In 2017, Frankfort, IN had a population of 32.5k people with a median age of 38.2 and a median household income of $51,659. Between 2016 and 2017 the population of Frankfort, IN declined from 32,692 to 32,455, a -0.725% decrease and its median household income grew from $50,096 to $51,659, a 3.12% increase.
The 5 largest ethnic groups in Frankfort, IN are White (Non-Hispanic) (83%), White (Hispanic) (11.9%), Some Other Race (Hispanic) (2.55%), Two or More Races (Non-Hispanic) (0.678%), and Black or African American (Non-Hispanic) (0.57%). N/A% of the people in Frankfort, IN speak a non-English language, and 94.2% are U.S. citizens.
The median property value in Frankfort, IN is $103,700, and the homeownership rate is 71.5%. Most people in Frankfort, IN commute by Drove Alone, and the average commute time is 22.1 minutes. The average car ownership in Frankfort, IN is 2 cars per household.