Cost Of Living
The cost of living in this region is notably lower than the national average, encompassing everyday goods, housing, utilities, transportation and health care expenses.
Crime
The crime rate is far lower than the national average per 100,000 residents. As such, it should be considered a very safe place to live when compared to other areas.
Housing
High scores in the housing category are attributed to this area, possibly pointing to a favorable home affordability ratio, robust appreciation rates or elevated home values.
Health & Safety
Achieving a high health and safety score relies on factors including great air quality and convenient access to vital health facilities such as hospitals, doctors, clinics and police stations.
Ratings
Locals express favorable opinions about the proximity of everyday local amenities, parks, public transit, neighborly atmosphere, strong sense of community and the general safety of the area.
Amenities
A large portion of amenities are not ideally situated within walking distance, potentially requiring residents to utilize a vehicle or public transportation.
Commute
Access to public transportation in this particular area may be limited, which can result in longer-than-average commute times to reach workplaces.
Employment
Low income levels and high unemployment rates results in a low score in the employment category. It could prove difficult to find well-paying employment in this area.
Schools
The lower than average schools score may be influenced by below-average education levels, subpar reading and math scores and the lack of access to local elementary and high schools.
Located in the state of Indiana, Frankfort is a moderately-sized city with a population of 15,569 people. At 85%, the majority of the Frankfort population is White; this is followed by 0% Black and 0% Asian. Additionally, more than a quarter of the population of Frankfort are of Hispanic or Latino origin, and 22% of the population also speak Spanish. If you're not a fan of traffic congestion and long commute times to work, Frankfort is the place to be. Commutes to work here are shorter, with an average one-way commute time taking only 20 minutes, significantly lower than the national average of 26 minutes.
Are you trying to figure out if living in Frankfort is the right fit for your lifestyle? To ensure a great experience before moving to any new city in Indiana, you will probably want to make sure that you check all of the most important boxes. Several key factors deserve attention. For one, safety is paramount, ensuring that your new area is low in crime is key. Proximity to workplaces or schools minimizes commute times and fosters convenience. Access to essential amenities like parks, grocery stores, food, fitness, shops and healthcare facilities enhances daily life. Efficient public transportation options provide mobility and connectivity. The sense of community creates a welcoming and supportive environment. Lastly, the overall atmosphere, encompassing the vibe, aesthetics, and lifestyle offerings, contributes to a fulfilling living experience. Considering these elements helps identify the ideal neighborhood for your needs and preferences. To help you find the best places to live in and around Frankfort, AreaVibes has created a livability score using key metrics like crime, health & safety, education, housing and more.
Frankfort, IN receives 72/100 for its livability score; this results in a ranking of #77 in Indiana and #5,135 in the USA. If we probe a little deeper into each category within the livability score, we see that Frankfort has higher than average rankings for the following: crime (A+) and housing (A-). Frankfort does not do well for the following: amenities (F), education (F) and employment (F). It might be a smart idea to take a closer look at each category to find out why.
Feeling a sense of safety in the area that you live in is a must for most people. Low crime rates can have a positive impact on things like home prices, home appreciation rates and can help foster positive community dynamics and social cohesion. Frankfort has a violent crime rate of 36 crimes per 100,000 residents which is far lower than the national average.
A healthy real estate market serves as a key economic indicator. It could signify overall local economic strength, stability and reflects consumer confidence in the area. Based on multiple factors including: median home and rental prices, appreciation rates and home affordability, Frankfort has received high marks in the housing category. Based on these calculations, the apartment rental and real estate market appears to be very healthy.
Frankfort real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Frankfort. The median home price for Frankfort homes is $87,900, which is 30.5% lower than the Indiana average. If we take a closer look at the affordability of homes in Frankfort, we’ll see that the home price to income ratio is 2.1, which is 16% lower than the Indiana average.
| Statistic | Frankfort | Indiana | National |
| Average one way commute | 20min | 23min | 26min |
| Workers who drive to work | 79.2% | 83.0% | 76.4% |
| Workers who carpool | 14.8% | 8.9% | 9.3% |
| Workers who take public transit | 0.0% | 1.1% | 5.1% |
| Workers who bicycle | 0.6% | 0.5% | 0.6% |
| Workers who walk | 0.4% | 2.1% | 2.8% |
| Working from home | 1.7% | 3.5% | 4.6% |
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