🇺🇸 United States ZIP Code

STANDARD

60423

Frankfort

ZIP Code 60423 is a standard zip code serving Frankfort, Frankfort, Illinois (IL), in Will County, United States. It has an estimated population of 30,423 with a median household income of $95,667. The area falls within the America/Chicago timezone.

Median Household Income vs. National Average

Location

Country: 🇺🇸 United States
State / Province: Illinois (IL)
County: Will
City: Frankfort
Timezone: America/Chicago

Coordinates

Latitude: 41.509400
Longitude: -87.824800

Geographic Details

Land Area: 36.46 mi²
Population Density: 834.0 people per mi² (75th percentile)
Bounding Box: 41.536735°N, 41.411599°S, -87.770991°E, -87.907446°W

With 30,423 residents spread across 36.46 square miles, this area has a population density of 834.0 people per square mile.

Demographics

30,423

Population

90th percentile

$95,667

Median Income

95th percentile

$292,600

Median Home Value

85th percentile

36.46 mi²

Land Area

The median household income in 60423 is $95,667, and the median home value is $292,600. This places the area in the top 25% nationally for household income.

Housing

10,540

Total Units

10,136

Occupied Units

96.2%

Occupancy Rate

Similar ZIP Codes in Illinois

ZIP codes with similar median household income in Illinois.

61547

Mapleton

$82,868

60611

Chicago

$85,642

60601

Chicago

$95,556

60177

South Elgin

$85,642

60523

Oak Brook

$96,591

60044

Lake Bluff

$92,861

60126

Elmhurst

$93,308

60447

Minooka

$81,325

Frequently Asked Questions

What information is available for each ZIP code?

Each ZIP code page shows city, state, county, geographic coordinates, timezone, population, median household income, median home value, housing units, land area, population density, commute time, educational attainment, area codes, and ZIP code type (Standard, PO Box, or Unique).

What are the different types of ZIP codes?

There are three types of ZIP codes: Standard (residential and commercial delivery areas), PO Box (assigned to post office box sections), and Unique (assigned to a single high-volume address like a government agency or large company). Standard ZIP codes are the most common.

How often is ZIP code data updated?

ZIP code assignments are updated quarterly by the USPS. Demographic data comes from the US Census Bureau's American Community Survey (ACS), which releases new 5-year estimates annually. ZipFYI updates its data to reflect the latest available information.

What is population density and why does it matter?

Population density measures the number of people per square mile in a ZIP code area. It helps identify urban vs. rural areas, affects real estate values, impacts service availability, and is used in market analysis. Dense urban ZIP codes may have 50,000+ people per square mile.

How are ZIP code boundaries determined?

ZIP code boundaries are determined by the USPS based on mail delivery routes, not political or geographic boundaries. They follow carrier routes and may cross city, county, or even state lines. Boundaries can change when the USPS reorganizes delivery operations.

What does median household income tell me about a ZIP code?

Median household income is the middle value when all household incomes in a ZIP code are sorted. Half of households earn more and half earn less. It is a better indicator of typical earnings than average income, which can be skewed by very high or very low outliers.