Frankfort, IN Housing Market & City Data

Explore key insights and real experiences from people who call Frankfort home. Use the data below as a starting point to compare and discover what makes this city a great place to live.

15,884
Population Estimate
$83,813
Median Home Value
94.5%
Employment Rate
12.4%
Bachelor's Degree+

Housing & Demographic Overview

Key insights about the community

Data as of September 2026

HOUSING DATA (September 2026)

Median Price per SqFt$141
Median Listing Price$271,250
Median Days on Market50
Active Listings44
New Listings34
Total Listings (Active + Pending)74
Avg Listing Price$302,599
Avg Listing Price Change MoM8%
Avg Listing Price Change YoY2%

HOUSEHOLD OVERVIEW

Family Size3.3
Family Dual Income48.8
Median Household Income$41,120
Median Individual Income$26,033
Home Ownership56.8%
Home Value$83,813
Median Rent$711
Rent Burden28.6%
Poverty17.8%

EDUCATION, GENDER & MARITAL STATUS

EDUCATION

  • No Highschool Degree or GED23.6%
  • Highschool Education42.8%
  • Some College21.1%
  • Bachelors Degree8.5%
  • Graduate Degree3.9%
  • Total College or Above12.4%
  • Stem Degree31.6%

GENDER BREAKDOWN

  • Male49.1%
  • Female50.9%

MARITAL STATUS

  • Married45.1%
  • Divorced16.3%
  • Never Married31.3%
  • Widowed7.3%

CITY DATA & AGE BREAKDOWN

CITY DATA

CityFrankfort
State IDIN
Population15,884

AGE BREAKDOWN

Age Group% of Population
Under 1831.0%
19–2913.5%
30–3913.5%
40–4910.6%
Age Group% of Population
50–5910.8%
60–6911.0%
70–795.5%
80+4.1%

WORKFORCE, ETHNICITY & OTHER

WORKFORCE

Labor Force Participation61.4%
Unemployment Rate5.5%
Disabled15.1%

ETHNICITY

White87.1%
Black1.3%
Asian0.2%
Native American0.4%
Pacific Islander0.2%
Other10.1%
Multiple0.8%

OTHER

Hispanic28.1%
Limited English8.2%
Health Uninsured12.5%
Veteran5.8%

Local Discussions

Community questions and conversations about living in Frankfort, IN.

  1. Is Frankfort, IN a good place to buy a house?

    Local perspectives on Frankfort home prices, buyer demand, neighborhoods, and what to consider before buying a home.

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  2. What are the best neighborhoods in Frankfort, IN for families?

    Local insights on Frankfort neighborhoods, schools, parks, commute times, and other factors families may want to consider.

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  3. What should home buyers know about the Frankfort, IN housing market?

    Local insights on Frankfort home prices, housing inventory, buyer competition, and current real estate market conditions.

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  4. Is it better to buy or rent a home in Frankfort, IN?

    Compare Frankfort home prices, rents, monthly housing costs, and other factors that can affect the decision to buy or rent.

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  5. What are the most affordable neighborhoods in Frankfort, IN?

    Explore Frankfort neighborhoods where home buyers may find more affordable housing options and better value for their budget.

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  6. How much income do you need to buy a house in Frankfort, IN?

    Learn how Frankfort home prices, down payments, mortgage costs, and other expenses can affect how much income buyers may need.

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  7. How much are property taxes on a home in Frankfort, IN?

    Learn how Frankfort property taxes are calculated and how they can affect the overall cost of owning a home.

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  8. What are the best neighborhoods in Frankfort, IN for first-time home buyers?

    Explore Frankfort neighborhoods first-time home buyers may consider based on home prices, location, amenities, and lifestyle.

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  9. What is it like to live in Frankfort, IN?

    Local perspectives on Frankfort neighborhoods, cost of living, weather, commuting, things to do, and everyday life.

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  10. What should I know before moving to Frankfort, IN?

    What newcomers should know about Frankfort housing costs, neighborhoods, transportation, weather, and everyday expenses.

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Top Real Estate Agents in Frankfort, IN

Neighborhoods in Frankfort, IN

No neighborhoods were found in the current property sample.