Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Frankfort, IN

Comprehensive demographics, housing data, local amenities, and economic statistics for Frankfort.

← Back to Frankfort Hub

Community Insights

Leading Industries
Retail · Finance & Insurance · Information & Media
32% retail
Home Value Growth⬆⬆⬆
+39.6% over 2 years
Family-Friendly
28% of residents
well above average
Homeowners
61% of occupied units

People & Demographics

Total Population16,070
Households
Under 18
28.0%
Age 18–34
29.0%
Age 35–64
30.0%
Age 65+
13.0%
Veterans
6.0%
Active Duty
0.0%

Housing & Living

Median Home Value$138,877
Median Gross Rent$948/mo
Owner Occupied
61.2%
Renter Occupied
38.8%
Detached Homes
Built Pre-1940

Economy & Income

Median Household Income$60,201
Poverty Rate

Key Industries

Healthcare7.0%
Professional Services1.0%
Manufacturing0.0%
Retail32.0%
Education1.0%

Amenities & Transit

Transit Score69 / 100
Walkability / Amenities59 / 100
Commute < 15m
Commute 60m+

Education

High School Grad
Bachelor's Degree
8.0%
Master's or Higher
3.0%
School Enrollment

Frequently Asked Questions

What is the population and demographic makeup of Frankfort?

The total population of Frankfort is approximately 16,070. The largest age group is 35-64 year olds. This demographic data is sourced from the U.S. Census Bureau.

Is Frankfort walkable and transit-friendly?

Based on local geographic data, Frankfort has an amenity and walkability score of 59/100 and a transit score of 69/100. This indicates moderate access to local amenities and transportation.

Do more people rent or own homes in Frankfort?

The housing market in Frankfort is predominantly driven by homeowners, with 61% of housing units being owner-occupied and 39% being renter-occupied.

What is the education level of residents in Frankfort?

In Frankfort, approximately 8% of adult residents hold a bachelor's degree or higher. Additionally, 3% of the population holds a master's degree or higher. This indicates the local educational attainment compared to state and national averages.