Median Household Income
$57,412 ± $4,497
Median Home Value
$138,600 ± $11,387
Median Gross Rent
$898 ± $61/mo
Per Capita Income
$26,208
Poverty Rate
12.9%
Unemployment Rate
3.0%
Homeownership Rate
60.2%
Bachelor's Degree or Higher
11.5%
Median Age
33.2
Average Commute
18 min
Households
6,002
Veterans
578
Population Over Time
Frankfort shrank 3.5% from 2014 to 2024.
2014
16,488
2016
16,447
2018
16,186
2020
15,569
2022
15,976
2024
15,917
Population by Race & Ethnicity
White
69.3%
Hispanic or Latino
34.4%
Black or African American
0.9%
Asian
0.5%
Nearby Cities in Indiana
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024. Estimates carry a margin of error (shown as ±) inherent to ACS's sample-based methodology.