Franklin Park, IL is a great place to call home! Located in the 60131 zip code, Franklin Park, IL is located northwest of Chicago and offers plenty of local attractions. It's also an affordable area with 2 bedroom rent averaging $1120 monthly — much lower than the national average of $1430. Grocery costs are also more affordable in this area with an index rating of 96 compared to 100 for the US as a whole.
Families in Franklin Park, IL have access to nature parks such as North Branch Trail and Dayton Dickerson Park for outdoor recreation. The town has its own library and a variety of shopping centers like Spring Road Shopping Center which includes popular stores such as Target and T.J Maxx. There are also several dining options ranging from fast food to fine dining restaurants like Churrasco’s Prime Steakhouse & Seafood Grill that makes Franklin Park a great place to live or visit!
Pictured here is Dayton Dickerson Park located off Grand Avenue in Franklin Park, IL. With plenty of things to do, great restaurants, and affordable housing it’s no wonder why people love living here!
Franklin Park (zip 60131) has an unemployment rate of 8.4%. The US average is 6.0%.
Franklin Park (zip 60131) has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 25.8%, which is lower than the US average of 33.5%.
Tax Rates for Franklin Park (zip 60131)
- The Sales Tax Rate for Franklin Park (zip 60131) is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Franklin Park (zip 60131) is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Franklin Park (zip 60131)
- The average income of a Franklin Park (zip 60131) resident is $24,247 a year. The US average is $28,555 a year.
- The Median household income of a Franklin Park (zip 60131) resident is $70,267 a year. The US average is $69,021 a year.