Frankfort vs Lake Ann

A side-by-side comparison of Frankfort and Lake Ann: population, income, housing, and more.

Frankfort and Lake Ann are places in Michigan. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.

Frankfort has the higher population (1,158 vs 235 in Lake Ann). Lake Ann has the higher median household income ($87,500 vs $51,813 in Frankfort). Lake Ann has the higher median home value ($329,400 vs $305,600 in Frankfort).

Population, income & housing

	Frankfort	Lake Ann
Population	1,158	235
Median age	60.5 yrs	45.4 yrs
Median household income	$51,813	$87,500
Median home value	$305,600	$329,400
Median gross rent	$749	$1,219
Housing units	850	159
Homeownership rate	62.4%	78.4%
Bachelor's degree or higher	38.9%	36.1%
Unemployment rate	4.7%	6.9%

Trends (ACS 5-year, 2019–2023)

	Frankfort	Lake Ann
Population	1,059 → 1,158 (+9.3%)	196 → 235 (+19.9%)
Median household income	$41,500 → $51,813 (+24.9%)	$57,917 → $87,500 (+51.1%)
Median home value	$187,500 → $305,600 (+63.0%)	$180,700 → $329,400 (+82.3%)
Median gross rent	$629 → $749 (+19.1%)	$950 → $1,219 (+28.3%)

Frankfort

Population

1,0591,158

Median household income

$41,500$51,813

Median home value

$187,500$305,600

Median gross rent

$629$749

Lake Ann

Population

196235

Median household income

$57,917$87,500

Median home value

$180,700$329,400

Median gross rent

$950$1,219

Age & race/ethnicity

Age distribution (share)

	Frankfort	Lake Ann
Under 5	6.3%	5.1%
5 to 17	9.1%	9.4%
18 to 24	4.2%	7.7%
25 to 34	5.8%	20.4%
35 to 44	9.1%	6.8%
45 to 54	6.8%	14.9%
55 to 64	17.8%	14.5%
65 to 74	18.0%	11.5%
75 and over	23.0%	9.8%

Race & ethnicity (share)

	Frankfort	Lake Ann
White (non-Hispanic)	94.6%	87.7%
Black or African American	1.5%	6.4%
American Indian & Alaska Native	0.0%	0.0%
Asian	0.0%	3.0%
Native Hawaiian & Pacific Islander	0.0%	0.0%
Some other race	0.0%	0.0%
Two or more races	3.3%	3.0%
Hispanic or Latino	0.6%	0.0%

Educational attainment (age 25+)

Share of adults 25+

	Frankfort	Lake Ann
No high school diploma	11.3%	3.3%
High school graduate	30.3%	32.8%
Some college or associate's	19.5%	27.9%
Bachelor's degree	17.6%	23.0%
Graduate or professional degree	21.3%	13.1%

Commute to work

How workers get to work (share)

	Frankfort	Lake Ann
Drove alone	70.5%	78.4%
Carpooled	7.7%	11.2%
Public transit	0.3%	0.0%
Walked	4.8%	3.0%
Bicycle	2.1%	0.0%
Worked from home	13.4%	7.5%
Other means	1.2%	0.0%

Housing

Units in structure (share)

	Frankfort	Lake Ann
1-unit, detached	69.9%	98.1%
1-unit, attached	1.8%	0.0%
2 to 4 units	2.8%	0.0%
5 to 19 units	15.2%	0.0%
20 or more units	7.9%	0.0%
Mobile home & other	2.5%	1.9%

Poverty & households

	Frankfort	Lake Ann
Poverty rate	13.0%	2.6%
Average household size	2.07	2.30
Mean commute (minutes)	21	22
Median year structure built	1970	1975