InsureWatch

60131

Elevated47

Franklin Park, Illinois — Cook County

Pop. 18,258Median Income $74,606Median Home $246,500
0/ 100Elevated Risk

2025 Estimated Premium

$1,410/yr

+14.5% from 2022 actual ($1,232)

Projected using FRED CPI for Household Insurance, adjusted for this ZIP's historical trend. Not a quote.

Avg Premium (2022)

$1,232

+2.8%

2018–2025

Nonrenewal Rate

0.74%

2018–2022

Claim Frequency

5.4%

Avg Claim Amount

$8,221

Score Breakdown

Premium Level (25%)26
Premium Trend (20%)64
Nonrenewal Risk (20%)36
Storm Exposure (15%)98
Affordability (10%)26
Flood Risk (10%)30

Storm History (5-Year Timeline)

18
201846 events
Property damage$300,000
1 tornado4 hail19 flood
19
201980 events
Property damage$20,000
1 tornado21 hail29 flood
20
2020142 events1 fatalities
Property damage$0
3 tornado15 hail39 flood
21
202193 events
Property damage$0
1 tornado2 hail18 flood
22
2022171 events
Property damage$3,100,000
2 tornado6 hail10 flood
23
2023145 events
Property damage$550,000,000
6 tornado38 hail21 flood
24
2024177 events
Property damage$50,000
17 tornado35 hail22 flood
25
2025170 events
Property damage$494,900,000
1 tornado13 hail45 flood

Nearby ZIP Codes

60176Schiller Park, IL
53Elevated
60164Northlake, IL
53Elevated
60165Stone Park, IL
60Elevated
60171River Grove, IL
51Elevated
60160Melrose Park, IL
61High

Compare home insurance quotes in Franklin Park, IL

See rates from top carriers. It takes 2 minutes and could save you hundreds.

The Zebra →Insurify →Policygenius →

Ad · We may earn a commission when you get a quote through our partners. This doesn't affect our data or scores.

Buying a home in Franklin Park, IL? Check mortgage rates

Compare rates from top lenders

Get alerts when your ZIP's risk changes

We'll email you when premiums spike, nonrenewal rates jump, or a major storm hits your area.

AI Risk Report

Get a detailed narrative analysis of this ZIP

Also from us: CrashWatch

See car crash data, road safety scores, and traffic fatality stats for Franklin Park, IL.

Compare this ZIP

See how 60131 stacks up against another ZIP code or city.

Compare Now

Data Sources & Methodology

Core insurance data: US Treasury Federal Insurance Office (FIO), 2018–2022 — the most comprehensive homeowners insurance dataset ever released, covering 25,500+ ZIP codes and 246M+ policies. This data was collected under a Biden-era initiative (Executive Order 14030) and published January 2025. The Trump administration subsequently removed the report from FIO's website. InsureWatch preserves and builds on this public data.

2023-2025 premium estimates are projected using the FRED CPI for Household Insurance (CUSR0000SEHC01), adjusted for each ZIP's historical growth trend relative to the national rate. Projections are not quotes and actual premiums vary by carrier, coverage, claims history, and property. Storm data: NOAA Storm Events Database, current through 2025. Economic data: FRED (Federal Reserve), current through 2026. Demographics: Census ACS 2022. Insurance Stress Scores are a weighted composite of premium levels, trends, nonrenewal rates, storm exposure, and affordability.