Frankston, TX
Population 1,270 · Texas
About Frankston, TX
Frankston is a small town located in Texas with a population of 1,270 residents according to the latest US Census Bureau American Community Survey data. The median household income is $59,423 per year, which is 21% below the national median of $75,149. The median age of 40.2 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Frankston features a median home value of $105,800, which is 57% below the national median of $244,900. This makes Frankston one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $939, 19% below the national average of $1,163/month. Of the 613 total housing units, 62% are owner-occupied (320 units) and 38% are renter-occupied (194 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Frankston shows an unemployment rate of 3.7%, which is near the national rate of 3.7%. The poverty rate stands at 9.8%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Frankston have an average one-way commute time of 32.7 minutes.
Education & Demographics
17.6% of Frankston 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 5.0% White, 4.9% Hispanic or Latino, 0.0% Black or African American, and 1.7% Asian residents, with 1.7% of the population being foreign-born.
Cost of Living in Frankston, TX
Compared to national averages, Frankston has a median household income of $59,423 (21% below the national median of $75,149). Home values average $105,800, which is 57% below the national median. Monthly rent at $939 is 19% below the US average of $1,163. Within Texas, Frankston's income is 18% below the state average of $72,726, and home values are 50% below the state median of $211,769.
Why Live in Frankston, TX?
Frankston offers affordable housing with a median home value of $105,800, below the US average of $244,900, and rent that’s lower than the national average at $939/month, and a low poverty rate of 9.8%, better than the national average.
Potential considerations include median household income ($59,423) that falls below the national average. However, Frankston’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Frankston has a population of 1,270 with a median age of 40.2 years. Compare Frankston with other cities to see how it stacks up, or explore all cities in Texas.
Similar Cities Near Frankston
Cities in Texas with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Milam | 1,275 | $46,200 | $124,900 | Compare |
| Lamar | 1,282 | $83,117 | $323,700 | Compare |
| Moody | 1,258 | $57,125 | $121,200 | Compare |
| Booker | 1,283 | $67,569 | $141,400 | Compare |
| Santa Anna | 1,257 | $47,750 | $54,500 | Compare |
| Gruver | 1,255 | $66,333 | $107,300 | Compare |
| Seven Points | 1,287 | $55,517 | $94,300 | Compare |
| Dennis | 1,290 | $162,558 | $550,200 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Texas
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Frankston With Other Cities
Frequently Asked Questions about Frankston
What is the population of Frankston, TX?
The population of Frankston, TX is 1,270 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Texas.
What is the median household income in Frankston?
The median household income in Frankston, TX is $59,423 per year, which is 21% below the national median of $75,149.
What is the median home value in Frankston?
The median home value in Frankston, TX is $105,800, which is 57% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Frankston?
The median monthly rent in Frankston, TX is $939, which is 19% below the national average of $1,163/month.
What is the unemployment rate in Frankston?
The unemployment rate in Frankston, TX is 3.7%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Frankston, TX a good place to live?
Frankston offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 1,270 and a median age of 40.2, the city appeals to a broad range of residents.
How educated is Frankston, TX?
17.6% of residents in Frankston 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 Frankston?
Key cost-of-living indicators for Frankston, TX: median home value is $105,800 (57% below national), median rent is $939/month, and median household income is $59,423. The home-value-to-income ratio is 1.8x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Frankston?
The poverty rate in Frankston, TX is 9.8%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Frankston, TX?
Frankston's population is 5.0% White, 4.9% Hispanic or Latino, 0.0% Black or African American, 1.7% Asian, and 14.8% two or more races. 1.7% of residents are foreign-born.