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
Change Over Time (2013–2023)
Population Change
+0.8%
1,263 → 1,273
over 10 years
Annual Pop. Growth
+0.08%
Compound annual growth rate
Median Income Change
+24.3%
$41,696 → $51,813
nominal, not inflation-adjusted
Annual Income Growth
+2.2%
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
1,280
+7 from 2023 (1,273)
Projected Median Income 2030
$60,339
+$8,526 from 2023 ($51,813)
Year-by-Year Detail
| Year | Population | YoY % | Median Income | YoY % |
|---|---|---|---|---|
| 2013 | 1,263 | — | $41,696 | — |
| 2015 | 1,264 | +0.1% | $38,056 | -8.7% |
| 2017 | 1,278 | +1.1% | $39,516 | +3.8% |
| 2019 | 1,284 | +0.5% | $41,500 | +5% |
| 2021 | 1,272 | -0.9% | $46,964 | +13.2% |
| 2023 | 1,273 | +0.1% | $51,813 | +10.3% |
Source: U.S. Census ACS 5-Year Estimates (Data Commons). Home value and rent are not yet available historically.
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