City

Frankfort, ME

1 ZIP code  ·  Waldo County  ·  Maine

👥1,229Population
💰$64,750Median HH Income▼ 15% below avg
🎂46.1Median Age
🏠$187,500Median Home Value▼ 33% below avg
🎓39.8%College Grads≈ Avg
📊1.1%Unemployment▼ 78% below avg
People & Population (ACS 2023 — weighted avg)
♂ Male 46.5% Female 53.5% ♀

Race & Ethnicity

White: 94.5%Hispanic: 0.2%Asian: 0.2%Other: 4.6%Race
White94.5%
Hispanic0.2%
Asian0.2%
Other4.6%

Age Breakdown

Under 5
4%
5–17
16%
18–24
7%
25–44
22%
45–64
32%
65+
8%

Key Indicators

Median Age46.1 yrs
Avg HH Size2.34
Below Poverty18.4% ▲ 84% above avg
College Grads39.8% ≈ Avg
Unemployment1.1% ▼ 78% below avg
No HS Diploma13 (1.5%)
HS Graduate300 (34.9%)
Some College90 (10.5%)
Associates114 (13.3%)
Bachelors68 (7.9%)
Graduate Degree274 (31.9%)

Education

No HS: 1.5%HS Grad: 34.9%Some College: 10.5%Associates: 13.3%Bachelors: 7.9%Graduate: 31.9%Edu
No HS1.5%
HS Grad34.9%
Some College10.5%
Associates13.3%
Bachelors7.9%
Graduate31.9%
Housing & Income

Housing Tenure

Owner: 86.5%Renter: 13.6%Tenure
Owner86.5%
Renter13.6%

Home Value Distribution

Under $50k
2%
$50k–$100k
15%
$100k–$150k
23%
$150k–$200k
12%
$200k–$300k
34%
$300k–$500k
14%
Over $500k
1%

Financials

Median HH Income$64,750 ▼ 15% below avg
Median Home Value$187,500 ▼ 33% below avg
Home/Income Ratio2.9x (nat avg ~3.5x)
Median Rent$1,223/mo
Total Housing Units548
Vacant Units24

Income Distribution

Under $25k
13%
$25k–$50k
22%
$50k–$75k
15%
$75k–$100k
28%
$100k–$150k
14%
$150k–$200k
7%
Over $200k
2%
Employment & Commute

How People Get to Work

Drove Alone
88%
Walked
1%
Work From Home
11%

Commute Time

Under 15 min
6%
15–30 min
33%
30–45 min
45%
Over 45 min
16%
Housing Stock

Year Built

Before 1940
0%
1940s–1950s
4%
1960s–1970s
16%
1980s–1990s
23%
2000+
57%
About Frankfort, ME

Frankfort is a city in Maine, located in Waldo County. The city spans 1 ZIP code and is home to approximately 1,229 residents. It is a mature city, with a median age of 46.1 years.

Economically, Frankfort is a solidly middle-class community. The median household income of $64,750 is below the national average. Approximately 18.4% of residents live below the poverty line. The unemployment rate is 1.1%, well below the national average.

The real estate market in Frankfort is an affordable housing market. Median home values stand at $187,500, which is below the national average. Renters typically pay around $1,223 per month. Homeownership is high at 86.5%, typical of suburban and family-oriented communities.

The population of Frankfort is moderately educated. 39.8% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (94.47%).

Frankfort, ME offers residents a cost-conscious lifestyle within Maine.

ZIP Codes in Frankfort
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
04438 1,229 $64,750 $187,500 $1,223 1.1% 39.8% 86.5%