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CITY

Frankfort

Kentucky · 28,657 residents (2025 est.) · 14.77 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 $53,073. Population has held roughly steady since 2000. Median home value has more than doubled since 2000, reaching $183,700.

At a glance
Lower income
below the US median
US median: $82,259
Younger
median age 35.3
US median: 38.9
Less educated
28% hold a bachelor's degree
US average: 36%
Stable housing
home values roughly flat, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
28,503
+3%since 2000
from 27,741 in 2000
1990 – 2025
Population density
1,930 / sq mi
+3%since 2000
from 1,878 / sq mi in 2000
US average: 281
Median age
35.3
−2%since 2000
from 35.9 in 2000
US average: 38.9

PEP 2025 EST:28,657 residents (Census Bureau Vintage 2025, released March 2026)

Population, 1990 – 2024
25K26K27K28K29K1990201020202024Frankfort
202429K
1990201020202024
Section 02

Income & economy

Median household income
$53,073
−17%inflation adjusted, since 2000
from $34,980 in 2000
US average: $82,259
1990 – 2024
Per capita income
$33,900
+65%since 2000
from $20,512 in 2000
US average: $44,673
Households earning $100K+
35.5%
+13.7 ptssince 2009
from 21.9% in 2009
US average: 53.3%
Poverty rate
19.1%
+5.1 ptssince 2000
from 13.9% in 2000
US average: 12.5%
Income inequality (Gini)
0.460
+7%since 2010
from 0.432 in 2010
US average: 0.476
Workforce by industry, 2024
Information11%
US avg: 10.8%
Retail trade9.5%
US avg: 9.9%
Wholesale trade6.2%
US avg: 6.9%
Finance & insurance4.1%
US avg: 5.9%
Other services3.9%
US avg: 6.7%
Public administration3.2%
US avg: 4.8%
Professional, scientific, technical3.1%
US avg: 5.1%
Education & health services1%
US avg: 0.9%
Transportation & warehousing0.9%
US avg: 2.2%
Arts, entertainment, food0.8%
US avg: 1.9%
Agriculture, forestry, fishing0.6%
US avg: 1.6%
Construction0.6%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$183,700
+15%inflation adjusted, since 2000
from $87,600 in 2000
US average: $376,019
1990 – 2024
Median gross rent
$944
+9%inflation adjusted, since 2000
from $474 in 2000
US average: $1,442
Owner-occupied
48.8%
−3.2 ptssince 2000
from 52.0% in 2000
51.2% rent
Vacancy rate
7.0%
−3.2 ptssince 2009
from 10.2% in 2009
US average: 10.0%
Owner cost-burdened
21.6%
+2.8 ptssince 2009
from 18.8% in 2009
US average: 22.9%
Renter cost-burdened
44.5%
+3.0 ptssince 2009
from 41.5% in 2009
US average: 47.4%
Afford Score
3.5
+38%since 2000
from 2.5 in 2000
1990 – 2024
Gentrification Score
35
RELATED:See current rent listings in Frankfort on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic81.1%(22,505)
Black14.6%(4,057)
Hispanic / Latino1.5%(411)
Asian0.9%(259)
Other0%
Diversity Score36.8%(10,213)
2024
White, non-Hispanic72%(20,527)
Black14.2%(4,047)
Hispanic / Latino6.4%(1,837)
Asian2.3%(664)
Other5%(1,428)
Diversity Score56.7%(16,175)
Diversity Score
57
+54%since 2000
from 37 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
28.4%
+3.5 ptssince 2000
from 24.9% in 2000
US average: 35.6%
High school or higher
90.8%
+11.6 ptssince 2000
from 79.2% in 2000
US average: 89.6%
Graduate degree
12.1%
+3.1 ptssince 2000
from 9.0% in 2000
US average: 14.0%
Section 06

Commute & transportation

Average commute
17.0 min
+49%since 2000
from 11.4 min in 2000
US average: 26.5
Drive alone to work
74.5%
−1.7 ptssince 2009
from 76.3% in 2009
US average: 68.9%
Carpooled to work
10.7%
−3.2 ptssince 2009
from 13.8% in 2009
US average: 8.5%
Public transit
1.3%
+0.1 ptssince 2009
from 1.2% in 2009
US average: 3.2%
Worked from home
10.8%
+7.9 ptssince 2009
from 2.9% in 2009
US average: 15.0%
Walked to work
2.2%
−1.3 ptssince 2009
from 3.5% in 2009
US average: 2.4%
Biked to work
0.0%
−0.1 ptssince 2009
from 0.2% in 2009
US average: 0.4%
No vehicle available
7.7%
−1.4 ptssince 2009
from 9.1% in 2009
US average: 8.3%
Section 07

Work & employment

Unemployment rate
7.8%
−2.3 ptssince 2011
from 10.1% in 2011
US average: 5.2%
Labor force participation
63.7%
+0.9 ptssince 2011
from 62.8% in 2011
US average: 63.5%
Self-employed
24.6%
+0.6 ptssince 2009
from 24.0% in 2009
US average: 13.1%
Management & professional
42.7%
−22.0 ptssince 2009
from 64.7% in 2009
US average: 42.5%
Section 08

People & community

Male
49.3%
+0.6 ptssince 2009
from 48.7% in 2009
Female
50.7%
−0.6 ptssince 2009
from 51.3% in 2009
Foreign born
5.7%
+2.5 ptssince 2009
from 3.2% in 2009
US average: 14.1%
Veterans
5.2%
−42.5 ptssince 2009
from 47.6% in 2009
US average: 6.2%
With a disability
16.1%
−1.4 ptssince 2012
from 17.5% in 2012
US average: 13.3%
Uninsured
5.8%
−78.6 ptssince 2013
from 84.4% in 2013
US average: 8.4%
Broadband at home
83.4%
+8.5 ptssince 2017
from 74.9% in 2017
US average: 91.0%
English only at home
91.9%
−1.7 ptssince 2016
from 93.5% in 2016
US average: 77.7%
Spanish at home
4.3%
+0.9 ptssince 2016
from 3.4% in 2016
US average: 13.6%
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Compare Frankfort to nearby cities

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Home value$201,100+9%
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FRANKFORT VS
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FRANKFORT VS
Georgetown
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Home value$265,400+44%
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FRANKFORT VS
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Income$75,610+42%
Home value$257,100+40%
Population18,453−36%
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Frequently asked

How many people live in Frankfort, Kentucky?

Frankfort, Kentucky has about 28,503 residents according to the 2024 American Community Survey.

What is the median household income in Frankfort, Kentucky?

The typical household in Frankfort, Kentucky earns about $53,073 a year. Half of households make more than that, and half make less.

Is Frankfort, Kentucky expensive?

In Frankfort, Kentucky, the median home is worth about $183,700, and the typical rent is about $944 a month.

How educated are people in Frankfort, Kentucky?

About 28.4% of adults age 25 and over in Frankfort, Kentucky hold a bachelor's degree or higher.

What is the poverty rate in Frankfort, Kentucky?

About 19.1% of people in Frankfort, Kentucky live below the federal poverty line.

Has Frankfort, Kentucky grown since 1990?

Yes, Frankfort, Kentucky has grown since 1990. The population has added about 2,535 residents, a change of about 10 percent over that period.

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

How we source and harmonize this data →