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Population Review

Frankfort, Indiana Population 2026

Updated April 2026 · US Census ACS 2023 5-Year Estimates

The population of Frankfort, Indiana is 15,536 as of the 2023 American Community Survey, making it the 60th-largest city in Indiana. The median household income is $53,522, the median home value is $122,800, and the median age is 35.1.

The population has grown 0.3% since 2010 (16,417 → 16,459).

15,536

Population

1929

People / sq mi

$53,522

Median Income

$122,800

Median Home Value

Frankfort covers 8.1 sq mi of land at 1929 people per square mile.

About Frankfort, IN

Frankfort is a city in Indiana with a population of 15,536. It ranks #60 among cities in Indiana by population. The median age is 35.1, younger than the national median. The population is 48.6% male and 51.4% female.

The median household income in Frankfort is $53,522, below the US median of $74,580. 7.8% of residents live below the federal poverty level. Home values sit at a median of $122,800, with monthly rent averaging $888. The homeownership rate of 58.7% is lower than the national rate of 64.8%.

Educational attainment in Frankfort reflects 11.9% of adults 25 and older holding a bachelor's degree or higher, below the national average of 34.3%. Roughly 3.3% of workers primarily work from home, below the national work-from-home rate of 14.2%. The average commute is 18.1 minutes each way.

Frankfort city Population History (2010-2024)

The city of Frankfort city had a population of 16,417 in 2010 and 16,459 in 2024, a 0.3% growth over 14 years. The peak was 16,695 in 2020. Average annual growth rate: 0.03%.

2020 · 17K20102024

16,459

Population (2024)

16,417

Population (2010)

16,695

Peak (2020)

0.03%

Avg Annual Growth

YearPopulation
201016,417
201116,310
201216,209
201316,146
201415,968
201515,909
201615,791
201715,776
201815,814
201915,884
202016,695
202116,564
202216,449
202316,482
202416,459

Race & Ethnicity

White72.8%
Black or African American1.0%
Asian0.0%
Hispanic or Latino (any race)0.6%
Two or More Races0.0%

Economy & Income

$53,522

Median Household Income

$26,356

Per Capita Income

7.8%

Poverty Rate

2.6%

Unemployment Rate

Housing

$122,800

Median Home Value

$888

Median Rent

58.7%

Owner-Occupied

Education

78.6%

High School+

11.9%

Bachelor's+

Commute

0.1%

Drive Alone

82.9%

Public Transit

3.3%

Work From Home

18.1 min

Avg Commute

Community Profile

16.7%

Foreign Born

80.5%

Non-English at Home

4.5%

Veterans

10.0%

With Disability

90.6%

Health Insurance

94.4%

Internet Access

Employment by Industry

Manufacturing28.3%
Professional, Scientific & Management16.8%
Finance, Insurance & Real Estate9.9%
Retail Trade7.6%
Education, Health Care & Social Services7.4%
Construction7.2%
Information4.8%
Arts, Entertainment & Food Services3.5%
Agriculture & Mining1.9%
Public Administration1.7%
Transportation & Warehousing0.7%

Largest cities in Indiana

Largest counties in Indiana

Part of Indiana

Metro areas in Indiana

City rankings

Frequently Asked Questions

Frankfort, Indiana has a population of 15,536 according to the US Census Bureau's 2023 American Community Survey 5-year estimates, making it the 60th-largest city in Indiana.

The median household income in Frankfort, Indiana is $53,522, with 7.8% of residents living below the federal poverty level.

The median home value in Frankfort, Indiana is $122,800, with median monthly rent at $888 and a homeownership rate of 58.7%.

The median age in Frankfort, Indiana is 35.1 years. The population is 48.6% male and 51.4% female.

The population has grown 0.3% since 2010 (16,417 → 16,459).

Data from the American Community Survey (ACS) 5-Year estimates.

Source: U.S. Census Bureau ACS, 2026.