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Frankfort, KY

Full City Profile · Kentucky · Franklin County County

3.1 /5.0
B Good
28,452 Population 1,926/sq mi density
$54,438 Median Income $35,369 per capita
$171,600 Home Value $242,757 Zillow
$935 Median Rent 27.9% income on rent
57°F Avg Temperature 293 sunny days/yr
292 Violent Crime/100K 3,427 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.2 / 5.0
$54,438 median income, 4.6% unemployment
A+
Affordability
4.9 / 5.0
$171,600 home value, $935/mo rent
F
Safety
1.0 / 5.0
292 violent crimes/100K
B
Education
3.2 / 5.0
27.9% bachelor's degree or higher

Change Over Time (2013–2023)

Population Change
+4.1%
27,266 → 28,396
over 10 years
Annual Pop. Growth
+0.41%
Compound annual growth rate
Median Income Change
+32.3%
$41,152 → $54,438
nominal, not inflation-adjusted
Annual Income Growth
+2.84%
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
29,221
+825 from 2023 (28,396)
Projected Median Income 2030
$66,227
+$11,789 from 2023 ($54,438)

Year-by-Year Detail

Year Population YoY % Median Income YoY %
2013 27,266 $41,152
2015 27,594 +1.2% $41,401 +0.6%
2017 27,697 +0.4% $45,471 +9.8%
2019 27,692 +-0% $50,211 +10.4%
2021 28,595 +3.3% $51,731 +3%
2023 28,396 -0.7% $54,438 +5.2%
Source: U.S. Census ACS 5-Year Estimates (Data Commons). Home value and rent are not yet available historically.