Frankfort, NY
Population 2,384 · New York
About Frankfort, NY
Frankfort is a small community in New York with a population of 2,384 residents. The median household income is $48,931 per year, which is below the national average. The median age in Frankfort is 37 years.
Housing in Frankfort has a median home value of $119,000 and median monthly rent of $811. Of the 1,192 total housing units, the majority are owner-occupied, with 793 owner-occupied and 270 renter-occupied units.
The unemployment rate in Frankfort is 0.6% and the poverty rate is 11.8%. 12.6% of residents hold a bachelor's degree or higher. The average commute time is 25 minutes.
How Frankfort Ranks in New York
Cost of Living in Frankfort, NY
Compared to national averages, Frankfort has a median household income of $48,931 (35% below the national median of $75,149). Home values average $119,000, which is 51% below the national median. Monthly rent at $811 is 30% below the US average of $1,163. Within New York, Frankfort's income is 50% below the state average of $96,987, and home values are 69% below the state median of $387,181.
Why Live in Frankfort, NY?
Frankfort offers affordable housing with a median home value of $119,000, below the US average of $244,900, and rent that’s lower than the national average at $811/month, and a strong job market with an unemployment rate of just 0.6%. Additionally, the city features a low poverty rate of 11.8%, better than the national average.
Potential considerations include median household income ($48,931) that falls below the national average. However, Frankfort’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Frankfort has a population of 2,384 with a median age of 37 years. Compare Frankfort with other cities to see how it stacks up, or explore all cities in New York.
Similar Cities Near Frankfort
Cities in New York with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Phoenix | 2,393 | $60,000 | $143,900 | Compare |
| East Ithaca | 2,372 | $108,839 | $320,900 | Compare |
| Jamestown West | 2,398 | $64,034 | $145,400 | Compare |
| Lincoln Park | 2,406 | $81,337 | $254,300 | Compare |
| Moriches | 2,407 | $78,269 | $466,500 | Compare |
| Siena College | 2,349 | $0 | $0 | Compare |
| Halesite | 2,348 | $153,375 | $822,300 | Compare |
| Lakeland | 2,344 | $89,405 | $156,100 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in New York
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, NY?
The population of Frankfort, NY is 2,384 according to the latest Census data.
What is the median household income in Frankfort?
The median household income in Frankfort, NY is $48,931 per year.
What is the median home value in Frankfort?
The median home value in Frankfort, NY is $119,000.
What is the average rent in Frankfort?
The median monthly rent in Frankfort, NY is $811.
What is the unemployment rate in Frankfort?
The unemployment rate in Frankfort, NY is 0.6%.