Pros and Cons of Living In Frankfort, Indiana. Is Frankfort, IN a Nice Place To Live or Retire?

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Frankfort, Indiana

Moving to Frankfort In Indiana ? Is Frankfort, IN a Nice Place To Live? Pros and Cons of Living in Frankfort, Indiana. Find out the best and worst about to live, raise a family or retire in Frankfort.

Frankfort is a city in Clinton County, Indiana, United States. It had a population of 16,715 as of the 2020 census. The city is the county seat of Clinton County.

DEMOGRAPHICS

Population
15569
Unemployment
4.8%
2% NAT AVG.
Poverty
17.4%
24% NAT AVG.
Cost Of Living
85
15% NAT AVG.

ECONOMICS

Median Home Cost
$87900
62% NAT AVG.
Median Income
$42448
37% NAT AVG.
Median Rent
$731
37% NAT AVG.
Overall Score
5

CRIME REPORT

Total Crime
478
29% NAT. AVG.
42% STATE AVG.
Violent Crime
9
85% NAT. AVG.
84% STATE AVG.
Property Crime
469
52% NAT. AVG.
67% STATE AVG.

SOCIO-ECONOMICS

People Living Below BPL
1 in 6
Unemployed People
1 in 21
People Earning < $10,000
1 in 20
People Earning < $50,000
59%
People With Any Degree
1 in 5.3

ETHNICITY

Ethnicity Frankfort USA
White 70.5% 60.1%
African American 0.5% 12.2%
American Indian 0% 0.6%
Asian 0.2% 5.6%
Hawaiian 0% 0.2%
Multiracial 1.1% 2.8%
Hispanic 27.6% 18.2%
Other 0.1% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Frankfort USA
Less than $10,000 4.9% 5.8%
$10,000 to $14,999 5.9% 4.1%
$15,000 to $24,999 15.8% 8.5%
$25,000 to $34,999 17.8% 8.6%
$35,000 to $49,999 14.6% 12.0%
$50,000 to $74,999 18.7% 17.2%
$75,000 to $99,999 10.1% 12.8%
$100,000 to $149,999 9.2% 15.6%
$150,000 to $199,999 1.8% 7.1%

EDUCATION

Education Frankfort USA
< 9th Grade 10% 5.0%
9-12th Grade 12% 7.0%
High School or GED 44% 27.0%
Other College 15% 20.0%
Associate's Degree 8% 9%
Bachelor's Degree 7% 20.0%
Master's Degree 4% 9.0%
Professional Degree 0% 2.0%
Doctorate Degree 0% 1.0%
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. 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.

Cost of living in Frankfort is 85, which is 15% lower than national average. In Frankfort, only 11% of adults have a bachelor's degree and 23% have some college but no degree. 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.
Frankfort Scorecard

Jobs60%

Housing50%

Affordability80%

Safety85%

Amenities90%

Diversity80%

Education40%

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