Frankfort at a Glance
Population
15,976
Median Home Value
$111,200
Nat'l avg: $281,900
Median Rent
$1,013
Nat'l avg: $1,163
Median Income
$49,821
Nat'l avg: $74,580
Violent Crime
0.0 per 1K
Nat'l avg: 3.6 per 1K
Walk Score
47/100
Car-Dependent
Air Quality
AQI 44
Good
Climate Risk
Relatively High
Score: 84.70
Explore Frankfort
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Best Neighborhoods
Top-rated neighborhoods in Frankfort ranked by Kurby Score
Affordable Neighborhoods
Most budget-friendly areas to live in Frankfort
Up & Coming Neighborhoods
Emerging neighborhoods with growth potential in Frankfort
Young Professionals
Best neighborhoods for career starters in Frankfort
Retiree Neighborhoods
Best neighborhoods for retirees in Frankfort
Living In Guide
Complete guide to life in Frankfort — cost, safety, schools & more
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About Frankfort
Frankfort, Indiana, offers a refreshing dose of Midwestern charm, especially attractive to those seeking respite from the financial pressures of larger cities. Imagine a place where a home costs a fraction of the national average, with the median home value hovering around an astonishing $111,200. This affordability extends to the overall cost of living, allowing residents to enjoy a comfortable lifestyle. While the median household income of $49,821 is below the national average, the significantly lower housing costs mean your dollar stretches much further here. Frankfort isn't about bustling nightlife; it's about friendly neighbors, community events, and a slower pace of life, making it an ideal location for families and those looking to downsize and simplify. From an investment perspective, Frankfort presents a compelling opportunity. The housing market is stable, and the low entry point makes it accessible for first-time homebuyers or those looking to expand their portfolio. Although specific unemployment figures aren't available, the town has a strong sense of community and safety, with low crime rates. Frankfort's value proposition is clear: affordable living, a strong sense of community, and a chance to escape the rat race. This is the place for those who prioritize financial freedom and a welcoming environment above all else.