The median household income in Frankfort, IN in 2022 was $49,533, which was 34.8% less than the median annual income of $66,785 across the entire state of Indiana. Compared to the median income of $33,275 in 2000 this represents an increase of 32.8%. The per capita income in 2022 was $25,218, which means an increase of 39.0% compared to 2000 when it was $15,393.
Whole page based on the data from 2000 / 2022 when the population of Frankfort, Indiana was 16,662 / 16,091
Income statistics for all residents
Median household income in Frankfort, IN in 2022:
Frankfort:
$49,533
State:
$66,785
Change in median household income between 2000 and 2022:
Frankfort, Indiana:
+48.9%
State:
+60.7%
Number of households with income < $10k:
Frankfort:
3.8% (241)
State:
5.6% (151,905)
Number of households with income $10k - 20k:
Frankfort:
8.9% (555)
State:
7.1% (193,665)
Number of households with income $20k - 30k:
Frankfort:
11.9% (747)
State:
7.8% (213,166)
Number of households with income $30k - 40k:
Frankfort:
15.6% (981)
State:
8.5% (231,051)
Number of households with income $40k - 50k:
Frankfort:
9.8% (612)
State:
8.4% (227,994)
Number of households with income $50k - 60k:
Frankfort:
9.1% (571)
State:
7.7% (210,699)
Number of households with income $60k - 75k:
Frankfort:
13.1% (822)
Indiana:
10.3% (279,665)
Number of households with income $75k - 100k:
Frankfort:
12.5% (784)
Indiana:
14.1% (383,225)
Number of households with income $100k - 125k:
Frankfort:
6.1% (382)
State:
10.3% (279,559)
Number of households with income $125k - 150k:
Frankfort:
5.0% (312)
Indiana:
6.3% (172,553)
Number of households with income $150k - 200k:
Frankfort:
2.4% (148)
State:
7.3% (198,086)
Number of households with income > $200k:
Frankfort:
1.8% (115)
Indiana:
6.8% (184,921)
Aggregate household income in Frankfort in 2022: $393,687,930
Median family income in Frankfort in 2022:
Frankfort:
$61,874
State:
$84,508
Number of families with income < $10k:
Frankfort:
4.2% (151)
State:
3.5% (60,982)
Number of families with income $10k - 20k:
Frankfort:
4.4% (157)
State:
3.8% (66,551)
Number of families with income $20k - 30k:
Frankfort:
5.0% (181)
State:
4.7% (82,197)
Number of families with income $30k - 40k:
Frankfort:
10.6% (379)
State:
6.2% (108,519)
Number of families with income $40k - 50k:
Frankfort:
11.3% (406)
State:
7.3% (126,404)
Number of families with income $50k - 60k:
Frankfort:
12.4% (444)
State:
7.4% (128,779)
Number of families with income $60k - 75k:
Frankfort:
12.9% (463)
Indiana:
10.7% (185,712)
Number of families with income $75k - 100k:
Frankfort:
17.1% (613)
State:
16.1% (280,434)
Number of families with income $100k - 125k:
Frankfort:
8.3% (299)
State:
12.7% (221,659)
Number of families with income $125k - 150k:
Frankfort:
7.7% (275)
State:
8.2% (142,241)
Number of families with income $150k - 200k:
Frankfort:
3.7% (132)
State:
9.9% (171,875)
Number of families with income > $200k:
Frankfort:
2.6% (94)
State:
9.5% (164,753)
Median non-family income in Frankfort in 2022:
Frankfort:
$33,424
State:
$39,768
Change in median non-family income between 2000 and 2022:
Frankfort, Indiana:
+84.7%
State:
+67.9%
Median per capita income in Frankfort in 2022:
Frankfort:
$25,219
State:
$35,984
Change in median per capita income between 2000 and 2022:
Frankfort, Indiana:
+63.8%
State:
+76.4%
Income statistics for White residents
Median household income in Frankfort, IN in 2022:
Frankfort:
$50,625
Indiana:
$70,619
Change in median household income between 2000 and 2022:
Frankfort, Indiana:
+49.4%
Indiana:
+65.2%
