchoolA+ · 77% proficient
- Summit Hill Junior High SchoolB− · 43% proficient
- Walker Intermediate SchoolC · 35% proficient
Top high schools
- Lincoln-way East High SchoolB · 50% proficient
- Peotone High SchoolD+ · 25% proficient
- Crete-monee High SchoolF · 11% proficient
Grades come from K-12 test scores, with scores projected for schools missing data. See every Frankfort school and its grade on SchoolGrade.
Frankfort measure by measure
Cards are ordered by how much each measure matters to you, so the ones you weighted highest come first. Expand to see every measure. Percentages compare Frankfort against the other 50,332 towns.
Who Frankfort suits
Remote workers
Cost of living against local pay beats 98% of towns, internet is fast and widely advertised, and 22% already work from home.
Common questions about living in Frankfort
Is Frankfort a good place to live?
Using BestNeighborhood's default rankings, Frankfort ranks 1,730th of 50,333 towns. It scores highest on what local pay buys, civic engagement, and high incomes, and lowest on property taxes and taxes. How good it is for you depends on which of those you weight most, which the map lets you set.
Is Frankfort expensive to live in?
The median home is worth $467,803. The overall cost of living runs about 1% above the national average. Set against a $148,383 median income, cost of living beats 98% of towns.
Is Frankfort safe?
Yes, Frankfort is safer than 72% of towns. Safety varies a lot by neighborhood. Crime costs an estimated $186 per resident a year.
What is the weather like in Frankfort?
July highs average about 84 degrees, and January highs near 32 with lows near 20. That works out to about 79 pleasant days a year, more than 44% of towns.
Is Frankfort good for families?
Schools beat 85% of towns, crime safety beats 72%, and childcare runs $1,352 a month.
Compare Frankfort with other towns
Sources and methodology
Every measure on this page is scored for each neighborhood, then rolled up to Frankfort. Scores are absolute rather than ranked, which means a 60 in Frankfort represents the same real quantity as a 60 anywhere else, and the ranking is a weighted average of those absolutes. The map colors come from a national scale calibrated against a population weighted random sample of 5,000 neighborhoods. That absolute scoring is what no other places-to-live ranking does: it puts a single neighborhood, a town, a metro, and a state on one scale, so the same 40 measures answer both which metro to move to and which street inside it to buy on. Read the full methodology.
Frankfort detail on BestNeighborhood maps:
- Walk Grade for Frankfort: walkability, transit, and biking, measured on the real street network rather than by straight line distance.
- Noise in Frankfort: road, rail, and aviation sound modeling calibrated against federal ground truth measurements.
- Conservative vs liberal map of Frankfort: precinct level election results apportioned to neighborhoods.
- Mobile and cell coverage in Frankfort: carrier by carrier coverage behind the cell score.
Frankfort detail on related sites:
- CrimeGrade: neighborhood crime rates behind the crime safety score.
- ISPreports.org: provider by provider internet availability and advertised speeds.
- CoverageWatch: the car insurance premiums behind the cheap car insurance score.
Federal and public data:
- U.S. Census Bureau American Community Survey: income, home value, rent, vacancy, commute time and mode, educational attainment, home age, age structure, household type, industry, and race.
- NOAA Global Surface Summary of the Day: the daily station record behind the monthly temperatures and the pleasant-day count.
- FAA Passenger Boarding Data: airport size and annual passenger counts.
- Freddie Mac Primary Mortgage Market Survey: the 30-year fixed rate used in the cost-to-buy estimate.
- FBI Crime Data Explorer: reported offenses behind the tangible crime cost estimate.
- U.S. EPA Air Quality System: five year average air quality index.
- FEMA National Risk Index: expected annual loss from natural hazards.
- CDC PLACES: disease burden, preventable risk, and barriers to care.
- National Center for Education Statistics: school enrollment and assessment inputs behind the school grade.
- FCC National Broadband Map: internet and wireless availability.
- U.S. Bureau of Labor Statistics: employment and job growth behind the local economy score.
- Religious activity uses a proprietary religious signal measurement.
Your priorities
Move a slider to say how much a measure matters. Zero turns it off.