Frankfort, KY Demographics

Population - Employment - Households - Income / Financial - Housing - Education - Marital Status - Means of Transport to Work - Median Income by Zipcode

What is the population of Frankfort?

top

There are 28,460 residents in Frankfort, with a median age of 34.2. Of this, 48.24% are males and 51.76% are females. US-born citizens make up 93.46% of the resident pool in Frankfort, while non-US-born citizens account for 1.57%. Additionally, 4.97% of the population is represented by non-citizens.
A total of 21,719 people in Frankfort currently live in the same house as they did last year.

		Y-o-Y Change
Total Population	28,460	-0.1%
Male Population	13,729	0.8%
Female Population	14,731	-0.9%

Male population 48.24%

Female population 51.76%

		Y-o-Y Change
Median Age	34.2	-2.0%
Citizen US Born	26,599	0.4%
Citizen not US Born	446	-11.7%
Not Citizen	1,415	-4.8%

Citizen US Born 93.46%

Citizen not US Born 1.57%

Not Citizen 4.97%

		Y-o-Y Change
Moved from Abroad	191	-59.4%
Moved from Same County	3,608	0.2%
Moved from Same State	1,786	9.8%
Moved from Different State	780	-2.0%
Same House as Last Year	21,719	-0.0%

Moved from Abroad 0.68%

Moved from Same County 12.85%

Moved from Same State 6.36%

Moved from Different State 2.78%

Same House as Last Year 77.34%

What are the employment statistics in Frankfort?

top

White-collar workers make up 77.95% of the working population in Frankfort, while blue-collar employees account for 22.05%. There are also 822 entrepreneurs in Frankfort (6.2% of the workforce); 7,988 workers employed in private companies (60.25%); and 3,984 people working in governmental institutions (30.05%).

		Y-o-Y Change
White Collar	10,334	-5.0%
Blue Collar	2,924	2.4%

White Collar 77.95%

Blue Collar 22.05%

		Y-o-Y Change
Self Employees	822	15.3%
Private Companies	7,988	-2.8%
Governmental Workers	3,984	-7.8%
Not for Profit Companies	464	-2.7%

Self Employees 6.2%

Private Companies 60.25%

Governmental Workers 30.05%

Not for Profit Companies 3.5%

How many households are there in Frankfort?

top

There are a total of 12,670 households in Frankfort, each made up of around 2 members. Family establishments represent 54.17% of these Frankfort households, while non-family units account for the remaining 45.83%. Additionally, 32.61% of households have children and 67.39% of households are without children.

		Y-o-Y Change
Total Households	12,670	0.9%
Average People Per Household	2	-0.9%
Family Households	6,863	-0.6%
Non-family Households	5,807	2.7%

Family Households 54.17%

Non-family Households 45.83%

		Y-o-Y Change
Households with Children	4,132	1.4%
Households without Children	8,538	0.7%

Households with Children 32.61%

Households without Children 67.39%

What are the median and average incomes in Frankfort?

top

The average annual household income in Frankfort is $74,498, while the median household income sits at $53,905 per year. Residents aged 25 to 44 earn $54,664, while those between 45 and 64 years old have a median wage of $60,789. In contrast, people younger than 25 and those older than 65 earn less, at $23,901 and $49,458, respectively.

		Y-o-Y Change
Average Household Income	$74,498	9.6%
Median Household Income	$53,905	4.2%
People below Poverty Level	4,625	6.2%
People above Poverty Level	22,155	-1.5%

How many homeowners and renters are there in Frankfort?

top

There are 13,492 housing units in Frankfort, and the median year in which these properties were built is 1971. Of the 12,670 occupied housing units in Frankfort, 47.96% are owner-occupied, while 52.04% have renters living in them.
Meanwhile, properties bought with mortgages account for 66.15% of the units, and the median value of a home with a mortgage is $160,200. In general, housing costs reach $918 per month in Frankfort.

		Y-o-Y Change
Housing Units	13,492	0.4%
Median Year Built	1971	0.0%
Built in 1939 or Earlier	1,355	-4.0%
Built between 1940 and 1949	754	-13.6%
Built between 1950 and 1959	2,300	11.0%
Built between 1960 and 1969	2,000	-8.9%
Built between 1970 and 1979	2,602	1.1%
Built between 1980 and 1989	1,624	4.2%
Built between 1990 and 1999	1,627	-7.7%
Built between 2000 and 2009	847	20.7%
Built between 2010 and 2019	377	27.8%
Built in 2020 or Later	6	N/A

		Y-o-Y Change
Occupied Housing Units	12,670	0.9%
Owner Occupied	6,076	5.2%
Renter Occupied	6,594	-2.8%

Owner Occupied 47.96%

Renter Occupied 52.04%

		Y-o-Y Change
With Mortgage	4,019	6.0%
Without Mortgage	2,057	3.5%
Median Value with Mortgage	$160,200	16.6%
Median Value without Mortgage	$151,000	14.3%
Median Housing Costs per Month	$918	8.5%

With Mortgage 66.15%

Without Mortgage 33.85%

What is the level of education in Frankfort?

top

Approximately 39.04% of the population in Frankfort holds a high school degree (that's 8,470 residents), while 25.44% have attained a college certificate (5,953 locals) and 15.33% have a bachelor's degree (3,325 people).

		Y-o-Y Change
No High School	526	-1.5%
Some High School	8,470	-1.2%
Some College	5,953	0.4%
Associate Degree	1,658	-2.1%
Bachelor's Degree	3,325	-2.4%
Graduate Degree	2,196	5.3%

No High School 2.42%

Some High School 39.04%

Some College 25.44%

Associate Degree 7.64%

Bachelor's Degree 15.33%

Graduate Degree 10.12%

What is the marital status of Frankfort residents?

top

A total of 8,466 people in Frankfort have never been married (which represents 37.09% of the total population), while 9,099 of them are wedded (39.86%). Separated and divorced residents are in smaller numbers, at 387 (1.7%) and 3,829 (16.77%), respectively.

		Y-o-Y Change
Never Married	8,466	-1.8%
Married	9,099	-0.0%
Separated	387	-11.0%
Widowed	1,432	5.5%
Divorced	3,829	0.3%

Never Married 37.09%

Married 39.86%

Separated 1.7%

Widowed 6.27%

Divorced 16.77%

What are the most common means of transportation in Frankfort?

top

The top three means of transportation people in Frankfort use to get to work are: car, walking and bus or trolley bus. A total of 11,263 residents commute by car, 374 prefer going to work by walking and 284 by bus or trolley bus.

		Y-o-Y Change
Car	11,263	-6.3%
Bus or TrolleyBus	284	79.8%
Motorcycle	39	14.7%
TaxiCab	7	-41.7%
Walk	374	-12.0%

What is the median and average household income in Frankfort by zipcode?

top

ZipCode	Population	Number of Households	Median Income	Average Income
40601	51,579	22,691	$63,296.00	$86,232.00

Methodology & Disclaimers

Demographic data shown in this section was gathered from the latest U.S. Census Bureau release, the 2022 American Community Survey. The information is updated yearly, as soon as new data is made available by the US Census Bureau.
No representation, guarantee or warranty is made as to the accuracy or completeness of information modified or aggregated for specific neighborhoods and/or zip codes.

Zip codes included in this demographic data: 40601 40604