Number of households with income < $10k:
Frankfort:
3.9% (204)
Indiana:
4.5% (100,447)
Number of households with income $10k - 20k:
Frankfort:
10.5% (545)
Indiana:
6.5% (144,216)
Number of households with income $20k - 30k:
Frankfort:
13.2% (684)
State:
7.5% (166,045)
Number of households with income $30k - 40k:
Frankfort:
13.4% (697)
Indiana:
8.1% (179,206)
Number of households with income $40k - 50k:
Frankfort:
7.3% (377)
State:
8.1% (178,985)
Number of households with income $50k - 60k:
Frankfort:
9.5% (495)
Indiana:
7.8% (171,865)
Number of households with income $60k - 75k:
Frankfort:
14.5% (756)
State:
10.5% (231,572)
Number of households with income $75k - 100k:
Frankfort:
12.6% (656)
State:
14.6% (323,007)
Number of households with income $100k - 125k:
Frankfort:
6.2% (324)
Indiana:
10.6% (235,112)
Number of households with income $125k - 150k:
Frankfort:
5.3% (278)
State:
6.7% (148,936)
Number of households with income $150k - 200k:
Frankfort:
2.2% (115)
State:
7.7% (170,750)
Number of households with income > $200k:
Frankfort:
1.3% (67)
State:
7.3% (160,805)
Aggregate household income in Frankfort in 2022: $321,786,989
Median family income in Frankfort in 2022:
Frankfort:
$62,712
Indiana:
$88,109
Number of families with income < $10k:
Frankfort:
2.7% (75)
State:
2.5% (35,020)
Number of families with income $10k - 20k:
Frankfort:
5.8% (162)
Indiana:
3.3% (47,383)
Number of families with income $20k - 30k:
Frankfort:
6.3% (174)
Indiana:
4.2% (60,156)
Number of families with income $30k - 40k:
Frankfort:
8.7% (242)
Indiana:
5.8% (82,106)
Number of families with income $40k - 50k:
Frankfort:
8.3% (231)
State:
6.9% (98,385)
Number of families with income $50k - 60k:
Frankfort:
14.2% (396)
Indiana:
7.3% (104,303)
Number of families with income $60k - 75k:
Frankfort:
14.2% (396)
Indiana:
10.7% (152,202)
Number of families with income $75k - 100k:
Frankfort:
16.5% (460)
State:
16.8% (237,844)
Number of families with income $100k - 125k:
Frankfort:
8.7% (242)
Indiana:
13.2% (187,178)
Number of families with income $125k - 150k:
Frankfort:
9.5% (265)
State:
8.6% (122,703)
Number of families with income $150k - 200k:
Frankfort:
3.6% (99)
State:
10.5% (148,889)
Number of families with income > $200k:
Frankfort:
1.7% (46)
State:
10.1% (143,001)
Median non-family income in Frankfort in 2022:
Frankfort:
$32,767
State:
$41,009
Change in median non-family income between 2000 and 2022:
Frankfort, Indiana:
+81.4%
Indiana:
+69.4%
Median per capita income in Frankfort in 2022:
Frankfort:
$27,830
Indiana:
$38,746
Change in median per capita income between 2000 and 2022:
Frankfort, Indiana:
+72.3%
State:
+82.8%
Income statistics for Black or African American residents
Median per capita income in Frankfort in 2022:
Frankfort:
$3,430
State:
$25,414
Change in median per capita income between 2000 and 2022:: -86.3%
Frankfort, Indiana:
-86.3%
Indiana:
+68.9%
Income statistics for Asian residents
Aggregate household income in Frankfort in 2022: $1,712,495
Median per capita income in Frankfort in 2022:
Frankfort:
$42,195
Indiana:
$41,211
Change in median per capita income between 2000 and 2022:
Frankfort, Indiana:
+131.3%
State:
+83.8%
Income statistics for Hispanic or Latino residents
Median household income in Frankfort, IN in 2022:
Frankfort:
$48,709
State:
$59,737
Change in median household income between 2000 and 2022:
Frankfort, Indiana:
+89.4%
State:
+60.8%
Number of households with income < $10k:
Frankfort:
2.5% (31)
State:
5.8% (8,513)
Number of households with income $10k - 20k:
Frankfort:
0.0% (0)
