Frankton, IN
Full City Profile · Indiana · Madison County County
3.0
/5.0
B
Good
1,789
Population
1,688/sq mi density
$64,500
Median Income
$31,282 per capita
$120,200
Home Value
$203,710 Zillow
$1,000
Median Rent
18.0% income on rent
51°F
Avg Temperature
275 sunny days/yr
141
Violent Crime/100K
1,931 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.0 / 5.0
$64,500 median income, 2.8% unemployment
A+
Affordability
5.0 / 5.0
$120,200 home value, $1,000/mo rent
F
Safety
1.0 / 5.0
141 violent crimes/100K
C
Education
2.0 / 5.0
12.8% bachelor's degree or higher
Income Overview
Median Household Income
$64,500
14% below
US avg: $75,149
Per Capita Income
$31,282
20% below
US avg: $39,052
Unemployment Rate
2.8%
22% below
US avg: 3.6%
Poverty Rate
9.2%
26% below
US avg: 12.4%
Income Comparison: Frankton vs. U.S. Average
Each bar shows Frankton’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$64,500
86%
Per Capita
US: $39,052
$31,282
80%
IRS Avg AGI
US: $72,000
$59,559
83%
Avg Weekly Wage
US: $1,432
$961
67%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$961
33% below US avg ($1,432)
Mean Commute Time
32 min
14% above US avg (28 min)
Work From Home
4.3%
72% below US avg (15.2%)
Drive Alone
84.4%
15% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$5,526M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
84.4%
Public Transit
0%
Work From Home
4.3%
Other
11.3%
Average commute time
32 minutes
US avg: 28 min
Business Landscape
Total Establishments
2,484
Restaurants
230
Healthcare
308
Retail
345
Manufacturing
104
Tax & Financial
IRS Avg Adjusted Gross Income
$59,559
17% below US avg ($72,000)
Avg Property Tax
$2,964
15% below US avg ($3,500)
Cost of Living Index
93.3
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $64,500 |
| Per Capita Income | $31,282 |
| IRS Avg Adjusted Gross Income | $59,559 |
| Avg Weekly Wage | $961 |
| County GDP | $5,526M |
Hardship Indicators
| Unemployment Rate | 2.8% |
| Poverty Rate | 9.2% |
| Gini Coefficient | 0.437 |
| Cost of Living Index | 93.3 |
Commute
| Mean Commute | 32 minutes |
| Drive Alone | 84.4% |
| Public Transit | 0.0% |
| Work From Home | 4.3% |
Businesses
| Total Establishments | 2,484 |
| Restaurants | 230 |
| Healthcare | 308 |
| Retail | 345 |
| Manufacturing | 104 |
Tax
| IRS Avg AGI | $59,559 |
| Avg Property Tax | $2,964 |
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