2025 Compare Cities Economy:
Frankfort, KY vs Grayslake, IL

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Highlights
- Household income in Grayslake, is 113% more than it is in Frankfort and is 37% above the National Average.
- Frankfort unemployment rate is 5.3%.
- Grayslake unemployment rate is 6.4%.
 Frankfort, KYGrayslake, ILUnited States
 Unemployment Rate  Unlock6.4%6.0%
 Recent Job Growth  Unlock2.4%1.6%
 Future Job Growth32.3%  Unlock33.5%
 Sales Taxes6.0%  Unlock6.2%
 Income Taxes  Unlock5.0%4.6%
 Income per Cap.$30,295  Unlock$37,638
 Household Income  Unlock$109,975$69,021
 Family Median Income$63,079  Unlock$85,028
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 Est. Households By Income
 Frankfort, KYGrayslake, ILUnited States
 Income Less Than 15K  Unlock6.0%9.4%
 Income between 15K and 20K5.1%  Unlock3.8%
 Income between 20K and 30K  Unlock4.7%8.1%
 Income between 30K and 40K14.3%  Unlock8.0%
 Income between 40K and 50K  Unlock4.1%7.6%
 Income between 50K and 60K10.1%  Unlock7.2%
 Income between 60K and 75K  Unlock6.5%9.6%
 Income between 75K and 100K13.6%  Unlock12.8%
 Income between 100K and 150K  Unlock20.7%16.3%
 Income between 150K and 200K2.3%  Unlock7.8%
 Income greater than 200K  Unlock19.7%9.5%
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 Population By Occupation
 Frankfort, KYGrayslake, ILUnited States
 Management, business, finance17.4%  Unlock16.4%
 Engineering, computers, science  Unlock9.4%6.5%
 Community, social services2.7%  Unlock1.8%
 Legal  Unlock1.5%1.2%
 Education, library4.9%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock1.9%2.0%
 Healthcare practitioners and technology4.6%  Unlock6.2%
 Healthcare support  Unlock1.9%3.3%
 Firefighters, law enforcement4.0%  Unlock2.1%
 Food preparation, serving  Unlock2.7%5.4%
 Building maintenance6.3%  Unlock3.6%
 Personal care  Unlock1.4%2.6%
 Sales, office, administrative support21.2%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.0%0.6%
 Construction, extraction, maintenance/repair7.5%  Unlock8.1%
 Production, transportation, material moving  Unlock6.7%13.1%
Reviews for Frankfort    3 Reviews

I was born here at Kings Daughter Hospital. I still have family members living here. Although I haven't lived here in years, I knew the place well and keep up with  More

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I have traveled all over the United States (SC, NY, FL, CO, WY, MO, OH, IN, WV). I've also traveled to other countries (Panama & Canada), and I've never been anywhere  More

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Over 8 years ago

I've lived here for 15 years. Almost all the restaurants are fast food. State government is the dominant workforce and does not pay well, so many businesses open only  More

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Reviews for Grayslake    3 Reviews

Over 11 years ago

Property tax is one of the highest in the nation a $220000 home will cost you $10980 in taxes annually as of 9/2014 This information can be verified on the  More

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Grayslake weather is very difficult to enjoy outdoor activities. In summer, it is SO humid and hot and full of mosquitos that you cannot enjoy a beautiful summer night.  More

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Over 15 years ago

3% of home value annually/ A $300,000 home will cost you 10K in annual property taxes. Where does it all  More

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