City profile · Indiana · Census ACS 2023

Frankfort, IN

Population, income, housing, safety, climate and schools for Frankfort - drawn straight from Census ACS, FBI UCR, NOAA, NCES, HUD and FEMA, refreshed on the 2024–2025 release cycle.

15,536
Residents
$53,522
Median income
$122,800
Median home
$1,007
Median rent (state)

Frankfort - the verdict

Frankfort ranks in the 25th percentile for household income and the 57th percentile for safety nationally, out of every US city with at least 1,000 residents. Source: Census ACS + FBI UCR.

25th
percentile, household income
18th
percentile, home value
20th
percentile, median rent
57th
percentile, safety
📝 How we sourced this

Population, income, and housing-cost figures come from the U.S. Census Bureau American Community Survey 5-year estimates (B-series tables). Crime data uses FBI UCR; climate uses NOAA Climate Normals; school counts come from NCES Common Core of Data; permits use the Census Building Permits Survey (BPS). See our methodology page for the full ETL pipeline and OMB / FIPS join keys.

Data Snapshot: Frankfort, IN

15,536 people live in Frankfort, Indiana - a small town by U.S. Census Bureau ACS 2023 estimates. The typical household in Frankfort brings in $53,522 a year, below the median for U.S. cities on this measure, with a poverty rate of 7.8%. Typical homes in Frankfort are valued around $122,800, and the median resident age is 35.1 years. 11.9% of adults here have a bachelor's degree or higher; 62.5% of working-age residents are in the labor force.

The Census Building Permit Survey recorded 23 residential units authorized here in 2024 (Building Boom), up 229% from five years earlier. Frankfort reports a comparatively low crime rate: FBI UCR figures show 1170.8 crimes per 100,000 residents, below the national average (reporting is voluntary across agencies, so treat this as reporting activity rather than a definitive danger score).

Living costs in Indiana run below the national norm: on BEA's 100-equals-national-average cost index, Indiana scores 93.3 (Below Average), per the 2024 Regional Price Parities release. A typical two-bedroom carries a HUD Fair Market Rent of $1,007 per month statewide. Monthly utility costs average around $235 across Indiana, per EIA 2023 residential energy estimates. Natural-hazard exposure scores 30.5 out of 100 on FEMA's National Risk Index (Very Low).

Population

15,536 residents

Census ACS 2023 - Indiana

Median Household Income

$53,522 /yr

Poverty 7.8%

Cost of Living Index (state)

93.3 (US=100)

Below Average - BEA RPP 2024, Indiana average

How does Frankfort compare to other US cities?

Where Frankfort sits among all US cities (population 1,000+) on each measure, computed live from Census and FBI data.

Household income 25% higher than other cities
Home value 18% pricier than other cities
Median rent 20% pricier than other cities
Safety 57% safer than other cities

"Safer than" reflects total crime rate from FBI UCR; the others use Census ACS estimates.

National percentiles can mask local variation. Looking only at Indiana, Frankfort ranks #59 of 109 Indiana cities by lowest crime rate - a narrower, more locally useful cut than the national comparison above.

How we calculate these percentiles & ranks

Each percentile compares Frankfort against every qualifying US city; each in-state rank narrows that to Indiana only. Full formula and direction notes: methodology.

Indiana-relative analysis

Bachelor's Degree or Higher sits close to the middle of Indiana's city distribution

Among the 850 Indiana cities PlainCities tracks with reported bachelor's degree or higher data, Frankfort ranks #526 - the 38th percentile within the state. This is a different, narrower cut than the nationwide percentiles above: it compares Frankfort only against its own state's cities, not the full US field.

Median Household Income
#536 of 766
30th percentile in Indiana
Median Gross Rent
#477 of 850
43rd percentile in Indiana
Median Home Value
#442 of 771
43rd percentile in Indiana
Poverty Rate
#383 of 849
55th percentile in Indiana
Bachelor's Degree or Higher
#526 of 850
38th percentile in Indiana

Ranked by raw value (highest first); a higher rank is not automatically "better" for every measure, see each metric's own context above. This is a comparison within Indiana only, not a livability score. See the methodology for the source and calculation.

