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Frankton, IN
Full City Profile · Indiana · Madison County County
Frankton, IN
At a Glance
How Frankton Compares to the U.S. Average
Each bar shows Frankton's value as a percentage of the national average (100% = U.S. avg)
Is Frankton a Good Place to Live?
Economy & Jobs
Frankton residents earn a median household income of $64,500 , which is 14% below the national average of $75,149. Per capita income is $31,282. The unemployment rate stands at 2.8% (22% below the U.S. rate of 3.6%). 9.2% of residents live below the poverty line. The area is home to 2,484 business establishments, including 230 restaurants.
Housing & Cost of Living
The median home value in Frankton is $120,200 , 57% below the national median of $281,900. Zillow estimates the typical home at $203,710. Median rent is $1,000/month, with 18.0% of renters spending more than 30% of income on housing. The cost of living index is 93.3 (100 = national average). The median home was built in 1965.
Safety & Crime
Frankton reports 141 violent crimes per 100,000 residents , which is 63% below the national average of 380/100K. Property crime is 1,931/100K.
Education
12.8% of adults in Frankton hold a bachelor's degree or higher (62% below the national average). 90.8% have completed high school. Local schools score 5.5/10 in standardized testing.
Climate & Weather
Frankton has an average annual temperature of 51°F (11°C). Winters average 26°F in January while summers reach 73°F in July. The area gets 275 sunny days per year. Annual precipitation totals 42.5 inches. Air quality is rated Good with a median AQI of 41.