Last updated: 2024 BLS data · Page refreshed:
Frankfort has a population of 20,651 with a median age of 42.2. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 20,651 |
| Median Age | 42.2 |
| White | 76.1% |
| Black or African American | 10.3% |
| Asian | 2.6% |
| Hispanic or Latino | 7.0% |
| Other / Two or More Races | 4.0% |
The median household income in Frankfort is $154,375, which is 91.5% above the national median of $80,610. The per capita income is $62,793. The poverty rate is 3.2%.
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In Frankfort, 97.9% of residents age 25+ have a high school diploma or higher, and 59.3% hold a bachelor's degree or higher (28.3% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 97.9% |
| Bachelor's Degree or Higher | 59.3% |
| Graduate or Professional Degree | 28.3% |
The median home value in Frankfort is $481,200, above the national median of $303,400. The median monthly rent is $2,442. The homeownership rate is 94.8%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $481,200 |
| Median Monthly Rent | $2,442 |
| Homeownership Rate | 94.8% |
| Vacancy Rate | 3.6% |
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