Last updated: 2024 BLS data · Page refreshed:
Frankfort has a population of 28,503 with a median age of 35.3. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 28,503 |
| Median Age | 35.3 |
| White | 72.9% |
| Black or African American | 14.2% |
| Asian | 2.3% |
| Hispanic or Latino | 6.4% |
| Other / Two or More Races | 4.2% |
The median household income in Frankfort is $53,073, which is 34.2% below the national median of $80,610. The per capita income is $33,900. The poverty rate is 19.1%.
The unemployment rate in Frankfort is 4.9%, compared to the national rate of 4.1%.
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In Frankfort, 90.8% of residents age 25+ have a high school diploma or higher, and 28.4% hold a bachelor's degree or higher (12.1% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 90.8% |
| Bachelor's Degree or Higher | 28.4% |
| Graduate or Professional Degree | 12.1% |
The median home value in Frankfort is $183,700, below the national median of $303,400. The median monthly rent is $944. The homeownership rate is 48.8%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $183,700 |
| Median Monthly Rent | $944 |
| Homeownership Rate | 48.8% |
| Vacancy Rate | 7.0% |
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