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Frankfort city, Kentucky Demographics & Population 2026

As of 2026, Frankfort city, Kentucky has a total population of 28,452, the 14th largest city in Kentucky, with a median household income of $54,438, which is 13% lower than the state average. The poverty rate is 18.7%.

Frankfort city Quick Facts

Population 28,452
Median Household Income $54,438
Median Home Value $171,600
Poverty Rate 18.7%
Unemployment Rate 7.2%
Median Age 34.7 years
Homeownership Rate 48.0%
Affordability Ratio 3.2x
Bachelor's Degree or Higher 27.9%
High School Graduation Rate 90.8%
Diversity Index 45/100
Population 28,452 14th of 552
Median Income $54,438 average
Poverty Rate 18.7% 50% higher national
Median Home Value $171,600 above average

How Frankfort city Compares

Economy & Housing

Employment

7.2% Unemployment Rate State: 4.8% | National: 5.2%
64.1% Labor Force Participation

Housing Overview

Owner 48.0%
Renter 52.0%
Affordability Index Affordable
3.2x home value to income ratio

People & Demographics

Diversity Index

45out of 100
Moderate Diversity

Moderate diversity with one or two groups making up the majority.

State average: 31 | National average: 60

Education

Frankfort city Rankings in Kentucky

#14 Population of 552
#258 Median Income of 552
#165 Education of 552
#187 Home Value of 552

Cities Similar to Frankfort city

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Paducah city26,894$51,243$164,60028.4%21.5%
Henderson city27,994$47,176$151,40018.2%19.7%
Elizabethtown city31,870$56,250$223,20028.3%15.7%
Hopkinsville city31,011$47,428$140,20022.1%20.1%
Jeffersontown city28,988$78,185$236,80038.9%6.8%

Population Overview

Frankfort city is a mid-sized community located in Kentucky. The total population is 28,452. It ranks as the 14th most populous out of 552 cities and towns in Kentucky.

Age Demographics

The median age in Frankfort city is 34.7 years. This is 11% lower than the state median of 39.1 years.

Economy, Income & Housing

The median household income in Frankfort city is $54,438. This is 13% lower than the state median of $62,417. Compared to the national median of $78,538, household income here is 31% lower. The poverty rate stands at 18.7%. This is 16% higher than the state poverty rate of 16.1%. The unemployment rate is 7.2%. This is 49% higher than the state rate of 4.8%. The median home value is $171,600. Housing costs are 11% lower than the state median of $192,300. The home-value-to-income ratio is 3.2x. 48.0% of occupied housing units are owner-occupied. This homeownership rate is 30% lower than the state average of 68.3%.

Race & Ethnicity

The largest racial or ethnic group in Frankfort city is White (non-Hispanic), making up 72.0% of the population. Black or African American residents account for 13.9%. The Black or African American population is significantly higher than the state average (13.9% vs 7.8%). The Asian population is significantly higher than the state average (2.8% vs 1.5%).

Education

27.9% of residents aged 25 and older hold a bachelor's degree or higher. This is 3% higher than the state rate of 27.0%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 90.8%.

Data Sources & Methodology

All demographic data for Frankfort city, Kentucky is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Kentucky state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 552 Census-designated places in Kentucky. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Frankfort city, Kentucky?

Frankfort city, Kentucky has a population of 28,452 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Frankfort city, KY?

The median household income in Frankfort city is $54,438, which is 31% lower the national median of $78,538.

What is the poverty rate in Frankfort city, KY?

The poverty rate in Frankfort city is 18.7%. This means approximately 5,085 residents live below the federal poverty line.

What is the racial makeup of Frankfort city, Kentucky?

Frankfort city's population is 72.0% White, 13.9% Black, 6.1% Hispanic/Latino, and 2.8% Asian.

What is the median home value in Frankfort city, KY?

The median home value in Frankfort city is $171,600. The home-value-to-income ratio is 3.2x.

How educated is Frankfort city, Kentucky?

27.9% of adults (25+) in Frankfort city hold a bachelor's degree or higher, and 12.6% hold a graduate or professional degree.