Median Income
$77,917
4% higher than US avg
Home Value
$70,700
75% lower than US avg
Bachelor's+
22.0%
35% lower than US avg
Median Rent
$692
40% lower than US avg
Obesity Rate
35.3%
10% higher than US avg
Unemployment
0.8%
78% lower than US avg
Poverty Rate
0.5%
96% lower than US avg
How Frankfort Compares to the U.S. Average (100% = U.S. avg)
People
Population731
Median Age43.5 yrs
Density724/mi²
Male / Female49% / 51%
Largest GroupWhite 97%
Economy
A+
Median Income$77,917
Per Capita$38,222
Unemployment0.8%
Poverty0.5%
County GDP$704M
Commute22 min
Housing
A+
Home Value$70,700
Rent$692
OwnershipN/A
Zillow$153,352
Health
Obesity35.3%
UninsuredN/A
Depression22.7%
Heart Disease5.2%
Climate
Avg Temp52°F
AQI39 (Good)
Rain33.2 in/yr
Elevation1,149 ft
Education
C+
Bachelor's+22.0%
High School+94.0%
School Score5.80
Community
2024 VoteR 73% / D 24%
Commute22 min
Libraries6
Is Frankfort a Good Place to Live?
Based on current data, Frankfort receives an overall livability score of 4.1 out of 5.0, earning a grade of A. Key strengths include low unemployment, affordable housing, a low poverty rate, high health insurance coverage. Frankfort stands out as an excellent place to live, with strong marks across most quality-of-life indicators.
Economy & Jobs
The median household income in Frankfort is $77,917, roughly in line with the national average of $75,149. The job market is very strong with unemployment at just 0.8%. Only 0.5% of residents live below the poverty line, well below the national rate of 12.4%. Workers commute an average of 22 minutes.
Cost of Living & Housing
The median home value in Frankfort is $70,700, 75% below the national median — offering relatively affordable homeownership. Renters pay a median of $692 per month, below the national average — a plus for affordability. At just 0.9x median income, home prices are very affordable relative to local earnings.
Education
22.0% of residents hold a bachelor's degree, below the national average of 33.7%. 94.0% have completed high school. Area schools have an average test score of 5.8/10.
Climate & Weather
Frankfort experiences four distinct seasons with an average temperature of 52°F. Winters average 26°F in January while summers reach 77°F in July. Annual precipitation totals 33.2 inches. Air quality is rated Good with a median AQI of 39.
Frankfort has a population of 731 with a density of 724 people per square mile. The median age is 43.5 years, 12% older than the national median of 38.9. The city is predominantly White (96.6%), with 2.5% Black.
Population
43.5yrs
Median Age
12% above US avg
Race & Ethnicity
Frankfort vs U.S. Average
Language Spoken at Home
| English Only | 99.4% |
| 27% above US avg |
| Spanish | 0.6% |
| 96% below US avg |
Social Characteristics
Frankfort vs U.S. Average
The median household income in Frankfort is $77,917, which is 4% above the national average of $75,149. The unemployment rate is 0.8% (below the 3.6% US average). 0.5% of residents live below the poverty line. Workers commute an average of 22 minutes.
Income: Frankfort vs U.S.
Income
| Median HH Income | $77,917 |
| 4% above US avg |
| Per Capita Income | $38,222 |
| Avg Weekly Wage | $945 |
| IRS Avg AGI | $68,725 |
Employment & Poverty
| Unemployment | 0.8% |
| 78% below US avg |
| Poverty Rate | 0.5% |
| 96% below US avg |
| Establishments (County) | 413 |
| County GDP | $704M |
Business (County)
| Restaurants | 24 |
| Healthcare | 40 |
| Retail | 59 |
| Manufacturing | 16 |
Tax & Cost of Living
| Property Tax (IRS) | $3,167 |
| 10% below US avg |
| Effective Tax Rate | 4.48% |
Commute & Transportation
| Commute Time | 21.9 min |
| Work from Home | 2.1% |
The median home value in Frankfort is $70,700, 75% below the national average. Monthly rent averages $692 (40% below US avg). Zillow estimates the typical home value at $153,352.
Home Values
| Census Median | $70,700 |
| 75% below US avg |
| Zillow ZHVI | $153,352 |
Real Estate Market (Redfin)
Rental Costs
| Census Median Rent | $692 |
| 40% below US avg |
HUD Fair Market Rent
| Studio | $702 |
| 1 Bedroom | $753 |
| 2 Bedrooms | $947 |
| 3 Bedrooms | $1,223 |
| 4 Bedrooms | $1,397 |
Ownership & Property
Property Tax
| Avg Tax (IRS) | $3,167 |
| 10% below US avg |
| Effective Rate | 4.48% |
In Frankfort, 35.3% of adults are obese (above the 32.1% national rate). 22.7% report depression. 23.6% are physically inactive.
Health Metrics: Frankfort vs U.S. Average (%)
Chronic Conditions
| Obesity | 35.3% |
| 10% above US avg |
| Diabetes | 8.6% |
| Heart Disease | 5.2% |
| High Blood Pressure | 29.2% |
| Asthma | 10.3% |
| COPD | 6.1% |
| Stroke | 2.7% |
Behaviors & Mental Health
| |
| Binge Drinking | 19.7% |
| Physical Inactivity | 23.6% |
| Depression | 22.7% |
| Mental Distress | 17.9% |
| Physical Distress | 11.8% |
Healthcare Access
| Insurance Rate | 94.1% |
| |
| Checkup Rate | 73.6% |
| Premature Death | 8,485/100K |
Food & Exercise
| Food Environment | 7.6/10 |
| Exercise Access | 45.7% |
| Healthcare Facilities | 40 |
Crime Rates: Frankfort vs U.S. Average (per 100,000)
Traffic Safety
| Fatal Crashes (County/yr) | 1 |
Safety Score
Frankfort has an average annual temperature of 52°F (11°C). Winters average 26°F in January while summers reach 77°F in July. Annual precipitation is 33.2 inches. Air quality is rated Good with a median AQI of 39.
Temperature
26°F Jan (-3°C)
77°F Jul (25°C)
| Annual Average | 52.0°F |
| 4% below US avg |
| January Average | 26°F (-3°C) |
| July Average | 77°F (25°C) |
Precipitation & Snow
| Annual Rainfall | 33.2 inches |
| 13% below US avg |
Air Quality
| AQI Median | 39.0 |
| Rating | Good |
Geography
| Elevation | 1,149 ft (350 m) |
| Area | 1.0 sq mi (2.6 km²) |
| Population Density | 724/sq mi |
| Coordinates | 39.7041°N, 96.4178°W |
| County FIPS | 20117 |