25thIncome percentile
57thSafety percentile

25th percentile nationally for median household income · 57th percentile for safety (lower crime rate). Source: Census ACS 2023 / FBI UCR 2023.

Frankfort's profile vs. every US city

Income, affordability, and safety percentile

Frankfort's percentile rank on 3 favorable-direction measures (income, affordability, safety) vs. every tracked US city -- higher on every axis is more favorable. Not a composite quality score, just the arithmetic mean of the axes shown. 3-axis radar comparing 1 series across Income, Affordability, Safety. IncomeAffordabilitySafety 54 Avg. percentile National median
Frankfort's percentile rank on 3 favorable-direction measures (income, affordability, safety) vs. every tracked US city -- higher on every axis is more favorable. Not a composite quality score, just the arithmetic mean of the axes shown.

How Frankfort's home value compares nationally

Median home value vs. every US city (population 1,000+)

$122,800 Among the most affordable more affordable than 82% of 15,600 US cities

$0–$25,000: 5 US cities (0%). Below this entry. $25,000–$50,000: 54 US cities (0%). Below this entry. $50,000–$75,000: 352 US cities (2%). Below this entry. $75,000–$100,000: 1,086 US cities (7%). Below this entry. $100,000–$125,000: 1,516 US cities (10%). This entry sits in this band. $125,000–$150,000: 1,170 US cities (8%). Above this entry. $150,000–$175,000: 1,278 US cities (8%). Above this entry. $175,000–$200,000: 1,229 US cities (8%). Above this entry. $200,000–$225,000: 1,035 US cities (7%). Above this entry. $225,000–$250,000: 976 US cities (6%). Above this entry. $250,000–$275,000: 754 US cities (5%). Above this entry. $275,000–$300,000: 712 US cities (5%). Above this entry. $300,000–$325,000: 521 US cities (3%). Above this entry. $325,000–$350,000: 526 US cities (3%). Above this entry. $350,000–$375,000: 465 US cities (3%). Above this entry. $375,000–$400,000: 393 US cities (3%). Above this entry. $400,000–$425,000: 317 US cities (2%). Above this entry. $425,000–$450,000: 300 US cities (2%). Above this entry. $450,000–$475,000: 307 US cities (2%). Above this entry. $475,000–$500,000: 250 US cities (2%). Above this entry. $500,000–$525,000: 160 US cities (1%). Above this entry. $525,000–$550,000: 156 US cities (1%). Above this entry. $550,000–$575,000: 172 US cities (1%). Above this entry. $575,000–$600,000: 172 US cities (1%). Above this entry. $600,000–$625,000: 163 US cities (1%). Above this entry. $625,000–$650,000: 167 US cities (1%). Above this entry. $650,000–$675,000: 135 US cities (1%). Above this entry. $675,000–$700,000: 101 US cities (1%). Above this entry. $700,000–$725,000: 95 US cities (1%). Above this entry. $725,000–$750,000: 71 US cities (0%). Above this entry. $750,000–$775,000: 65 US cities (0%). Above this entry. $775,000–$800,000: 70 US cities (0%). Above this entry. $800,000–$825,000: 57 US cities (0%). Above this entry. $825,000–$850,000: 67 US cities (0%). Above this entry. $850,000–$875,000: 60 US cities (0%). Above this entry. $875,000–$900,000: 58 US cities (0%). Above this entry. $900,000–$925,000: 47 US cities (0%). Above this entry. $925,000–$950,000: 37 US cities (0%). Above this entry. $950,000–$975,000: 31 US cities (0%). Above this entry. $975,000–$1,000,000: 470 US cities (3%). Above this entry. $1,000,000–$1,025,000: 0 US cities (0%). Above this entry. Frankfort $0 $1,025,000 every US city, bucketed by value

Each bar is a $25K-wide band; taller bars hold more US cities. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Census Bureau ACS 5-Year Estimates · 2023

