Median Household Income
$68,611 ± $11,833
Median Home Value
$140,400 ± $18,766
Median Gross Rent
$1,186 ± $153/mo
Per Capita Income
$34,273
Poverty Rate
9.2%
Unemployment Rate
3.3%
Homeownership Rate
83.5%
Bachelor's Degree or Higher
13.7%
Median Age
40.6
Average Commute
31 min
Households
660
Veterans
77
Population Over Time
Frankton shrank 6.6% from 2014 to 2024.
2014
1,775
2016
1,819
2018
1,980
2020
2,107
2022
1,849
2024
1,658
Population by Race & Ethnicity
White
94.9%
Hispanic or Latino
4.0%
Black or African American
0.1%
Asian
1.0%
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.