Frankfort, IN

Indiana

Frankfort is a small city in Indiana with a population of 15,536. Residents earn $53,522 per year, which is 29% below the national average.

2.9 /5.0
C+ Fair
15,536 Population 1,928/sq mi density
$53,522 Median Income $26,356 per capita
$122,800 Home Value $205,410 Zillow
$888 Median Rent
52°F Avg Temperature
123 Violent Crime/100K 5,066 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.8 / 5.0
$53,522 median income, 2.6% unemployment
A+
Affordability
5.0 / 5.0
$122,800 home value, $888/mo rent
F
Safety
1.0 / 5.0
123 violent crimes/100K (68% below avg)
D
Education
2.0 / 5.0
11.9% bachelor's degree or higher
Median Income $53,522
29% lower than US avg
Home Value $122,800
56% lower than US avg
Violent Crime 123/100K
68% lower than US avg
Bachelor's+ 11.9%
65% lower than US avg
Median Rent $888
24% lower than US avg
Obesity Rate 42.2%
31% higher than US avg
Unemployment 2.6%
28% lower than US avg
Poverty Rate 7.8%
37% lower than US avg

How Frankfort Compares to the U.S. Average (100% = U.S. avg)

People

Population15,536
Median Age35.1 yrs
Density1,928/mi²
Male / Female49% / 51%
Largest GroupWhite 73%

Economy

B+
Median Income$53,522
Per Capita$26,356
Unemployment2.6%
Poverty7.8%
County GDP$2,022M
Commute18 min

Housing

A+
Home Value$122,800
Rent$888
OwnershipN/A
Zillow$205,410

Crime

F
Violent123/100K
Property5,066/100K
Murder0.0/100K
Assault62/100K
Burglary710/100K

Health

Obesity42.2%
UninsuredN/A
Depression25.0%
Heart Disease6.4%

Climate

Avg Temp52°F
AQI41 (Good)
Rain43.3 in/yr
Elevation860 ft

Education

D
Bachelor's+11.9%
High School+78.6%
School Score6.01

Community

2024 VoteR 73% / D 25%
Commute18 min
Libraries7

Is Frankfort a Good Place to Live?

Based on current data, Frankfort receives an overall livability score of 2.9 out of 5.0, earning a grade of C+. Key strengths include low unemployment, low crime rates, affordable housing, a low poverty rate. Areas to be aware of include below-average incomes, high obesity rates. Frankfort has some notable strengths but also faces challenges that prospective residents should consider.

Economy & Jobs

The median household income in Frankfort is $53,522, 29% below the national average of $75,149. The job market is very strong with unemployment at just 2.6%. Only 7.8% of residents live below the poverty line, well below the national rate of 12.4%. Workers commute an average of 18 minutes, shorter than most U.S. cities.

Cost of Living & Housing

The median home value in Frankfort is $122,800, 56% below the national median — offering relatively affordable homeownership. Renters pay a median of $888 per month, below the national average — a plus for affordability. At just 2.3x median income, home prices are very affordable relative to local earnings.

Safety & Crime

Frankfort is a very safe community with a violent crime rate of 123 per 100,000 residents — well below the national average of 380. Property crime occurs at a rate of 5,066 per 100,000, 158% above the national average.

Education

11.9% of residents hold a bachelor's degree, below the national average of 33.7%. 78.6% have completed high school. Area schools have an average test score of 6/10.

Climate & Weather

Frankfort experiences four distinct seasons with an average temperature of 52°F. Winters average 26°F in January while summers reach 74°F in July. Annual precipitation totals 43.3 inches, including 24.1 inches of snow. Air quality is rated Good with a median AQI of 41.

Frankfort has a population of 15,536 with a density of 1,928 people per square mile. The median age is 35.1 years, 10% younger than the national median of 38.9. The city is predominantly White (72.8%).

Population

15,536
Total Population
1,928
People / sq mi
35.1yrs
Median Age
10% below US avg
8.1mi²
Land Area

Gender Distribution

Male 48.6%
Female 51.4%

Race & Ethnicity

Frankfort vs U.S. Average

Language Spoken at Home

English Only82.0%
4% above US avg
Spanish18.0%
34% above US avg

Social Characteristics

Frankfort vs U.S. Average

The median household income in Frankfort is $53,522, which is 29% below the national average of $75,149. The unemployment rate is 2.6% (below the 3.6% US average). 7.8% of residents live below the poverty line. Workers commute an average of 18 minutes.

Income: Frankfort vs U.S.

