Frankfort, KS
Population 731 · Kansas
About Frankfort, KS
Frankfort is a small community located in Kansas with a population of 731 residents according to the latest US Census Bureau American Community Survey data. The median household income is $77,917 per year, which is 4% above the national median of $75,149. The median age of 43.5 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 Frankfort features a median home value of $70,700, which is 71% below the national median of $244,900. This makes Frankfort one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $692, 40% below the national average of $1,163/month. Of the 385 total housing units, 90% are owner-occupied (295 units) and 10% are renter-occupied (32 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Frankfort shows an unemployment rate of 1.2%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 5.1%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Frankfort have an average one-way commute time of 21.9 minutes.
Education & Demographics
22.0% of Frankfort residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.0% White, 0.1% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 1.4% of the population being foreign-born.
Cost of Living in Frankfort, KS
Compared to national averages, Frankfort has a median household income of $77,917 (4% above the national median of $75,149). Home values average $70,700, which is 71% below the national median. Monthly rent at $692 is 40% below the US average of $1,163. Within Kansas, Frankfort's income is 22% above the state average of $63,989, and home values are 38% below the state median of $113,913.
Why Live in Frankfort, KS?
Frankfort offers a strong local economy with a median household income of $77,917, well above the national average, and affordable housing with a median home value of $70,700, below the US average of $244,900, and rent that’s lower than the national average at $692/month. Additionally, the city features a strong job market with an unemployment rate of just 1.2%, and a low poverty rate of 5.1%, better than the national average, and short commute times averaging just 21.9 minutes.
Frankfort has a population of 731 with a median age of 43.5 years. Compare Frankfort with other cities to see how it stacks up, or explore all cities in Kansas.
Similar Cities Near Frankfort
Cities in Kansas with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Wilroads Gardens | 736 | $0 | $93,000 | Compare |
| Waterville | 748 | $70,625 | $90,300 | Compare |
| Mount Hope | 754 | $76,667 | $136,900 | Compare |
| Dighton | 703 | $48,750 | $138,200 | Compare |
| Greensburg | 703 | $55,238 | $188,600 | Compare |
| Hoyt | 759 | $67,438 | $136,100 | Compare |
| Minneola | 703 | $65,417 | $95,700 | Compare |
| Deerfield | 760 | $72,692 | $103,100 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Kansas
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Frankfort
What is the population of Frankfort, KS?
The population of Frankfort, KS is 731 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Kansas.
What is the median household income in Frankfort?
The median household income in Frankfort, KS is $77,917 per year, which is 4% above the national median of $75,149.
What is the median home value in Frankfort?
The median home value in Frankfort, KS is $70,700, which is 71% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Frankfort?
The median monthly rent in Frankfort, KS is $692, which is 40% below the national average of $1,163/month.
What is the unemployment rate in Frankfort?
The unemployment rate in Frankfort, KS is 1.2%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Frankfort, KS a good place to live?
Frankfort offers above-average incomes, affordable housing, and a strong job market. With a population of 731 and a median age of 43.5, the city appeals to a broad range of residents.
How educated is Frankfort, KS?
22.0% of residents in Frankfort aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Frankfort?
Key cost-of-living indicators for Frankfort, KS: median home value is $70,700 (71% below national), median rent is $692/month, and median household income is $77,917. The home-value-to-income ratio is 0.9x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Frankfort?
The poverty rate in Frankfort, KS is 5.1%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Frankfort, KS?
Frankfort's population is 0.0% White, 0.1% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 2.5% two or more races. 1.4% of residents are foreign-born.