Frankfort, IN
Full City Profile · Indiana · Clinton County County
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
25.5% income on rent
52°F
Avg Temperature
275 sunny days/yr
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
D
Education
2.0 / 5.0
11.9% bachelor's degree or higher
Change Over Time (2013, 2023)
Population Change
+2.1%
16,145 → 16,482
over 10 years
Annual Pop. Growth
+0.21%
Compound annual growth rate
Median Income Change
+32.6%
$40,368 → $53,522
nominal, not inflation-adjusted
Annual Income Growth
+2.86%
Compound annual growth rate
Population Over Time
Total population for Frankfort across each available Census ACS release.
Median Household Income Over Time
Median household income reported by U.S. Census ACS. Values are nominal (not adjusted for inflation).
Projected 2030
Simple projections extrapolating the 2013, 2023 compound annual growth rate forward. These are mathematical extensions of recent trends, not forecasts, real outcomes depend on migration, policy and economic shifts.
Projected Population 2030
16,726
+244 from 2023 (16,482)
Projected Median Income 2030
$65,202
+$11,680 from 2023 ($53,522)
Year-by-Year Detail
| Year | Population | YoY % | Median Income | YoY % |
|---|---|---|---|---|
| 2013 | 16,145 | - | $40,368 | - |
| 2015 | 15,906 | -1.5% | $38,801 | -3.9% |
| 2017 | 15,756 | -0.9% | $41,982 | +8.2% |
| 2019 | 15,833 | +0.5% | $41,120 | -2.1% |
| 2021 | 16,651 | +5.2% | $46,236 | +12.4% |
| 2023 | 16,482 | -1% | $53,522 | +15.8% |
Source: U.S. Census ACS 5-Year Estimates (Data Commons). Home value and rent are not yet available historically.
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