Is Frankfort, Indiana a Good Place To Live? - Living In Frankfort, IN
Is Frankfort, Indiana a good place to live?
Frankfort is a city in Indiana state in USA with a population of 15569 residents..
The poverty rate of Frankfort is 17.4%, which is 24% higher than national average.
The typical household in Frankfort earns $42448 a year, compared to the national median of $67,500.
Nearly 59% of households earn less than $50,000 a year compared to 39% national rate.
A high school education is a basic prerequisite for most jobs, and in Frankfort, only 78% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Frankfort remained 4.8%, which is 2% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Frankfort, only 11% of adults have a bachelor's degree and 23% have some college but no degree.
Cost of living in Frankfort is 85, which is 15% lower than national average. Median home value in Frankfort is $87900 , which is 62% lower than national average. While median income in Frankfort remained $42448, which is 37% lower than national average.
A high school education is a basic prerequisite for most jobs, and in Frankfort, only 78% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Frankfort remained 4.8%, which is 2% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Frankfort, only 11% of adults have a bachelor's degree and 23% have some college but no degree.
Cost of living in Frankfort is 85, which is 15% lower than national average. Median home value in Frankfort is $87900 , which is 62% lower than national average. While median income in Frankfort remained $42448, which is 37% lower than national average.
Population
15569
Unemployment
4.8%
Poverty
17.4%
Overall Score
5
Median Home Cost
$87900
62%
NAT AVG.
Median Income
$42448
37%
NAT AVG.
Median Rent
$731
37%
NAT AVG.
Cost Of Living
85
15%
NAT AVG.
People Living BPL
1 in 6
Unemployed People
1 in 21
People Earning < $10,000
1 in 20
People Earning < $50,000
59%
People with <= High School
1 in 1.5
People With Any Degree
1 in 5.3
Pros & Cons Overview
Jobs60%
Housing50%
Affordability80%
Safety85%
Amenities90%
Diversity80%
Education40%
Commute85%
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