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MICROPOLITAN AREA · 2020 ACS

Frankfort Micro

Frankfort, KY · 2 counties · 75,393 residents · 410.169 sq mi
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The short version

Frankfort has lower-than-average household income, with a median household income of $57,587. Population has held roughly steady since 2000. Median home value has risen by half since 2000, reaching $152,494.

At a glance
Lower income
below the US median
US median: $66,278
Older
median age 41.5
US median: 38.8
Average education
28% hold a bachelor's degree
US average: 33%
Stable housing
home values roughly flat, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
75,393
+13%since 2000
from 66,798 in 2000
1990 – 2025
Population density
184 / sq mi
+13%since 2000
from 163 / sq mi in 2000
US average: 280
Median age
41.5
+13%since 2000
from 36.6 in 2000
US average: 38.8
Population, 1990 – 2024
57K62K67K73K78K1990201020202024Frankfort
202476K
1990201020202024
Section 02

Income & economy

Median household income
$57,587
−8%inflation adjusted, since 2000
from $41,562 in 2000
US average: $66,278
1990 – 2024
Per capita income
$30,776
+50%since 2000
from $20,483 in 2000
US average: $35,364
Households earning $100K+
38.1%
+10.2 ptssince 2009
from 27.9% in 2009
US average: 43.9%
Poverty rate
13.8%
+4.0 ptssince 2000
from 9.8% in 2000
US average: 12.8%
Workforce by industry, 2020
Retail trade12%
US avg: 10%
Information11.5%
US avg: 11.1%
Wholesale trade6.5%
US avg: 6.7%
Finance & insurance4.5%
US avg: 5.5%
Other services3.8%
US avg: 6.6%
Professional, scientific, technical3%
US avg: 4.7%
Public administration2.9%
US avg: 4.7%
Agriculture, forestry, fishing2.5%
US avg: 1.7%
Construction2.5%
US avg: 1.2%
Education & health services1.6%
US avg: 0.8%
Arts, entertainment, food1.5%
US avg: 2%
Transportation & warehousing1.2%
US avg: 2.5%
Manufacturing0%
US avg: 0.5%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$152,494
+13%inflation adjusted, since 2000
from $89,772 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$772
+4%inflation adjusted, since 2000
from $494 in 2000
US average: $1,124
Owner-occupied
66.5%
−2.6 ptssince 2000
from 69.1% in 2000
33.5% rent
Afford Score
2.6
+23%since 2000
from 2.2 in 2000
1990 – 2024
RELATED:See current rent listings in Frankfort on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic89.9%(60,032)
Black7.3%(4,884)
Hispanic / Latino1%(684)
Asian0.5%(362)
Other0%
Diversity Score20.8%(13,869)
Segregation Score0%
2020
White, non-Hispanic83.5%(62,936)
Black6.5%(4,926)
Hispanic / Latino3.4%(2,568)
Asian1.5%(1,135)
Other2.8%(2,140)
Diversity Score33%(24,890)
Segregation Score37.7%(28,391)
Diversity Score
33
+59%since 2000
from 21 in 2000
1990 – 2024
Segregation Score
38
Section 05

Education

Bachelor's degree or higher
28.2%
+7.7 ptssince 2000
from 20.5% in 2000
US average: 32.9%
High school or higher
90.3%
+11.0 ptssince 2000
from 79.2% in 2000
US average: 88.5%
Graduate degree
11.2%
+3.9 ptssince 2000
from 7.3% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
22.2 min
+59%since 2000
from 13.9 min in 2000
US average: 26.9
Drive alone to work
80.7%
+0.1 ptssince 2009
from 80.6% in 2009
US average: 75.1%
No vehicle available
6.1%
+1.1 ptssince 2009
from 5.1% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
5.2%
−3.1 ptssince 2011
from 8.3% in 2011
US average: 5.4%
Labor force participation
61.4%
−3.0 ptssince 2011
from 64.4% in 2011
US average: 63.4%
Management & professional
38.4%
−25.1 ptssince 2009
from 63.5% in 2009
US average: 39.3%
Section 08

People & community

Male
48.6%
−0.2 ptssince 2009
from 48.9% in 2009
Female
51.4%
+0.2 ptssince 2009
from 51.1% in 2009
Foreign born
3.2%
+0.9 ptssince 2009
from 2.3% in 2009
US average: 13.5%
Uninsured
6.5%
−80.1 ptssince 2013
from 86.6% in 2013
US average: 8.8%
In this metro

Principal cities

FrankfortCENTRAL28,657
What's inside

2 component counties

Franklin CountyCENTRAL52,649Anderson County25,225
Drill deeper

Metros similar to Frankfort

Hobbs
Pop 74,749
Grand Island
Pop 78,076
Auburn
Pop 74,365
Great Falls
Pop 85,029
Places similar to Frankfort
Head to head

Compare Frankfort side by side

FRANKFORT VS
Hobbs
Income$68,015+18%
Home value$184,000+21%
Population74,749−4%
SEE FULL COMPARISON →
FRANKFORT VS
Grand Island
Income$69,800+21%
Home value$218,383+43%
Population78,076same
SEE FULL COMPARISON →
FRANKFORT VS
Auburn
Income$67,904+18%
Home value$171,000+12%
Population74,365−5%
SEE FULL COMPARISON →
FRANKFORT VS
Great Falls
Income$67,690+18%
Home value$265,300+74%
Population85,029+9%
SEE FULL COMPARISON →
Frequently asked

How many people live in Frankfort, KY?

Frankfort, KY has about 75,393 residents according to the 2020 American Community Survey.

What is the median household income in Frankfort, KY?

The typical household in Frankfort, KY earns about $57,587 a year. Half of households make more than that, and half make less.

Is Frankfort, KY expensive?

In Frankfort, KY, the median home is worth about $152,494, and the typical rent is about $772 a month.

How educated are people in Frankfort, KY?

About 28.2% of adults age 25 and over in Frankfort, KY hold a bachelor's degree or higher.

What is the poverty rate in Frankfort, KY?

About 13.8% of people in Frankfort, KY live below the federal poverty line.

Has Frankfort, KY grown since 1990?

Yes, Frankfort, KY has grown since 1990. The population has added about 17,041 residents, a change of about 29 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · METRO ROLLUP OF COMPONENT COUNTIES · UPDATED 2024

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