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ZipNumbers

Michigan · Census place 30260

Frankfort city, MI

Quick answer

Frankfort city has 1,158 residents, ranking #409 of 745 places in Michigan. Median household income is $51,813, the median home is worth $305,600 and median gross rent runs $749 a month.

Population
1,158Frankfort city residents
Median household income
$51,813Past 12 months, inflation adjusted
Median home value
$305,600Owner-occupied units
Median gross rent
$749Rent plus utilities, monthly
Median age
60.5 yrsAll residents
Homeownership rate
62.4%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 17.3% 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 5.9× the median household income; nationally that ratio sits near 4.5×. Poverty affects 13% of residents and 62.4% 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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