Kentucky · Census place 28900
Frankfort city, KY
Quick answer
Frankfort city has 28,452 residents, ranking #14 of 554 places in Kentucky. Median household income is $54,438, the median home is worth $171,600 and median gross rent runs $935 a month.
- Population
- 28,452Frankfort city residents
- Median household income
- $54,438Past 12 months, inflation adjusted
- Median home value
- $171,600Owner-occupied units
- Median gross rent
- $935Rent plus utilities, monthly
- Median age
- 34.7 yrsAll residents
- Homeownership rate
- 48%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 20.6% 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 3.2× the median household income; nationally that ratio sits near 4.5×. Poverty affects 18.7% of residents and 48% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Kentucky.
- Hopkinsville city 31,011
- Independence city 29,024
- Jeffersontown city 28,988
- Henderson city 27,994
- Paducah city 26,894
- Radcliff city 22,967
- Ashland city 21,405
Keep going
More Kentucky coverage.