Frankfort
In Franklin County, Kentucky.
- Population
- 28,452
- Median household income
- $54,438
- Median home value
- $171,600
+2.8%’19–’23
+8.4%’19–’23
+31.1%’19–’23
Frankfort, a community in Franklin County, Kentucky, has 28,452 residents. At $54,438, its median household income sits below Franklin County's $66,470.
Between 2019 and 2023, Frankfort's population grew 2.8% from 27,680 to 28,452, while its median home value rose 31.1% from $130,900 to $171,600.
The typical home was built around 1971. 18.7% of residents live below the poverty line.
Demographics
ACS 2019–2023- Population
- 28,452
- Median age
- 34.7 yrs
- Median household income
- $54,438
- Median home value
- $171,600
- Median gross rent
- $935
- Housing units
- 13,714
- Homeownership rate
- 48.0%
- Bachelor's degree or higher
- 27.9%
- Unemployment rate
- 7.2%
Trends
ACS 5-year · 2019–202327,68028,452
$50,211$54,438
$130,900$171,600
$759$935
| Year | Population | Median household income | Median home value | Median gross rent |
|---|---|---|---|---|
| 2019 | 27,680 | $50,211 | $130,900 | $759 |
| 2020 | 27,705 | $50,602 | $132,500 | $779 |
| 2021 | 28,479 | $51,731 | $135,800 | $815 |
| 2022 | 28,460 | $53,905 | $157,300 | $889 |
| 2023 | 28,452 | $54,438 | $171,600 | $935 |
Each year is a US Census Bureau ACS 5-year estimate ending that year.
Age distribution
Under 56.6%
5 to 1717.0%
18 to 2410.1%
25 to 3416.8%
35 to 4411.8%
45 to 5410.3%
55 to 6412.4%
65 to 749.3%
75 and over5.7%
| Count | Share | |
|---|---|---|
| Under 5 | 1,891 | 6.6% |
| 5 to 17 | 4,843 | 17.0% |
| 18 to 24 | 2,873 | 10.1% |
| 25 to 34 | 4,770 | 16.8% |
| 35 to 44 | 3,344 | 11.8% |
| 45 to 54 | 2,936 | 10.3% |
| 55 to 64 | 3,528 | 12.4% |
| 65 to 74 | 2,642 | 9.3% |
| 75 and over | 1,625 | 5.7% |
Race & ethnicity
| Count | Share | |
|---|---|---|
| White (non-Hispanic) | 20,492 | 72.0% |
| Black or African American | 3,963 | 13.9% |
| American Indian & Alaska Native | 9 | 0.0% |
| Asian | 782 | 2.7% |
| Native Hawaiian & Pacific Islander | 116 | 0.4% |
| Some other race | 26 | 0.1% |
| Two or more races | 1,326 | 4.7% |
| Hispanic or Latino (any race) | 1,738 | 6.1% |
Educational attainment (age 25+)
No high school diploma9.2%
High school graduate31.4%
Some college or associate's31.5%
Bachelor's degree15.3%
Graduate or professional degree12.6%
| Count | Share | |
|---|---|---|
| No high school diploma | 1,739 | 9.2% |
| High school graduate | 5,922 | 31.4% |
| Some college or associate's | 5,927 | 31.5% |
| Bachelor's degree | 2,885 | 15.3% |
| Graduate or professional degree | 2,372 | 12.6% |
Commute to work
- Mean travel time to work
- 18 min
Drove alone75.3%
Carpooled10.0%
Public transit2.0%
Walked2.9%
Bicycle0.0%
Worked from home9.2%
Other means0.6%
How workers get to work
| Count | Share | |
|---|---|---|
| Drove alone | 9,768 | 75.3% |
| Carpooled | 1,296 | 10.0% |
| Public transit | 264 | 2.0% |
| Walked | 377 | 2.9% |
| Bicycle | 1 | 0.0% |
| Worked from home | 1,196 | 9.2% |
| Other means | 77 | 0.6% |
Travel time
| Count | Share | |
|---|---|---|
| Under 15 min | 6,067 | 51.5% |
| 15 to 29 min | 3,156 | 26.8% |
| 30 to 44 min | 1,774 | 15.1% |
| 45 to 59 min | 489 | 4.2% |
| 60+ min | 297 | 2.5% |
Households
- Average household size
- 2.13
- Poverty rate
- 18.7% (5,085 of 27,166)
| Count | Share | |
|---|---|---|
| Family households | 6,661 | 52.2% |
| Nonfamily households | 6,102 | 47.8% |
Housing
- Median year structure built
- 1971
Occupancy
| Count | Share | |
|---|---|---|
| Occupied | 12,763 | 93.1% |
| Vacant | 951 | 6.9% |
Tenure (of occupied units)
| Count | Share | |
|---|---|---|
| Owner-occupied | 6,130 | 48.0% |
| Renter-occupied | 6,633 | 52.0% |
1-unit, detached52.3%
1-unit, attached4.3%
2 to 4 units17.9%
5 to 19 units18.0%
20 or more units6.0%
Mobile home & other1.5%
Units in structure
| Count | Share | |
|---|---|---|
| 1-unit, detached | 7,166 | 52.3% |
| 1-unit, attached | 583 | 4.3% |
| 2 to 4 units | 2,459 | 17.9% |
| 5 to 19 units | 2,470 | 18.0% |
| 20 or more units | 825 | 6.0% |
| Mobile home & other | 211 | 1.5% |
Geography
- Place GEOID
- 2128900
- Type (LSAD)
- 25
- Land area
- 15 sq mi
- Water area
- 0.3 sq mi
- Center point
- 38.1950, -84.8659
Kentucky rankings
21- Largest by population in Kentucky
- Most densely populated in Kentucky
- Highest median household income in Kentucky
- Highest median home value in Kentucky
- Most affordable home values in Kentucky
- Highest median gross rent in Kentucky
- Cheapest median gross rent in Kentucky
- Oldest by median age in Kentucky
- Youngest by median age in Kentucky
- Most college-educated in Kentucky
- Highest poverty rate in Kentucky
- Lowest poverty rate in Kentucky
- Highest homeownership rate in Kentucky
- Lowest homeownership rate in Kentucky
- Longest commutes in Kentucky
- Shortest commutes in Kentucky
- Largest households in Kentucky
- Newest housing in Kentucky
- Oldest housing in Kentucky
- Fastest-growing (2019–2023) in Kentucky
- Fastest-shrinking (2019–2023) in Kentucky
Other places in Franklin County
0None.