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Population & People
Population
15,976
Median age
33.2
Median household income
$57,412
Poverty rate
12.9%
Unemployment rate
3.0%
Bachelor's degree+
11.5%
Avg. commute
18 min
Hispanic or Latino
34.4%
Source: U.S. Census Bureau, American Community Survey.
Housing & Rent
Median home value
$138,600
Median gross rent
$898/mo
Homeownership rate
60.23%
HUD FMR — 2 bedroom
$1,096
HUD Fair Market Rent (Indiana statewide average across 92 areas — not specific to Frankfort), 2026. Efficiency $816, 1BR $882, 2BR $1096, 3BR $1391, 4BR $1590. This is a different official figure from Census median gross rent above.
Energy
Indiana commercial electricity
13.88¢/kWh
Indiana industrial electricity
8.89¢/kWh
Indiana residential electricity
16.23¢/kWh
Economy
Gross Domestic Product: All Industry Total
545234
Real Gross Domestic Product: All Industry Total
422438.7
All-Transactions House Price Index for Indiana
538.71
Unemployment Rate
3.3%
Source: FRED, Indiana-specific series.