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    Living in Frankfort, IN

    A comprehensive, data-driven guide to life in Frankfort. Housing costs, safety statistics, walkability, air quality, and neighborhood insights — all in one place.

    Population: 15,976

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    Frankfort at a Glance

    Median Home Value

    $111,200

    Nat'l avg: $281,900

    Median Rent

    $1,013

    Nat'l avg: $1,163

    Violent Crime

    4.0 per 1K

    Nat'l avg: 3.7 per 1K

    Walk Score

    47/100

    Car-Dependent

    Median Income

    $49,821

    Nat'l avg: $74,580

    Air Quality

    AQI 44

    Good

    Climate Risk

    Relatively High

    Score: 84.70265063679497

    Population

    15,976

    Housing & Cost of Living
    Median Home Value
    $111,200
    Median Rent
    $1,013
    Median Income
    $49,821
    Affordability Index
    159
    Homeownership Rate
    35.0%
    Electricity Rate
    14.6¢/kWh
    Est. Monthly Electric
    $131
    61% below nat'l avg
    13% below nat'l avg
    Safety & Crime
    Violent Crime
    4.0 per 1K
    Property Crime
    21.9 per 1K
    8% above nat'l avg
    25% above nat'l avg

    National Average: Violent crime 3.7 per 1K, Property crime 17.5 per 1K

    Walkability & Transportation
    Walk Score
    47/100
    Transit Score
    0/100
    Bike Score
    53/100
    Near nat'l avg
    100% below nat'l avg

    Car-Dependent

    0

    53

    Environment & Quality of Life
    Air Quality (AQI)
    44 — Good
    Climate Risk
    Relatively High
    Noise Level
    Quiet
    Unemployment
    N/A
    Poverty Rate
    N/A
    5% above nat'l avg
    Schools
    Total Schools
    44
    Elementary
    27
    Middle
    6
    High School
    8
    Student-Teacher Ratio
    17.3:1
    Free/Reduced Lunch
    64.8%
    Title I Schools
    0%

    Student Demographics

    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.

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