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ZipNumbers

Indiana · Census place 25324

Frankfort city, IN

Quick answer

Frankfort city has 15,536 residents, ranking #60 of 976 places in Indiana. Median household income is $53,522, the median home is worth $122,800 and median gross rent runs $888 a month.

Population
15,536Frankfort city residents
Median household income
$53,522Past 12 months, inflation adjusted
Median home value
$122,800Owner-occupied units
Median gross rent
$888Rent plus utilities, monthly
Median age
35.1 yrsAll residents
Homeownership rate
58.7%Owner-occupied households

What the numbers mean in Frankfort city

Housing cost measured against local earnings.

A household earning the Frankfort city median would spend about 19.9% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 2.3× the median household income; nationally that ratio sits near 4.5×. Poverty affects 11% of residents and 58.7% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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