Last updated: 2024 BLS data · Page refreshed:
Frankfort has a population of 1,225 with a median age of 62.3. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 1,225 |
| Median Age | 62.3 |
| White | 93.1% |
| Black or African American | 2.0% |
| Asian | 1.4% |
| Hispanic or Latino | 2.4% |
| Other / Two or More Races | 1.1% |
The median household income in Frankfort is $54,327, which is 32.6% below the national median of $80,610. The per capita income is $40,366. The poverty rate is 12.3%.
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In Frankfort, 94.1% of residents age 25+ have a high school diploma or higher, and 39.7% hold a bachelor's degree or higher (21.7% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 94.1% |
| Bachelor's Degree or Higher | 39.7% |
| Graduate or Professional Degree | 21.7% |
The median home value in Frankfort is $350,000, above the national median of $303,400. The median monthly rent is $876. The homeownership rate is 64.1%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $350,000 |
| Median Monthly Rent | $876 |
| Homeownership Rate | 64.1% |
| Vacancy Rate | 37.9% |
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