| Index | Frankton | Indiana | National |
| Average Test Scores | 46% | 46% | 48% |
| Student/Teacher ratio | 38:1 | 22:1 | 16:1 |
| Total public schools | 2 | 1,755 | 79,221 |
| Total private schools | n/a | 675 | 24,874 |
| Total post-secondary schools | n/a | 141 | 7,963 |


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| Index | Frankton | Indiana | National |
| Completed 8th grade | 85.8% | 84.6% | 84.3% |
| Completed high school | 85.3% | 82.9% | 83.0% |
| Completed some college | 38.5% | 53.8% | 59.4% |
| Completed associate degree | 22.9% | 33.0% | 38.5% |
| Completed bachelors | 14.3% | 24.6% | 30.3% |
| Completed masters | 5.9% | 8.9% | 11.5% |
| Completed professional degree | 0.3% | 2.4% | 3.3% |
| Completed doctorate | 0.3% | 1.0% | 1.3% |
There are a total of 2 public schools, n/a private schools and n/a post-secondary schools in Frankton. Using the proficiency score averages, the average test scores for Frankton, IN schools is 46%. The average student to teacher ratio is 38:1. In Frankton, IN, an average of 85.8% of students have completed 8th grade and an average of 85.3% have completed high school.
| City | Population | Avg. Test Scores | National Avg. |
| Noblesville, IN | 66,802 | 59% | 22.4% |
| Pendleton, IN | 4,559 | 58% | 20.0% |
| Yorktown, IN | 11,393 | 56% | 17.0% |
| Middletown, IN | 2,534 | 55% | 13.9% |
| Lapel, IN | 2,436 | 52% | 7.6% |
| Frankton, IN | 2,154 | 46% | 4.7% |
| City | Population | Avg. Test Scores | National Avg. |
| Chester, CA | 2,154 | 45% | 7.3% |
| Rising Sun, IN | 2,154 | 42% | 12.5% |
| Hawley, MN | 2,154 | 59% | 22.7% |
| Wakarusa, IN | 2,154 | 63% | 31.3% |
| Jellico, TN | 2,153 | 22% | 54.2% |
| Frankton, IN | 2,154 | 46% | 4.7% |