Is Frankfort, Kentucky a Good Place To Live? - Living In Frankfort, KY

Is Frankfort, Kentucky a good place to live?
Frankfort is a city in Kentucky state in USA with a population of 27705 residents.. The poverty rate of Frankfort is 17.9%, which is 28% higher than national average. The typical household in Frankfort earns $50602 a year, compared to the national median of $67,500. Nearly 49.1% 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 90% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Frankfort remained 4.6%, which is 2% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Frankfort, only 30% of adults have a bachelor's degree and 31% have some college but no degree.

Cost of living in Frankfort is 89, which is 11% lower than national average. Median home value in Frankfort is $132500 , which is 42% lower than national average. While median income in Frankfort remained $50602, which is 25% lower than national average.
Population
27705
Unemployment
4.6%
2% NAT AVG.
Poverty
17.9%
28% NAT AVG.
Overall Score
6
Median Home Cost
$132500
42% NAT AVG.
Median Income
$50602
25% NAT AVG.
Median Rent
$779
33% NAT AVG.
Cost Of Living
89
11% NAT AVG.
People Living BPL
1 in 6
Unemployed People
1 in 22
People Earning < $10,000
1 in 22
People Earning < $50,000
49.1%
People with <= High School
1 in 2.6
People With Any Degree
1 in 2.6
Pros & Cons Overview

Jobs70%

Housing60%

Affordability80%

Safety50%

Amenities85%

Diversity80%

Education80%

Commute90%