Indiana:
7.6% (11,151)
Number of households with income $20k - 30k:
Frankfort:
4.9% (60)
State:
8.7% (12,768)
Number of households with income $30k - 40k:
Frankfort:
24.7% (303)
State:
9.8% (14,507)
Number of households with income $40k - 50k:
Frankfort:
21.4% (263)
Indiana:
10.4% (15,272)
Number of households with income $50k - 60k:
Frankfort:
7.4% (91)
State:
8.0% (11,829)
Number of households with income $60k - 75k:
Frankfort:
6.5% (80)
State:
11.4% (16,875)
Number of households with income $75k - 100k:
Frankfort:
13.3% (164)
Indiana:
14.5% (21,434)
Number of households with income $100k - 125k:
Frankfort:
8.3% (102)
State:
9.2% (13,525)
Number of households with income $125k - 150k:
Frankfort:
4.6% (56)
State:
4.9% (7,171)
Number of households with income $150k - 200k:
Frankfort:
2.3% (28)
State:
5.2% (7,618)
Number of households with income > $200k:
Frankfort:
4.1% (51)
State:
4.7% (6,892)
Aggregate household income in Frankfort in 2022: $89,564,740
Median family income in Frankfort in 2022:
Frankfort:
$53,326
State:
$67,946
Number of families with income < $10k:
Frankfort:
6.4% (63)
Indiana:
5.5% (5,742)
Number of families with income $20k - 30k:
Frankfort:
1.1% (11)
State:
7.4% (7,835)
Number of families with income $30k - 40k:
Frankfort:
19.6% (193)
State:
8.0% (8,423)
Number of families with income $40k - 50k:
Frankfort:
16.9% (166)
State:
8.8% (9,234)
Number of families with income $50k - 60k:
Frankfort:
6.3% (62)
State:
8.1% (8,509)
Number of families with income $60k - 75k:
Frankfort:
6.7% (66)
Indiana:
11.8% (12,426)
Number of families with income $75k - 100k:
Frankfort:
21.1% (207)
State:
16.8% (17,634)
Number of families with income $100k - 125k:
Frankfort:
10.5% (103)
State:
9.8% (10,348)
Number of families with income $125k - 150k:
Frankfort:
3.0% (30)
Indiana:
6.0% (6,363)
Number of families with income $150k - 200k:
Frankfort:
2.7% (27)
State:
5.9% (6,220)
Number of families with income > $200k:
Frankfort:
5.6% (55)
Indiana:
5.8% (6,146)
Median non-family income in Frankfort in 2022:
Frankfort:
$34,698
State:
$39,475
Change in median non-family income between 2000 and 2022:
Frankfort, Indiana:
+113.5%
State:
+68.5%
Median per capita income in Frankfort in 2022:
Frankfort:
$18,264
Indiana:
$22,779
Change in median per capita income between 2000 and 2022:
Frankfort, Indiana:
+113.7%
Indiana:
+76.3%
Income statistics for American Indian and Alaska Native residents
Median per capita income in Frankfort in 2022:
Frankfort:
$27,413
State:
$27,558
Income statistics for Multirace residents
Median household income in Frankfort, IN in 2022:
Frankfort:
$55,841
State:
$59,942
Change in median household income between 2000 and 2022:
Frankfort, Indiana:
+55.8%
State:
+85.6%
Number of households with income < $10k:
Frankfort:
10.0% (50)
Indiana:
7.0% (9,131)
Number of households with income $10k - 20k:
Frankfort:
0.0% (0)
State:
7.5% (9,781)
Number of households with income $20k - 30k:
Frankfort:
4.2% (21)
State:
8.1% (10,666)
Number of households with income $30k - 40k:
Frankfort:
11.2% (56)
State:
9.9% (12,947)
Number of households with income $40k - 50k:
Frankfort:
20.5% (102)
Indiana:
9.9% (13,028)
Number of households with income $50k - 60k:
Frankfort:
10.6% (53)
State:
7.7% (10,076)
Number of households with income $60k - 75k:
Frankfort:
15.7% (78)
State:
11.2% (14,741)
Number of households with income $75k - 100k:
Frankfort:
14.7% (73)
Indiana:
14.5% (18,959)
Number of households with income $100k - 125k:
Frankfort:
6.2% (31)
State:
8.9% (11,697)
