Introduction
Living in Frankfort, Will County, Illinois, offers a combination of a safe suburban environment, quality education, and community engagement, making it an appealing choice for families and professionals.
Pros and Cons of Living in Frankfort, Will County, IL
Frankfort is characterized by its suburban charm, featuring a strong sense of community, excellent schools, and low crime rates, making it particularly attractive for families. The median home price is approximately $400,000, reflecting the desirability of the area. However, residents encounter challenges such as limited public transportation options, which can restrict mobility for those without personal vehicles. Additionally, the relatively high property tax rate of about 2.2% of the assessed property value can be a financial consideration for potential homeowners.
Quality of Life and Cost of Living in Frankfort, IL
The quality of life in Frankfort is notably high, supported by a median household income of around $100,000, which allows residents to enjoy a comfortable lifestyle. The cost of living index stands at roughly 115, indicating that it is higher than the national average but comparable to other nearby Chicago suburbs. This balance ensures that families can find a safe and welcoming environment while still having access to urban amenities and cultural activities.
History of Frankfort, Will County, IL
Established in the 1830s as a farming community, Frankfort has undergone significant evolution since its incorporation in 1893. The village’s rich cultural heritage is evident in its historic sites, particularly the Frankfort Historic District, which features architectural styles dating back to the 19th century. Over the years, Frankfort has transformed into a vibrant suburban area while maintaining its historical charm, reflecting the broader trends of growth and suburbanization in the Chicago metropolitan region.
Education and Employment Opportunities in Frankfort, IL
Frankfort is home to well-regarded educational institutions, including Frankfort School District 157-C and Lincoln-Way Community High School District 210, which contribute to the area’s reputation for quality education. The employment landscape is robust, with a low unemployment rate of about 4%. Major employers in the area include local government, healthcare facilities, and various retail businesses, offering residents a diverse array of job opportunities within a reasonable commuting distance from Chicago.
Recreation and Attractions in Frankfort, Will County, IL
Recreational opportunities abound in Frankfort, with the Frankfort Park District managing over 300 acres of parks and recreational facilities. Residents can enjoy the Old Plank Road Trail, ideal for biking and walking, and partake in community events such as the annual Frankfort Fall Festival. This festival not only highlights local arts and crafts but also strengthens community bonds by bringing residents together to celebrate their culture and heritage.
Real Estate and Transportation in Frankfort, IL
The real estate market in Frankfort primarily consists of single-family homes and townhouses, with a median home value around $400,000. Transportation options are facilitated by major highways, including I-80 and I-57, which enhance connectivity to surrounding areas. Additionally, the Metra commuter rail service provides access to downtown Chicago, making Frankfort a viable option for those who work in the city but prefer to reside in a quieter suburban setting.
Conclusion
Overall, Frankfort, Will County, Illinois, represents a unique blend of suburban comfort and modern conveniences. The community’s strong educational framework, rich history, and diverse recreational offerings create an appealing environment for families and professionals alike. While challenges such as limited public transport and higher property taxes exist, the benefits of living in Frankfort often outweigh these considerations, making it a desirable place to call home.