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Frankfort Indiana Real Estate By Jennifer Hershey

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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See Also:

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