Income distribution context

Household income distribution - Frankfort, IN Frankfort, IN's reported median household income shown against the U.S. national quintile-share pattern (not Frankfort, IN-specific quintile data). The Lorenz curve traces the national cumulative income share against cumulative population share, perfect equality is the diagonal; observed inequality bows below. $ Household Income Distribution Frankfort, IN median $53,522/yr, vs. U.S. national quintile pattern QUINTILE SHARE OF AGGREGATE INCOME Lowest 20% 3.4% Second 20% 9.2% Middle 20% 15.1% Fourth 20% 23.2% Top 20% 49.1% LORENZ CURVE cumulative income vs. population 100% 0% 100% pop. 0%
Frankfort, IN's median household income (Census ACS 5-year estimate) plotted against the U.S. national income-quintile distribution pattern for context; the quintile shares and Lorenz curve are national figures, not computed specifically for Frankfort, IN. Diagonal = perfect equality.

Key socioeconomic indicators

Bachelor's degree or higher (adults 25+) 11.9%

Census ACS S1501, educational attainment

Poverty rate (households below FPL) 7.8%

Census ACS S1701, poverty status

Labor force participation (adults 16+) 62.5%

Census ACS S2301, share of working-age residents in the labor force

Population
15,536
Median Income
$53,522
Median Home Value
$122,800
Median Age
35.1
Poverty Rate
7.8%
Labor force participation
62.5%
Bachelor's Degree+
11.9%

Safety & Crime

Total Crime Rate
1170.8
per 100,000 residents
Violent Crime
110.3
per 100,000 residents
Property Crime
1060.5
per 100,000 residents

Reflects incidents reported to the FBI's Uniform Crime Reporting program — agency participation is voluntary and reporting completeness varies by jurisdiction and year, so this reflects reporting activity, not a definitive danger score. Not adjusted for tourism, commuter, or daytime population.

Schools

Total Schools
7
Public schools in this city

Population Change

Annual U.S. Census Bureau Population Estimates Program (PEP) estimates, 2020–2025

See the fastest-growing cities →
16,600 residents16,700 residents16,800 residents16,900 residents 202020212022202320242025 16,876 residents 16,837 residents ▼ -0.2%
Frankfort's Census PEP population estimates, 2020–2025.

Housing Supply

Census Bureau Building Permits Survey (BPS) - annual residential permits authorized

📈 Building Boom
Total Permits (2024)
23
housing units authorized
Single-Family
23
detached homes
Multifamily
0
apartments & condos
Supply Intensity
1.5
permits per 1,000 residents

5-Year Permit Trend (2019–2024)

Year Total
2019 7
2020 9
2021 18
2022 27
2023 11
2024 23

Permit volume increased 229% from 2019 to 2024.

Commute Patterns

How workers travel to work, Census ACS 2023

Drive Alone
82.9%
Carpool
12.2%
Public Transit
0.1%
Walk
0.6%
Work from Home
3.3%
Other
0.9%

Based on 7,448 workers 16 and over.

Monthly Utility Costs

State-average estimates for Indiana - EIA 2023 residential energy data

Electricity
$110
avg/month
Natural Gas
$80
avg/month
Water & Sewer
$45
avg/month
Total Utilities
$235
estimated/month

Estimates reflect Indiana state averages. Actual costs vary by home size, usage, and local rates. Source: U.S. Energy Information Administration (EIA) 2023.

Living Costs & Risk

Cost of living is a Indiana state average from BEA; rent and hazard risk are county-level figures from HUD and FEMA for the county Frankfort sits in

Cost of Living Index
93.3
Below Average
US average = 100 · BEA RPP 2024
Typical 2-BR Rent
$1,007/mo
HUD Fair Market Rent
County-level FMR estimate
Natural Hazard Risk
30.5 / 100
Very Low
FEMA NRI composite score (county)

Similar Cities in Indiana

New Haven
15,339 people
Beech Grove
15,082 people
Griffith
16,228 people
Cedar Lake
14,686 people
Dyer
16,400 people
Crawfordsville
16,408 people

Cities of a Similar Size Nationwide

Population-matched peers from other states, closest to Frankfort's 15,536 residents (Census ACS 5-Year 2023).

