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Frankfort village, Ohio Demographics & Population 2026

As of 2026, Frankfort village, Ohio has a total population of 1,419, the 582nd largest city in Ohio, with a median household income of $62,583, which is 10% lower than the state average. The poverty rate is 12.9%.

Key Takeaways

Frankfort village Quick Facts

Population 1,419
Median Household Income $62,583
Median Home Value $159,100
Poverty Rate 12.9%
Unemployment Rate 1.3%
Median Age 46.2 years
Homeownership Rate 70.2%
Affordability Ratio 2.5x
Bachelor's Degree or Higher 16.7%
High School Graduation Rate 92.5%
Diversity Index 8/100
Population 1,419 582nd of 1,264
Median Income $62,583 average
Poverty Rate 12.9% 4% higher national
Median Home Value $159,100 average

How Frankfort village Compares

Economy & Housing

Employment

1.3% Unemployment Rate State: 4.9% | National: 5.2%
53.7% Labor Force Participation

Housing Overview

Owner 70.2%
Renter 29.8%
Affordability Index Very Affordable
2.5x home value to income ratio

People & Demographics

Diversity Index

8out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 39 | National average: 60

Education

Frankfort village Rankings in Ohio

#582 Population of 1,264
#654 Median Income of 1,264
#671 Education of 1,264
#512 Home Value of 1,264

Cities Similar to Frankfort village

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Lynchburg village1,408$61,094$160,9005.6%11.6%
McComb village1,455$61,809$135,80012.4%7.2%
Holland village1,444$66,250$193,00028.7%8.8%
Craig Beach village1,398$67,847$144,60016.1%17.0%
Jackson Center village1,369$59,728$138,20024.8%15.7%

Population Overview

Frankfort village is a small community located in Ohio. The total population is 1,419. It ranks as the 582nd most populous out of 1,264 cities and towns in Ohio.

Age Demographics

The median age in Frankfort village is 46.2 years. This is 17% higher than the state median of 39.6 years. 11.8% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Frankfort village is $62,583. This is 10% lower than the state median of $69,680. Compared to the national median of $78,538, household income here is 20% lower. The poverty rate stands at 12.9%. This is 3% lower than the state poverty rate of 13.2%. The unemployment rate is 1.3%. This is 73% lower than the state rate of 4.9%. The median home value is $159,100. Housing costs are 20% lower than the state median of $199,200. With a home-value-to-income ratio of just 2.5x, Frankfort village is one of the most affordable housing markets in the area. 70.2% of occupied housing units are owner-occupied. This homeownership rate is 5% higher than the state average of 67.0%.

Race & Ethnicity

Frankfort village has a predominantly White (non-Hispanic) population, comprising 95.7% of all residents. Black or African American residents account for 0.7%. The Black or African American population (0.7%) is well below the state average of 12.1%. The Hispanic or Latino population (0.1%) is well below the state average of 4.6%.

Education

16.7% of residents aged 25 and older hold a bachelor's degree or higher. This is 46% lower than the state rate of 30.9%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 92.5%.

Data Sources & Methodology

All demographic data for Frankfort village, Ohio 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 Ohio state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,264 Census-designated places in Ohio. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Frankfort village, Ohio?

Frankfort village, Ohio has a population of 1,419 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Frankfort village, OH?

The median household income in Frankfort village is $62,583, which is 20% lower the national median of $78,538.

What is the poverty rate in Frankfort village, OH?

The poverty rate in Frankfort village is 12.9%. This means approximately 180 residents live below the federal poverty line.

What is the racial makeup of Frankfort village, Ohio?

Frankfort village's population is 95.7% White, 0.7% Black, 0.1% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Frankfort village, OH?

The median home value in Frankfort village is $159,100. The home-value-to-income ratio is 2.5x.

How educated is Frankfort village, Ohio?

16.7% of adults (25+) in Frankfort village hold a bachelor's degree or higher, and 6.7% hold a graduate or professional degree.