Frankfort, OH

Full City Profile · Ohio · Ross County County

3.8 /5.0
B+ Good
1,419 Population 2,838/sq mi density
$62,583 Median Income $29,561 per capita
$159,100 Home Value $234,735 Zillow
$769 Median Rent 30.1% income on rent
54°F Avg Temperature
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.0 / 5.0
$62,583 median income, 1.3% unemployment
A+
Affordability
5.0 / 5.0
$159,100 home value, $769/mo rent
C
Education
2.3 / 5.0
16.7% bachelor's degree or higher

Frankfort, OH

At a Glance

Median Income
$62,583
17% below
$29,561 per capita
Home Value
$159,100
44% below
Zillow: $234,735
Median Rent
$769/mo
34% below
30.1% of income on rent
Bachelor's Degree+
16.7%
50% below
92.5% high school+
Unemployment
1.3%
64% below
10.1% poverty rate
Obesity Rate
42.8%
33% above
18.1% smoking rate
Avg Temperature
54°F

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)

Income
83%
Home Value
56%
Rent
66%
Poverty
81%
Bachelor's
50%
Unemployment
36%
Thin vertical line = U.S. national average (100%)

Is Frankfort a Good Place to Live?

B+
3.8 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Frankfort residents earn a median household income of $62,583 , which is 17% below the national average of $75,149. Per capita income is $29,561. The unemployment rate stands at 1.3% (64% below the U.S. rate of 3.6%). 10.1% of residents live below the poverty line. The area is home to 1,546 business establishments, including 135 restaurants.

Housing & Cost of Living

The median home value in Frankfort is $159,100 , 44% below the national median of $281,900. Zillow estimates the typical home at $234,735. Median rent is $769/month, with 30.1% of renters spending more than 30% of income on housing. The cost of living index is 92.8 (100 = national average). The median home was built in 1963.

Education

16.7% of adults in Frankfort hold a bachelor's degree or higher (50% below the national average). 92.5% have completed high school. Local schools score 5.4/10 in standardized testing.

Climate & Weather

Frankfort has an average annual temperature of 54°F (12°C). Winters average 30°F in January while summers reach 75°F in July. Annual precipitation totals 43.4 inches.

Data Overview

People

Population1,419
Median Age46.2 yrs
Density2,838/mi²
Male / Female44% / 57%
Foreign Born0.0%
Veterans9.2%

Economy

A
Median Income$62,583
Per Capita$29,561
Unemployment1.3%
Poverty10.1%
County GDP$3,869M
Avg Weekly Wage$1,116

Housing

A+
Home Value$159,100
Rent$769
Ownership70.2%
Zillow$234,735
Housing Units536
Rent Burden30.1%

Health

Obesity42.8%
Diabetes11.7%
Smoking18.1%
Heart Disease6.1%
Premature Death12,209/100K

Climate

Avg Temp54°F
Rain43.4 in/yr
Elevation741 ft

Education

C
Bachelor's+16.7%
High School+92.5%
Graduate+8.1%
School Score5.4/10

Community

2024 VoteR 69% / D 30%
Commute28 min
Broadband81.7%
Internet Speed142 Mbps
EV Stations2
Libraries10

Did You Know?

The median home in Frankfort was built in 1963.
The nearest airport is Rickenbacker International (31 miles).
The Gini coefficient (income inequality) is 0.445 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
19.2% of the population has a disability.
Average internet download speed is 142 Mbps.
There are 135 restaurants in the area.
The county recorded 8 fatal vehicle crashes.