Number of households with income $125k - 150k:
Frankfort:
6.8% (34)
State:
4.9% (6,406)
Number of households with income $150k - 200k:
Frankfort:
0.0% (0)
State:
5.9% (7,688)
Number of households with income > $200k:
Frankfort:
0.0% (0)
State:
4.6% (6,026)
Aggregate household income in Frankfort in 2022: $28,552,658
Median family income in Frankfort in 2022:
Frankfort:
$55,607
Indiana:
$70,519
Number of families with income < $10k:
Frankfort:
13.5% (66)
State:
7.8% (6,802)
Number of families with income $30k - 40k:
Frankfort:
10.1% (50)
Indiana:
6.6% (5,746)
Number of families with income $40k - 50k:
Frankfort:
19.6% (96)
State:
8.3% (7,195)
Number of families with income $50k - 60k:
Frankfort:
11.6% (57)
State:
8.1% (7,047)
Number of families with income $60k - 75k:
Frankfort:
14.9% (73)
Indiana:
11.7% (10,192)
Number of families with income $75k - 100k:
Frankfort:
23.3% (114)
State:
16.4% (14,276)
Number of families with income $100k - 125k:
Frankfort:
7.0% (34)
Indiana:
10.9% (9,477)
Median per capita income in Frankfort in 2022:
Frankfort:
$14,299
State:
$23,668
Change in median per capita income between 2000 and 2022:
Frankfort, Indiana:
+18.2%
Indiana:
+108.5%
Income statistics for other residents
Median household income in Frankfort, IN in 2022:
Frankfort:
$40,588
State:
$56,644
Number of households with income < $10k:
Frankfort:
0.0% (0)
Indiana:
5.4% (3,404)
Number of households with income $10k - 20k:
Frankfort:
0.0% (0)
State:
7.8% (4,921)
Number of households with income $20k - 30k:
Frankfort:
6.2% (42)
State:
9.7% (6,136)
Number of households with income $30k - 40k:
Frankfort:
31.7% (216)
State:
9.7% (6,125)
Number of households with income $40k - 50k:
Frankfort:
28.7% (196)
State:
11.0% (6,919)
Number of households with income $50k - 60k:
Frankfort:
5.6% (38)
Indiana:
8.5% (5,388)
Number of households with income $60k - 75k:
Frankfort:
1.5% (10)
State:
10.8% (6,838)
Number of households with income $75k - 100k:
Frankfort:
10.6% (72)
Indiana:
13.7% (8,633)
Number of households with income $100k - 125k:
Frankfort:
3.8% (26)
State:
9.2% (5,784)
Number of households with income $125k - 150k:
Frankfort:
0.0% (0)
Indiana:
5.6% (3,523)
Number of households with income $150k - 200k:
Frankfort:
4.8% (33)
State:
3.6% (2,254)
Number of households with income > $200k:
Frankfort:
7.2% (49)
State:
5.0% (3,185)
Aggregate household income in Frankfort in 2022: $47,583,377
Median family income in Frankfort in 2022:
Frankfort:
$49,695
State:
$64,622
Number of families with income < $10k:
Frankfort:
5.4% (25)
State:
4.1% (1,855)
Number of families with income $20k - 30k:
Frankfort:
1.0% (5)
State:
8.6% (3,905)
Number of families with income $30k - 40k:
Frankfort:
28.0% (128)
State:
10.3% (4,668)
Number of families with income $40k - 50k:
Frankfort:
20.9% (96)
State:
8.7% (3,962)
Number of families with income $60k - 75k:
Frankfort:
2.1% (10)
Indiana:
11.3% (5,157)
Number of families with income $75k - 100k:
Frankfort:
17.4% (80)
State:
15.0% (6,824)
Number of families with income $100k - 125k:
Frankfort:
6.4% (30)
State:
10.5% (4,779)
Number of families with income $150k - 200k:
Frankfort:
6.9% (32)
State:
4.1% (1,880)
Number of families with income > $200k:
Frankfort:
11.8% (54)
State:
6.8% (3,073)
Median non-family income in Frankfort in 2022:
Frankfort:
$35,852
State:
$40,883
Change in median non-family income between 2000 and 2022:
Frankfort, Indiana:
+114.0%
Indiana:
+67.1%
Median per capita income in Frankfort in 2022:
Frankfort:
$22,209
State:
$23,719
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