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 Rate | 1.6% |
| Poverty Rate | 5.2% |
| Gini Coefficient | 0.445 |
| Cost of Living Index | 96.2 |
Commute
| Mean Commute | 21 minutes |
| Drive Alone | 70.5% |
| Public Transit | 0.3% |
| Work From Home | 13.4% |
Businesses
| Total Establishments | 483 |
| Restaurants | 67 |
| Healthcare | 34 |
| Retail | 65 |
| Manufacturing | 22 |
Tax
| IRS Avg AGI | $72,228 |
| Avg Property Tax | $8,350 |
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