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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
Housing Overview
Median Home Value
$120,200
57% below
US avg: $281,900
Median Rent
$1,000/mo
14% below
US avg: $1,163/mo
Homeownership Rate
79.5%
22% above US avg (65.4%)
Total Housing Units
788
Median year built: 1965
Home Value by Source
Census Median
$120,200
Zillow (ZHVI)
$203,710
Median Sale Price
$188,000
Median List Price
$224,900
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
79.5%
Owner-Occupied
20.5%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$816/mo
1 Bedroom
$882/mo
2 Bedroom
$1,096/mo
3 Bedroom
$1,391/mo
4 Bedroom
$1,590/mo
Census median rent:
$1,000/mo
Market Indicators (Redfin)
Median Days on Market
200 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
1
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$72
Active Inventory
3
homes for sale
Affordability & Housing Stock
Rent Burden
18.0%
of renters spending 30%+ of income on housing
42% below US avg (31.0%)
Median Year Built
1965
Average age of housing stock: 61 years
Homeownership Rate
79.5%
Complete Housing Data
Home Values
| Census Median Value | $120,200 |
| Zillow Home Value (ZHVI) | $203,710 |
| Median Sale Price | $188,000 |
| Median List Price | $224,900 |
| Price Per Sq Ft | $72 |
Rent
| Census Median Rent | $1,000 |
| FMR Studio | $816 |
| FMR 1-Bedroom | $882 |
| FMR 2-Bedroom | $1,096 |
| FMR 3-Bedroom | $1,391 |
| FMR 4-Bedroom | $1,590 |
Market
| Days on Market | 200 |
| Sale-to-List Ratio | 0.9% |
| Price Drops | 0.0% |
| Homes Sold | 1 |
| Active Inventory | 3 |
| Price Per Sq Ft | $72 |
Ownership & Stock
| Owner-Occupied | 79.5% |
| Renter-Occupied | 20.5% |
| Homeownership Rate | 79.5% |
| Total Housing Units | 788 |
| Median Year Built | 1965 |
| Rent Burden | 18.0% |