Commute Mode

Income

Median HH Income$53,522
29% below US avg
Per Capita Income$26,356
Avg Weekly Wage$1,019
IRS Avg AGI$58,630

Employment & Poverty

Unemployment2.6%
28% below US avg
Poverty Rate7.8%
37% below US avg
Establishments (County)634
County GDP$2,022M

Business (County)

Restaurants54
Healthcare59
Retail100
Manufacturing34

Tax & Cost of Living

Property Tax (IRS)$2,403
31% below US avg
Effective Tax Rate1.96%

Commute & Transportation

Commute Time18.1 min
Work from Home3.3%

Walkability

The median home value in Frankfort is $122,800, 56% below the national average. Monthly rent averages $888 (24% below US avg). Zillow estimates the typical home value at $205,410.

Home Value Sources

Ownership Split

Home Values

Census Median$122,800
56% below US avg
Zillow ZHVI$205,410
Median List Price$189,500

Real Estate Market (Redfin)

Median List Price$189,500
$/Sq Ft$127
Homes Sold7
Sale-to-List Ratio99.1%
Price Drops22.6%
Inventory31

Rental Costs

Census Median Rent$888
24% below US avg
Zillow Rent (ZORI)$840

HUD Fair Market Rent

Studio$816
1 Bedroom$882
2 Bedrooms$1,096
3 Bedrooms$1,391
4 Bedrooms$1,590

Ownership & Property

Owner-Occupied58.7%

Property Tax

Avg Tax (IRS)$2,403
31% below US avg
Effective Rate1.96%
In Frankfort, 42.2% of adults are obese (above the 32.1% national rate). 25.0% report depression. 31.0% are physically inactive.

Health Metrics: Frankfort vs U.S. Average (%)

Chronic Conditions

Obesity42.2%
31% above US avg
Diabetes13.1%
Heart Disease6.4%
High Blood Pressure35.7%
Asthma11.1%
COPD8.3%
Stroke3.3%

Behaviors & Mental Health

Binge Drinking16.3%
Physical Inactivity31.0%
Depression25.0%
Mental Distress19.3%
Physical Distress15.4%

Healthcare Access

Insurance Rate90.4%
Checkup Rate76.9%
Premature Death9,709/100K

Food & Exercise

Food Environment8.6/10
Exercise Access68.8%
Healthcare Facilities59
Frankfort has a violent crime rate of 123 per 100,000 residents, 68% below the national average of 380. Property crime stands at 5,066 per 100,000 (158% above US avg). The murder rate is 0.0 per 100,000.

Crime Rates: Frankfort vs U.S. Average (per 100,000)

Violent Crime

Total Violent123.4/100K
68% below US avg
Murder0.0/100K
100% below US avg
Rape30.9/100K
Robbery30.9/100K
Assault61.7/100K

Property Crime

Total Property5,066.3/100K
158% above US avg
Burglary709.7/100K
Theft4,146.9/100K
Vehicle Theft209.8/100K
Arson0.0/100K

Traffic Safety

Fatal Crashes (County/yr)5

Safety Score

Safety GradeF
Safety Score1.0 / 5.0
Frankfort has an average annual temperature of 52°F (11°C). Winters average 26°F in January while summers reach 74°F in July. Annual precipitation is 43.3 inches. Air quality is rated Good with a median AQI of 41.

Temperature

26°F Jan (-3°C) 74°F Jul (23°C)
Annual Average51.7°F
4% below US avg
January Average26°F (-3°C)
July Average74°F (23°C)

Precipitation & Snow

Annual Rainfall43.3 inches
14% above US avg
Snowfall24.1 inches/yr

Air Quality

AQI Median41.0
RatingGood

Geography

Elevation860 ft (262 m)
Area8.1 sq mi (20.9 km²)
Population Density1,928/sq mi
Coordinates40.2810°N, 86.5213°W
County FIPS18023
It is classified as Nonmetro — Urban 2.5K–20K, adjacent. 11.9% of residents hold a bachelor's degree or higher (65% below US avg). In the 2024 election, the county voted Republican by a 48-point margin.

2024 Presidential Election (County)

R 73.2%
D 25.2%

Winner: Republican by 48 points

Education

Bachelor's Degree+11.9%
65% below US avg
High School+78.6%
School Test Score6.01
D Education Grade (2.0/5.0)

Urban-Rural Classification

RUCC Code 6Nonmetro — Urban 2.5K–20K, adjacent
Population Density1,928/sq mi
Total Area8.1 sq mi

Infrastructure & Services

Alt Fuel Stations2
Public Libraries7
Healthcare Facilities59
Restaurants54
Retail Stores100

Safety & Disasters

Fatal Crashes (County/yr)5
F Safety Grade (1.0/5.0)

Commute & Transportation

Avg Commute18.1 min
Work from Home3.3%

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