Sign In Register

Frankfort, MI

Full City Profile · Michigan · Benzie County County

3.1 /5.0
B Good
1,158 Population 833/sq mi density
$51,813 Median Income $37,193 per capita
$305,600 Home Value $493,821 Zillow
$749 Median Rent 29.1% income on rent
47°F Avg Temperature 270 sunny days/yr
233 Violent Crime/100K 698 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.0 / 5.0
$51,813 median income, 1.6% unemployment
B
Affordability
3.3 / 5.0
$305,600 home value, $749/mo rent
F
Safety
1.0 / 5.0
233 violent crimes/100K
A
Education
4.1 / 5.0
38.9% bachelor's degree or higher

Income Overview

Median Household Income
$51,813
31% below
US avg: $75,149
Per Capita Income
$37,193
5% below
US avg: $39,052
Unemployment Rate
1.6%
56% below
US avg: 3.6%
Poverty Rate
5.2%
58% below
US avg: 12.4%

Income Comparison: Frankfort vs. U.S. Average

Each bar shows Frankfort’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$51,813
69%
Per Capita
US: $39,052
$37,193
95%
IRS Avg AGI
US: $72,000
$72,228
100%
Avg Weekly Wage
US: $1,432
$877
61%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$877
39% below US avg ($1,432)
Mean Commute Time
21 min
25% below US avg (28 min)
Work From Home
13.4%
12% below US avg (15.2%)
Drive Alone
70.5%
4% below US avg (73.2%)
Public Transit
0.3%
94% below US avg (5.0%)
County GDP
$741M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 70.5%
Public Transit 0.3%
Work From Home 13.4%
Other 15.8%
Average commute time
21 minutes
US avg: 28 min

Business Landscape

Total Establishments
483
Restaurants
67
Healthcare
34
Retail
65
Manufacturing
22

Tax & Financial

IRS Avg Adjusted Gross Income
$72,228
0% below US avg ($72,000)
Avg Property Tax
$8,350
139% above US avg ($3,500)
Cost of Living Index
96.2
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$51,813
Per Capita Income$37,193
IRS Avg Adjusted Gross Income$72,228
Avg Weekly Wage$877
County GDP$741M

Hardship Indicators

Unemployment Rate1.6%
Poverty Rate5.2%
Gini Coefficient0.445
Cost of Living Index96.2

Commute

Mean Commute21 minutes
Drive Alone70.5%
Public Transit0.3%
Work From Home13.4%

Businesses

Total Establishments483
Restaurants67
Healthcare34
Retail65
Manufacturing22

Tax

IRS Avg AGI$72,228
Avg Property Tax$8,350