Franktown, CO
Population 405 · Colorado
About Franktown, CO
Franktown is a small community located in Colorado with a population of 405 residents according to the latest US Census Bureau American Community Survey data. The median household income is $0 per year, which is 100% below the national median of $75,149. The median age of 45 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Franktown features a median home value of $1,066,000, which is 335% above the national median of $244,900. This places Franktown in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 130 total housing units, 100% are owner-occupied (130 units) and 0% are renter-occupied (0 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Franktown shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 0.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Franktown have an average one-way commute time of 41.2 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
56.7% of Franktown residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Franktown, CO
Compared to national averages, Franktown has a median household income of $0 (100% below the national median of $75,149). Home values average $1,066,000, which is 335% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Colorado, Franktown's income is 100% below the state average of $88,514, and home values are 133% above the state median of $457,127.
Why Live in Franktown, CO?
Franktown offers rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%, and a well-educated community where 56.7% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 0.0%, better than the national average.
Potential considerations include median household income ($0) that falls below the national average, and a competitive housing market where the typical home costs $1,066,000. However, Franktown’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Franktown has a population of 405 with a median age of 45 years. Compare Franktown with other cities to see how it stacks up, or explore all cities in Colorado.
Similar Cities Near Franktown
Cities in Colorado with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Redvale | 405 | $81,667 | $256,500 | Compare |
| Walsh | 403 | $21,711 | $82,100 | Compare |
| Brook Forest | 408 | $136,932 | $630,600 | Compare |
| Phippsburg | 399 | $110,870 | $310,000 | Compare |
| Arboles | 396 | $42,500 | $282,500 | Compare |
| Victor | 414 | $44,914 | $193,100 | Compare |
| Coal Creek | 395 | $41,333 | $205,300 | Compare |
| Morrison | 415 | $116,667 | $739,900 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Colorado
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Franktown
What is the population of Franktown, CO?
The population of Franktown, CO is 405 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Colorado.
What is the median household income in Franktown?
The median household income in Franktown, CO is $0 per year, which is 100% below the national median of $75,149.
What is the median home value in Franktown?
The median home value in Franktown, CO is $1,066,000, which is 335% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Franktown?
The median monthly rent in Franktown, CO is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Franktown?
The unemployment rate in Franktown, CO is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Franktown, CO a good place to live?
Franktown offers a moderate cost of living, a competitive housing market, and a strong job market. With a population of 405 and a median age of 45, the city appeals to a broad range of residents.
How educated is Franktown, CO?
56.7% of residents in Franktown aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Franktown?
Key cost-of-living indicators for Franktown, CO: median home value is $1,066,000 (335% above national), median rent is $0/month, and median household income is $0. The home-value-to-income ratio is Infinityx, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Franktown?
The poverty rate in Franktown, CO is 0.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Franktown, CO?
Franktown's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.