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ZipNumbers

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

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