City

Frankfort, NY

1 ZIP code  ·  Herkimer County  ·  New York

👥7,322Population
💰$69,928Median HH Income▼ 8% below avg
🎂43.8Median Age
🏠$143,900Median Home Value▼ 48% below avg
🎓42.5%College Grads▲ 10% above avg
📊3.1%Unemployment▼ 36% below avg
People & Population (ACS 2023 — weighted avg)
♂ Male 50.7% Female 49.3% ♀

Race & Ethnicity

White: 91.2%Hispanic: 1.1%Black: 2.5%Asian: 0.5%Other: 4%Race
White91.2%
Hispanic1.1%
Black2.5%
Asian0.5%
Other4.0%

Age Breakdown

Under 5
5%
5–17
14%
18–24
7%
25–44
25%
45–64
29%
65+
11%

Key Indicators

Median Age43.8 yrs
Avg HH Size2.23
Below Poverty6.5% ▼ 35% below avg
College Grads42.5% ▲ 10% above avg
Unemployment3.1% ▼ 36% below avg
No HS Diploma44 (0.8%)
HS Graduate1,889 (36.2%)
Some College628 (12%)
Associates438 (8.4%)
Bachelors1,024 (19.6%)
Graduate Degree1,191 (22.8%)

Education

No HS: 0.8%HS Grad: 36.2%Some College: 12%Associates: 8.4%Bachelors: 19.6%Graduate: 22.8%Edu
No HS0.8%
HS Grad36.2%
Some College12.0%
Associates8.4%
Bachelors19.6%
Graduate22.8%
Housing & Income

Housing Tenure

Owner: 81.3%Renter: 18.7%Tenure
Owner81.3%
Renter18.7%

Home Value Distribution

Under $50k
9%
$50k–$100k
12%
$100k–$150k
33%
$150k–$200k
17%
$200k–$300k
17%
$300k–$500k
10%
Over $500k
2%

Financials

Median HH Income$69,928 ▼ 8% below avg
Median Home Value$143,900 ▼ 48% below avg
Home/Income Ratio2.1x (nat avg ~3.5x)
Median Rent$872/mo
Total Housing Units3,427
Vacant Units162

Income Distribution

Under $25k
14%
$25k–$50k
19%
$50k–$75k
19%
$75k–$100k
11%
$100k–$150k
20%
$150k–$200k
11%
Over $200k
6%
Employment & Commute

How People Get to Work

Drove Alone
87%
Public Transit
0%
Walked
2%
Work From Home
11%

Commute Time

Under 15 min
23%
15–30 min
50%
30–45 min
18%
Over 45 min
9%
Housing Stock

Year Built

Before 1940
6%
1940s–1950s
12%
1960s–1970s
10%
1980s–1990s
12%
2000+
59%
About Frankfort, NY

Frankfort is a city in New York, located in Herkimer County. The city spans 1 ZIP code and is home to approximately 7,322 residents. It is a middle-aged city, with a median age of 43.8 years.

Economically, Frankfort is a solidly middle-class community. The median household income of $69,928 is near the national average. Approximately 6.5% of residents live below the poverty line. The unemployment rate is 3.1%, below the national average.

The real estate market in Frankfort is one of the more affordable housing markets in the country. Median home values stand at $143,900, which is below the national average. Renters typically pay around $872 per month. Homeownership is high at 81.3%, typical of suburban and family-oriented communities.

The population of Frankfort is well-educated. 42.5% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (91.22%).

Frankfort, NY offers residents a cost-conscious lifestyle within New York.

ZIP Codes in Frankfort
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
13340 7,322 $69,928 $143,900 $872 3.1% 42.5% 81.3%