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Frankfort, MI
Full City Profile · Michigan · Benzie County County
Frankfort, MI
At a Glance
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)
Is Frankfort a Good Place to Live?
Economy & Jobs
Frankfort residents earn a median household income of $51,813 , which is 31% below the national average of $75,149. Per capita income is $37,193. The unemployment rate stands at 1.6% (56% below the U.S. rate of 3.6%). 5.2% of residents live below the poverty line. The area is home to 483 business establishments, including 67 restaurants.
Housing & Cost of Living
The median home value in Frankfort is $305,600 , 8% above the national median of $281,900. Zillow estimates the typical home at $493,821. Median rent is $749/month, with 29.1% of renters spending more than 30% of income on housing. The cost of living index is 96.2 (100 = national average). The median home was built in 1971.
Safety & Crime
Frankfort reports 233 violent crimes per 100,000 residents , which is 39% below the national average of 380/100K. Property crime is 698/100K. The murder rate is 0.0/100K.
Education
38.9% of adults in Frankfort hold a bachelor's degree or higher (15% above the national average). 88.7% have completed high school. Local schools score 5.7/10 in standardized testing.
Climate & Weather
Frankfort has an average annual temperature of 47°F (8°C). Winters average 24°F in January while summers reach 69°F in July. The area gets 270 sunny days per year. Annual precipitation totals 34.3 inches. Air quality is rated Good with a median AQI of 38.