ZIP Code 60131 — Franklin Park village, IL Demographics & Data

ZIP code 60131 covers Franklin Park, IL in Cook County with a population of about 18,059.

At a glance, the area shows median age of 38.0 (near the U.S. median).

It sits in telephone area codes 224, 847; U.S. House district IL-4; the CHICAGO media market.

Median household income in ZIP 60131 is about $76,404 — about even with the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 13.7%; unemployment rate near 4.8%; 18.7% of adults with a bachelor’s degree or higher (about 15.0 points below the national share (33.7%)).

Labor and commute patterns include leading industry context around Manufacturing, Healthcare, and Retail trade; about 6.0% of workers reporting work-from-home (about 9.2 points below the U.S. share (15.2%)); a mean commute of about 180.0 minutes (U.S. average near 26.8).

Median home value is about $261,800 — about 25% below the U.S. median home value ($348,079).

Housing tenure and rents show median gross rent around $999 (about 14% below the U.S. median rent ($1,163)), and owner-occupancy near 75.5% (about 10.1 points above the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 60131 in Franklin Park, IL, a household would need roughly $72,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,682. That is roughly in line with the local median household income ($76,404). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

FEMA’s National Risk Index rates natural-hazard risk for Franklin Park village, IL as Very High (composite score 100.0), which is among the highest nationally. The strongest component scores on US5 are flood (99.9) and wildfire (55.8). These scores are county-linked NRI values published for planning context — all ZIP codes in the same county share the same composite score on US5. Useful when comparing insurance and disaster exposure across areas, not a substitute for a parcel-level flood or fire determination.

Climate normals for Franklin Park village, IL show little to no average snow and around 37.9 inches of annual precipitation.

IRS migration statistics show a net inflow of about 1,005 for ZIP 60131 (Franklin Park village, IL) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.