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 15,906 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. Not a fan of sitting in traffic during your commute to work? Frankfort offers shorter work commutes, with an average one-way commute time taking only 20 minutes, far lower than the national average of 26 minutes.
If you’re considering moving to any new city, it could be a very daunting task. However, it could also be a fulfilling experience if you are willing to get to know the city before actually living in Frankfort, Indiana. When searching for a new neighborhood, several key items should be considered. Safety is of utmost importance, ensuring a secure environment with low crime. Proximity to your workplace or school helps reduce commuting time and offers convenience. Access to amenities such as parks, grocery stores, and healthcare facilities enhances your daily life. Public transportation options contribute to easy mobility. A sense of community fosters a supportive and engaging environment. Lastly, the overall atmosphere should align with your desired lifestyle, ensuring a fulfilling living experience. Considering these items will guide you towards finding the perfect neighborhood that fits all your needs. The best areas in Frankfort and in surrounding cities are easier to find when you are able to make informed decisions. Using data from crime, commute, health & safety, housing, you will see a detailed breakdown of the most important information as well as comparisons to the Indiana and national averages.
Using data and statistics Frankfort has received a livability score of 74/100. This score is ranked in the 85th percentile when compared to all other cities. For each of the livability categories, we see that Frankfort ranks very well for crime (A+) and housing (A+). There are some categories that Frankfort scores poorly for, including: amenities (F), education (F) and employment (D-). It might be worth taking a closer look to determine why.
Crime rates play a pivotal role in the decision-making process for anyone considering a move, as they directly influence the overall sense of safety, security and quality of life in a given location. Frankfort shines in this regard, earning exemplary ratings for its exceptionally low violent crime rates, standing at 110 crimes per 100,000 residents. These rates are notably below the national average, underscoring the community's commitment to safety and contributing to an enhanced quality of life.
Real estate represents the most substantial investment for homebuyers, constituting their most valuable asset. Renters, on the other hand, typically see their monthly rent as their most significant expense. The Frankfort market earns a high score in the housing category, surpassing the national average in factors like home and rental affordability and appreciation rates. This robust real estate market not only benefits individual homeowners and renters but also spurs vigorous local economic activity and job growth, solidifying its significance in driving the region's prosperity and financial well-being.
Being close to public transit, grocery stores, parks and other conveniences are all important when weighing your options for a new home in Frankfort. Before you determine if any of these amenities are available in the area, you will also want to know if the real estate prices in Frankfort are affordable. Median real estate prices in Frankfort come in at $158,810, which is 30% lower than the Indiana average. The home price to income ratio compares the median home prices to the median household income. In Frankfort, the home price to income ratio is 2.5, which is 16.7% 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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