Jackson, MO
15,532 people
Tanque Verde, AZ
15,531 people
Greeneville, TN
15,531 people
Yulee, FL
15,521 people
Shively, KY
15,556 people
Berea, KY
15,557 people

Cities with a Similar Household Income Nationwide

Median-household-income-matched peers from other states, closest to Frankfort's $53,522 (Census ACS 5-Year 2023, table B19013).

Island Falls, ME
$53,523 median income
Ocala, FL
$53,520 median income
McArthur, OH
$53,519 median income
Chesapeake Landing, MD
$53,516 median income
Wagram, NC
$53,516 median income
Creston, WA
$53,516 median income

Race & Ethnicity Composition

Race and ethnicity - Frankfort, IN Race categories sum to one hundred percent per Census methodology. Hispanic or Latino is shown separately as an ethnicity overlay; it cuts across all race categories per OMB Directive 15. Race & Ethnicity Composition Frankfort, IN - Census ACS, OMB race + ethnicity categories RACE, sums to 100% 72.8% 9.6% 15.9% ETHNICITY, Hispanic or Latino (any race) 31.6% White 72.8% Black or African American 1.0% Asian 0.5% American Indian 0.1% Native Hawaiian 0.0% Some other race 9.6% Two or more races 15.9% Per OMB Directive 15: Hispanic/Latino ethnicity is reported separately from the race categories.
Race categories sum to 100%. Hispanic or Latino ethnicity is reported separately and cuts across race per Census/OMB methodology.

City-level race and ethnicity, Census ACS 5-year 2023 (tables B02001, B03001), OMB Directive 15 categories.

How Frankfort compares to nearby Indiana cities

Population + median household income, sourced from Census Bureau ACS 5-year B01001 (population) and B19013 (median household income).

City Population Median Household Income
Frankfort (this city) 15,536 $53,522
New Haven 15,339 $67,121
Beech Grove 15,082 $49,452
Griffith 16,228 $76,009
Census ACS 5-year FIPS IN FBI UCR NCES CCD Census BPS 2024 OMB Bulletin 23-01

What do people ask about Frankfort, IN?

What is the population of Frankfort, IN? +

Frankfort, IN counts 15,536 residents according to U.S. Census Bureau ACS 2023 estimates.

What is the median household income in Frankfort, IN? +

Median annual household income in Frankfort runs $53,522, based on Census ACS 2023 data.

What is the cost of living in Frankfort? +

BEA does not publish a city-level cost-of-living figure for Frankfort; the closest available measure is the Indiana state average, a cost of living index of 93.3 (U.S. average = 100), rated "Below Average" based on BEA Regional Price Parities 2024 data. Costs within Indiana vary by metro area.

Is Frankfort, IN safe? +

Frankfort has a total crime rate of 1170.8 per 100,000 residents, which is below the national average. This reflects incidents reported to the FBI UCR program, not a definitive safety score -- agency reporting is voluntary and completeness varies by jurisdiction.

What is the median home value in Frankfort, IN? +

Frankfort's median home value sits at $122,800, according to Census ACS 2023 estimates.

Source: U.S. Census Bureau ACS 5-Year 2023, FBI UCR, NCES CCD, Census BPS 2024, Census ACS B08301/B08136, U.S. Energy Information Administration (EIA) 2023, BEA Regional Price Parities 2024, HUD Fair Market Rents 2026, FEMA National Risk Index.

Read our methodology - how this data is sourced, computed, and verified.

Primary sources: Census ACS, FBI UCR, NOAA Climate Normals, NCES.

Citation & verification links Data sourced from the U.S. Census Bureau. See our methodology for details. Retrieved and formatted by PlainCities

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Every figure on PlainCities is rendered directly from Census ACS source data, no number is typed in by an editor. This page draws directly on Census ACS source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.