Population, income, housing, safety, climate and schools for Frankton - drawn straight from Census ACS, FBI UCR, NOAA, NCES, HUD and FEMA, refreshed on the 2024–2025 release cycle.
Nationally, Frankton sits in the 42nd percentile for household income among US cities with a population of 1,000 or more. Source: Census ACS.
42nd
percentile, household income
17th
percentile, home value
37th
percentile, median rent
📝 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: Frankton, IN
1,789 people live in Frankton, Indiana - a small town by U.S. Census Bureau ACS 2023 estimates. Median household income here is $64,500 per year, below the median for U.S. cities on this measure, with a poverty rate of 9.2%. Home values in Frankton run a median of $120,200, and the median resident age is 39.5 years. About 12.8% of adults hold a bachelor's degree or higher, while 63.1% of working-age residents are in the labor force.
In 2024, 1 residential building permits were authorized in Frankton (Low Activity), per Census BPS data.
Living costs in Indiana run below the national norm: the state registers 93.3 on a 100-equals-national-average index (Below Average) per BEA Regional Price Parities 2024. A typical two-bedroom carries a HUD Fair Market Rent of $1,206 per month statewide. Statewide, average monthly utility bills in Indiana run around $235, per EIA 2023 residential energy data. FEMA's National Risk Index rates natural-hazard exposure at 77.3 out of 100 (High).
Population
1,789 residents
Census ACS 2023 - Indiana
Median Household Income
$64,500/yr
Poverty 9.2%
Cost of Living Index (state)
93.3 (US=100)
Below Average - BEA RPP 2024, Indiana average
How does Frankton compare to other US cities?
Frankton measured against every US city with 1,000+ residents, computed live from the same Census and FBI data shown throughout this page.
Household income42% higher than other cities
Home value17% pricier than other cities
Median rent37% pricier than other cities
"Safer than" reflects total crime rate from FBI UCR; the others use Census ACS estimates.
How we calculate these percentiles & ranks
Each percentile compares Frankton against every qualifying US city; each in-state rank narrows that to Indiana only. Full formula and direction notes: methodology.
Indiana-relative analysis
Median Gross Rent sits close to the middle of Indiana's city distribution
Among the 850 Indiana cities PlainCities tracks with reported median gross rent data, Frankton ranks #224 - the 72nd percentile within the state. This is a different, narrower cut than the nationwide percentiles above: it compares Frankton only against its own state's cities, not the full US field.
Median Household Income
#338 of 766
56th percentile in Indiana
Median Gross Rent
#224 of 850
72nd percentile in Indiana
Median Home Value
#461 of 771
40th percentile in Indiana
Poverty Rate
#331 of 849
61st percentile in Indiana
Bachelor's Degree or Higher
#494 of 850
42nd 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.
42nd percentile nationally for median household income. Source: Census ACS 2023 / FBI UCR 2023.
How Frankton's home value compares nationally
Median home value vs. every US city (population 1,000+)
$120,200Among the most affordablemore affordable than 83% of 15,600 US cities
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
Frankton, 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 Frankton, IN. Diagonal = perfect equality.
Key socioeconomic indicators
Bachelor's degree or higher (adults 25+)12.8%
Census ACS S1501, educational attainment
Poverty rate (households below FPL)9.2%
Census ACS S1701, poverty status
Labor force participation (adults 16+)63.1%
Census ACS S2301, share of working-age residents in the labor force
Population
1,789
Median Income
$64,500
Median Home Value
$120,200
Median Age
39.5
Poverty Rate
9.2%
Labor force participation
63.1%
Bachelor's Degree+
12.8%
Schools
Total Schools
2
Public schools in this city
Population Change
Annual U.S. Census Bureau Population Estimates Program (PEP) estimates, 2020–2025
Frankton's Census PEP population estimates, 2020–2025.
Housing Supply
Census Bureau Building Permits Survey (BPS) - annual residential permits authorized
🏗️ Low Activity
Total Permits (2024)
1
housing units authorized
Single-Family
1
detached homes
Multifamily
0
apartments & condos
Supply Intensity
0.6
permits per 1,000 residents
5-Year Permit Trend (2019–2024)
Year
Total
Single-Family
Multifamily
Est. Value
2019
0
0
0
-
2020
1
1
0
$0.0M
2021
2
2
0
$0.6M
2022
1
1
0
$0.3M
2023
3
1
2
$0.4M
2024
1
1
0
$0.1M
Commute Patterns
How workers travel to work, Census ACS 2023
Drive Alone
84.4%
Carpool
10.5%
Public Transit
0.0%
Walk
0.3%
Work from Home
4.3%
Based on 863 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 Frankton sits in
Census ACS 5-year FIPS IN NCES CCD Census BPS 2024 OMB Bulletin 23-01
What do people ask about Frankton, IN?
What is the population of Frankton, IN?+
1,789 people live in Frankton, IN according to U.S. Census Bureau ACS 2023 estimates.
What is the median household income in Frankton, IN?+
Median annual household income in Frankton runs $64,500, based on Census ACS 2023 data.
What is the cost of living in Frankton?+
BEA does not publish a city-level cost-of-living figure for Frankton; 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.
What is the median home value in Frankton, IN?+
Homes in Frankton carry a median value of $120,200, according to Census ACS 2023 estimates.
Source: U.S. Census Bureau ACS 5-Year 2023, 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.