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CITY · 2010 ACS

Frankfort

Indiana · 16,422 residents · 8.055 sq mi
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The short version

Frankfort has notably lower household income than the US average, with a median household income of $37,945. Population has held roughly steady since 2000. 12% of adults hold a bachelor's degree or higher, below the national rate of 28%. Median home value is $84,400.

At a glance
Lower income
below the US median
US median: $52,703
Younger
median age 33.5
US median: 37.2
Less educated
12% hold a bachelor's degree
US average: 28%
More affordable
home values down 12%, inflation adjusted
US median home: $225,659
Section 01

Population & growth

Total population
16,422
−1%since 2000
from 16,662 in 2000
1990 – 2025
Population density
2,039 / sq mi
−1%since 2000
from 2,069 / sq mi in 2000
US average: 261
Median age
33.5
−1%since 2000
from 34.0 in 2000
US average: 37.2
Population, 1990 – 2024
15K15K16K16K17K1990201020202024Frankfort
202416K
1990201020202024
Section 02

Income & economy

Median household income
$37,945
−10%inflation adjusted, since 2000
from $33,275 in 2000
US average: $52,703
1990 – 2024
Per capita income
$17,454
+13%since 2000
from $15,393 in 2000
US average: $27,286
Households earning $100K+
16.6%
−1.8 ptssince 2009
from 18.4% in 2009
US average: 33.3%
Poverty rate
16.3%
+4.6 ptssince 2000
from 11.7% in 2000
US average: 13.8%
Income inequality (Gini)
0.405
US average: 0.461
Workforce by industry, 2010
Retail trade28.4%
US avg: 10.9%
Information10.6%
US avg: 11.5%
Wholesale trade6.1%
US avg: 7.2%
Finance & insurance5.4%
US avg: 5.1%
Professional, scientific, technical4.8%
US avg: 4.2%
Other services3.7%
US avg: 7%
Transportation & warehousing3.1%
US avg: 3.1%
Arts, entertainment, food2.6%
US avg: 2.4%
Public administration2.3%
US avg: 4.9%
Agriculture, forestry, fishing1.8%
US avg: 1.9%
Construction1.8%
US avg: 1.4%
Education & health services0.6%
US avg: 0.9%
Manufacturing0%
US avg: 0.5%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$84,400
−12%inflation adjusted, since 2000
from $76,000 in 2000
US average: $225,659
1990 – 2024
Median gross rent
$624
+1%inflation adjusted, since 2000
from $488 in 2000
US average: $853
Owner-occupied
44.0%
−17.9 ptssince 2000
from 61.8% in 2000
39.7% rent
Vacancy rate
12.1%
−1.4 ptssince 2009
from 13.4% in 2009
US average: 12.1%
Owner cost-burdened
24.3%
+2.2 ptssince 2009
from 22.1% in 2009
US average: 30.9%
Renter cost-burdened
45.8%
+0.2 ptssince 2009
from 45.5% in 2009
US average: 46.8%
Afford Score
2.2
−3%since 2000
from 2.3 in 2000
1990 – 2024
RELATED:See current rent listings in Frankfort on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic85.2%(14,195)
Black0.3%(48)
Hispanic / Latino13.5%(2,255)
Asian0.2%(38)
Other0%
Diversity Score30.6%(5,092)
2010
White, non-Hispanic73.4%(12,055)
Black0.6%(101)
Hispanic / Latino25%(4,098)
Asian0.1%(24)
Other1.1%(183)
Diversity Score50.2%(8,242)
Diversity Score
50
+64%since 2000
from 31 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
12.1%
+4.3 ptssince 2000
from 7.8% in 2000
US average: 27.9%
High school or higher
71.5%
−2.3 ptssince 2000
from 73.8% in 2000
US average: 84.9%
Graduate degree
5.3%
+2.7 ptssince 2000
from 2.5% in 2000
US average: 10.2%
Section 06

Commute & transportation

Average commute
19.6 min
+54%since 2000
from 12.7 min in 2000
US average: 25.2
Drive alone to work
79.3%
+0.6 ptssince 2009
from 78.8% in 2009
US average: 76.2%
Carpooled to work
15.1%
−2.5 ptssince 2009
from 17.6% in 2009
US average: 10.4%
Public transit
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 4.7%
Worked from home
1.3%
+0.5 ptssince 2009
from 0.8% in 2009
US average: 4.1%
Walked to work
1.8%
+0.3 ptssince 2009
from 1.5% in 2009
US average: 2.8%
Biked to work
0.5%
−0.1 ptssince 2009
from 0.5% in 2009
US average: 0.5%
No vehicle available
9.7%
+0.2 ptssince 2009
from 9.6% in 2009
US average: 8.7%
Section 07

Work & employment

Self-employed
8.3%
−0.9 ptssince 2009
from 9.2% in 2009
US average: 12.9%
Management & professional
18.3%
−34.7 ptssince 2009
from 53.0% in 2009
US average: 35.2%
Section 08

People & community

Male
48.0%
+0.2 ptssince 2009
from 47.8% in 2009
Female
52.0%
−0.2 ptssince 2009
from 52.2% in 2009
Foreign born
12.6%
−2.1 ptssince 2009
from 14.8% in 2009
US average: 12.8%
Veterans
10.1%
−38.4 ptssince 2009
from 48.5% in 2009
US average: 9.9%
Drill deeper

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Compare Frankfort to nearby cities

FRANKFORT VS
Lebanon
Income$65,154+72%
Home value$195,600+132%
Population17,913+6%
SEE FULL COMPARISON →
FRANKFORT VS
Lafayette
Income$53,716+42%
Home value$172,800+105%
Population71,238+323%
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FRANKFORT VS
Zionsville
Income$172,024+353%
Home value$587,800+596%
Population33,624+100%
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FRANKFORT VS
Whitestown
Income$123,643+226%
Home value$373,500+343%
Population15,767−6%
SEE FULL COMPARISON →
Frequently asked

How many people live in Frankfort, Indiana?

Frankfort, Indiana has about 16,422 residents according to the 2010 American Community Survey.

What is the median household income in Frankfort, Indiana?

The typical household in Frankfort, Indiana earns about $37,945 a year. Half of households make more than that, and half make less.

Is Frankfort, Indiana expensive?

In Frankfort, Indiana, the median home is worth about $84,400, and the typical rent is about $624 a month.

How educated are people in Frankfort, Indiana?

About 12.1% of adults age 25 and over in Frankfort, Indiana hold a bachelor's degree or higher.

What is the poverty rate in Frankfort, Indiana?

About 16.3% of people in Frankfort, Indiana live below the federal poverty line.

Has Frankfort, Indiana grown since 1990?

Yes, Frankfort, Indiana has grown since 1990. The population has added about 1,668 residents, a change of about 11 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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