At a Glance
Median Income
$54,438
$35,369 per capita
Home Value
$171,600
Zillow: $250,122
Median Rent
$935/mo
27.9% of income on rent
Violent Crime
206/100K
1,650/100K property
Bachelor's Degree+
27.9%
90.8% high school+
Unemployment
7.2%
15.8% poverty rate
Obesity Rate
31.0%
20.7% smoking rate
How Frankfort Compares to the U.S. Average
Each bar shows Frankfort's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is Frankfort a Good Place to Live?
B
3.0 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Frankfort residents earn a median household income of $54,438 , which is 28% below the national average of $75,149.
Per capita income is $35,369. The unemployment rate stands at 7.2% (100% above the U.S. rate of 3.6%). 15.8% of residents live below the poverty line. The area is home to 2,802 business establishments, including 125 restaurants.
Housing & Cost of Living
The median home value in Frankfort is $171,600 , 39% below the national median of $281,900.
Zillow estimates the typical home at $250,122. Median rent is $935/month, with 27.9% of renters spending more than 30% of income on housing. The cost of living index is 90.2 (100 = national average). The median home was built in 1971.
Safety & Crime
Frankfort reports 206 violent crimes per 100,000 residents
, which is 46% below the national average of 380/100K.
Property crime is 1,650/100K. The murder rate is 3.6/100K.
Education
27.9% of adults in Frankfort hold a bachelor's degree or higher
(17% below the national average).
90.8% have completed high school. Local schools score 5.2/10 in standardized testing.
Climate & Weather
Frankfort has an average annual temperature of 57°F (14°C).
Winters average 34°F in January while summers reach 77°F in July. Annual precipitation totals 47.3 inches.
Data Overview
People
Population28,452
Median Age34.7 yrs
Density1,926/mi²
Male / Female49% / 52%
Foreign Born6.5%
Veterans5.3%
Economy
C+
Median Income$54,438
Per Capita$35,369
Unemployment7.2%
Poverty15.8%
County GDP$4,573M
Avg Weekly Wage$1,157
Housing
A+
Home Value$171,600
Rent$935
Ownership48.0%
Zillow$250,122
Housing Units13,492
Rent Burden27.9%
Crime
F
Violent206/100K
Property1,650/100K
Murder3.6/100K
Assault106/100K
Burglary273/100K
Health
Obesity31.0%
Diabetes10.6%
Smoking20.7%
Heart Disease6.7%
Premature Death11,856/100K
Climate
Avg Temp57°F
Rain47.3 in/yr
Elevation725 ft
Education
B
Bachelor's+27.9%
High School+90.8%
Graduate+11.8%
School Score5.2/10
Community
2024 VoteR 51% / D 47%
Commute18 min
Broadband82.8%
Internet Speed174 Mbps
EV Stations13
Libraries1
Did You Know?
Frankfort was founded in 1786.
The median home in Frankfort was built in 1971.
The nearest airport is Louisville Muhammad Ali International (47 miles).
The Gini coefficient (income inequality) is 0.453 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
15.6% of the population has a disability.
Average internet download speed is 174 Mbps.
There are 125 restaurants in the area.
The county recorded 4 fatal vehicle crashes.
91 declared natural disasters on record.