Economy & Jobs — Franklin Grove, Illinois
Income & Employment
| Median Household Income (Census) | $58,618 |
|---|
| Estimated 2026 | ~$69,300 |
|---|
| Per Capita Income | $30,081 |
|---|
| Poverty Rate | 12.8% |
|---|
| Unemployment Rate | 1.2% |
|---|
| In Labor Force | 477 |
|---|
Top Industries
| Industry | Share |
|---|
| Manufacturing | 21.5% |
| Education Healthcare | 20.1% |
| Retail | 10.8% |
Local Businesses (County)
| Type | Count |
|---|
| Full Service Restaurants | 30 |
| Insurance Agencies | 22 |
| Fast Food | 19 |
| Gas Stations | 18 |
| Bars | 16 |
| Commercial Banks | 13 |
| Physician Offices | 13 |
| Auto Repair | 12 |
| Dental Offices | 8 |
| Real Estate Offices | 7 |
| Child Day Care | 7 |
| General Merchandise | 6 |
| Chiropractors | 6 |
| Grocery Stores | 5 |
| Law Offices | 5 |
Sources: Census ACS 5-Year 2023; BLS QCEW 2023; Census ACS 5-Year 2023, B19013.
