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MapMap ViewFranklin Grove, IL 61031 has a population of approximately 1,644 and experiences a population change rate of -6.06%. The population density is 35.5 / sq mi .
The median household income for Franklin Grove, IL 61031 is $54,531, with 639 households and an average household size of 2.57.
The median value of a home in Franklin Grove, IL 61031 is $132,900 with an appreciation rate of 14.10%. 64.18% of housing in the state is owned while 29.24% is rented.
The cost of living in Franklin Grove, IL 61031 is 78.6 %.
The unemployment rate in Franklin Grove, IL 61031 is 4.10%, and recent job growth is at -1.31%. Future job growth is projected at 21.87%.
The sales tax rate in Franklin Grove, IL 61031 is 7.75%, while the income tax rate is 4.95% .
School expenditures in Franklin Grove, IL 61031 are $22,130, and the school ratio is 15.6:1.
The average high temperature in July is 82.8 degrees, with an average low temperature in January of 11.8 degrees. The average rainfall is approximately 36.8 inches per year, with 26.2 inches of snow per year.
