Frankfort Indiana Real Estate
Frankfort, Indiana, is located in Clinton County, 21 miles E of Lafayette, Indiana and 38 miles NW of Indianapolis, Indiana. Frankfort has a population of 16,662.
Frankfort Homes
Frankfort properties pool is 6,274 residential properties including Frankfort new homes. Median age of real estate in Frankfort is 1951. Average Household size is 3.12 people. 3% are one bedroom homes, 36% are 2 bedroom homes, 46% are 3 bedroom homes, 12% are 4 bedroom homes, and 3% are 5+ bedroom homes.
Frankfort Mortgage Statistics
Frankfort mortgages vs. USA median statistics
Homes |
Frankfort |
USA |
Homes With No Mortgage |
34% |
30% |
Homes With Mortgage |
66% |
70% |
First Mortgage Only |
54% |
54% |
First & Second Mortgage or HELOC |
11% |
16% |
Frankfort Area Real Estate Tax
Frankfort Real estate Tax: Median Real Estate Taxes (2000) were $669 comparing to 1999 Median Family income $ 42,686. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).
Frankfort School District: Children make up 27% of Frankfort population. Frankfort has 4,498 under 18 years old residents, or 0.68 kids per one worker, or 0.72 kids per one household.
Frankfort Real Estate & Frankfort Homeownership
There are 1756.72 or 28% one person households, 1944.94 or 31% two person households, and 1003.84 or 16% three person households in Frankfort, Indiana. Median residents age is 34, Senior citizens (65+) make up 2,618 or 15.7%% of Frankfort population.
There are 6,597 workers (over 16 years of age) in Frankfort. Of these, 93.19% drive to work. Approximately 0.99% of workers in Frankfort take public transportation. An estimated 1.29% walk to work.
Median Frankfort homeowner's housing expences are 16.8%
Crime in Frankfort (2003), crimes per 10,000 residents per year
Type of Crime |
Frankfort |
USA, 2003 |
Violent Crimes |
30.01 |
47.5 |
Robberies |
6 |
14.2 |
Aggravated Assaults |
19.21 |
29.5 |
Property Crimes |
598.37 |
358.8 |
Burglaries |
94.23 |
74.0 |
Larceny-Thefts |
477.13 |
241.5 |
Motor Vehicle Thefts |
27.01 |
43.3 |
Invest in Frankfort Properties
When making a decision about buying real estate in Frankfort Indiana area, you should consider following statistical data:
Category |
Frankfort |
USA |
Near Medium City |
Lafayette, Indiana |
- |
Near Large City |
Indianapolis, Indiana |
- |
Frankfort Zip Codes |
46041 |
- |
Frankfort Area Codes |
765 |
- |
White population |
90.08% |
75.1% |
African-American population |
0.47% |
12.3% |
Asian |
0.28% |
3.6% |
American Indian & Alaskan |
0.16% |
0.9% |
Hispanic (of any race) |
13.53% |
12.5% |
Median Family Income (1999) |
$ 42,686% |
$42,000 |
Population Below Poverty Level |
11.21% |
12.4% |
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