Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 44.6 yrs |
|---|---|
| Avg HH Size | 2.56 |
| Below Poverty | 7.5% ▼ 25% below avg |
| College Grads | 27.8% ▼ 28% below avg |
| Unemployment | 3.0% ▼ 40% below avg |
| No HS Diploma | 17 (1%) |
| HS Graduate | 869 (48.8%) |
| Some College | 233 (13.1%) |
| Associates | 166 (9.3%) |
| Bachelors | 219 (12.3%) |
| Graduate Degree | 276 (15.5%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $75,125 ≈ Avg |
|---|---|
| Median Home Value | $159,000 ▼ 43% below avg |
| Home/Income Ratio | 2.1x (nat avg ~3.5x) |
| Median Rent | $1,021/mo |
| Total Housing Units | 1,121 |
| Vacant Units | 86 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Frankton is a city in Indiana, located in Madison County. The city spans 1 ZIP code and is home to approximately 2,646 residents. It is a middle-aged city, with a median age of 44.6 years.
Economically, Frankton is a middle-income community. The median household income of $75,125 is near the national average. Approximately 7.5% of residents live below the poverty line. The unemployment rate is 3.0%, below the national average.
The real estate market in Frankton is an affordable housing market. Median home values stand at $159,000, which is below the national average. Renters typically pay around $1,021 per month. Homeownership is high at 86.4%, typical of suburban and family-oriented communities.
The population of Frankton is moderately educated. 27.8% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (93.76%).
Frankton, IN offers residents a cost-conscious lifestyle within Indiana.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 46044 | 2,646 | $75,125 | $159,000 | $1,021 | 3.0% | 27.8% | 86.4% |