Frankfort, KY population, income and ZIP codes

Frankfort city is a small city in Kentucky, with 28,452 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #14 of 554 ranked by population — larger than 97% of them. The median age here is 34.7 years against 39.1 nationally, a slightly younger profile than the country as a whole. Places under 65,000 residents only appear in the five-year release, never the one-year file, so these values pool sixty months of responses and lag the current year by design.

Households in Frankfort city earn a median of $54,438 a year, 30.7% below the national figure of $78,538 and within a couple of points of the $55,469 median for the 246 Kentucky cities we cover. This figure covers the household, not the worker: two people on ordinary wages at one address outrank a single professional in the same table. Poverty reaches 18.7% of residents here, well above the 12.4% national rate, which is the single clearest signal in this dataset that median income here is carried by a narrow band of households.

The typical owner-occupied home in Frankfort city is valued at $171,600, 43.4% below the national figure and 9% above the $157,200 peer median, while median gross rent runs $935 a month, 33.5% below the national figure, or roughly $11,220 across a full year. A household on the local median income would put about 20.6% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is within the standard affordability guideline. The home-price-to-income ratio works out to 3.2×, against roughly 3.9× nationally, so buying is easier here than in the average US market. 48% of occupied homes are owner-occupied versus 65% nationally, so the market leans more heavily on renters. Rent is reported gross — contract rent plus tenant-paid utilities — which is why it runs above the advertised price on a listing for the same unit.

Every value on this page is published directly by the Census for this area — nothing is modelled or interpolated. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.