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Frankfort, Ohio

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
1,171
Population
$67,500
Median Income
$168,200
Home Value
44.3
Median Age

Demographics

Frankfort has a population of 1,171 with a median age of 44.3. Here is the racial and ethnic breakdown of the population:

White
95.3%
Other
3.4%
Black
1.1%
Demographic Value
Total Population1,171
Median Age44.3
White95.3%
Black or African American1.1%
Hispanic or Latino0.2%
Other / Two or More Races3.4%
Frankfort, Ohio — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 100.White: 95.3%Other: 3.4%Other: 1.3%1,171PopulationWhiteWhite95.3%OtherOther3.4%OtherOther1.3%

Income & Economy

The median household income in Frankfort is $67,500, which is 16.3% below the national median of $80,610. The per capita income is $31,470. The poverty rate is 9.7%.

$67,500
Median Household Income
$31,470
Per Capita Income
9.7%
Poverty Rate

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Education

In Frankfort, 91.6% of residents age 25+ have a high school diploma or higher, and 14.5% hold a bachelor's degree or higher (3.9% with a graduate or professional degree).

HS Diploma+
91.6%
Bachelor's+
14.5%
Graduate+
3.9%
Education Level % of Adults (25+)
High School Diploma or Higher91.6%
Bachelor's Degree or Higher14.5%
Graduate or Professional Degree3.9%

Housing

The median home value in Frankfort is $168,200, below the national median of $303,400. The median monthly rent is $852. The homeownership rate is 65.7%.

$168,200
Median Home Value
$852/mo
Median Rent
65.7%
Homeownership Rate
Housing Metric Value
Median Home Value$168,200
Median Monthly Rent$852
Homeownership Rate65.7%
Vacancy Rate11.7%

Salaries in Ohio

Explore salary data for popular occupations in Ohio:

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Other Cities in Ohio

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Frequently Asked Questions

What is the population of Frankfort, Ohio?
The population of Frankfort, Ohio is 1,171 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Frankfort, Ohio?
The median household income in Frankfort, Ohio is $67,500. This is 16.3% below the national median of $80,610.
What is the median home value in Frankfort, Ohio?
The median home value in Frankfort, Ohio is $168,200. The median monthly rent is $852.
What percentage of people in Frankfort have a college degree?
In Frankfort, Ohio, 14.5% of adults age 25 and older hold a bachelor's degree or higher, and 91.6% have a high school diploma or higher.
Is Frankfort, Ohio an affordable place to live?
The home price-to-income ratio in Frankfort, Ohio is 2.5x (median home value $168,200 vs. median income $67,500), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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