Sign In Register

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 Rate2.8%
Poverty Rate9.2%
Gini Coefficient0.437
Cost of Living Index93.3

Commute

Mean Commute32 minutes
Drive Alone84.4%
Public Transit0.0%
Work From Home4.3%

Businesses

Total Establishments2,484
Restaurants230
Healthcare308
Retail345
Manufacturing104

Tax

IRS Avg AGI$59,559
Avg Property Tax$2,964