The Town of Frankton had a population of 1,874 as of July 1, 2016.
The primary coordinate point for Frankton is located at latitude 40.2211 and longitude -85.7719 in Madison County. The formal boundaries for the Town of Frankton (see map below) encompass a land area of 1.05 sq. miles and a water area of 0 sq. miles. Madison County is in the Eastern time zone (GMT -5). The elevation is 833 feet.
The Town of Frankton (GNIS ID: 2396949) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.
Beneath the boundary map are tables with Frankton population, income and housing data, five-year growth projections and peer comparisons for key demographic data. The estimates are for July 1, 2016.
|Population in Households||1,874|
|Population in Familes||1,583|
|Population in Group Qrtrs||0|
|Average Household Size||2.55|
|Average Family Size||3|
|Total Housing Units||817 (100%)|
|Owner Occupied HU||583 (71.4%)|
|Renter Occupied HU||153 (18.7%)|
|Vacant Housing Units||81 ( 9.9%)|
|Median Home Value||$84,957|
|Average Home Value||$106,432|
|Median Household Income||$51,897|
|Average Household Income||$58,977|
|Per Capita Income||$23,357|
|(Compound Annual Growth Rates)|
|Median Household Income||1.21%|
|Per Capita Income||1.68%|
The table below compares Frankton to the other 680 incorporated cities, towns and CDPs in Indiana by rank and percentile using July 1, 2016 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.
|Total Population||# 233||66th|
|Population Density1||# 186||73rd|
|Diversity Index2||# 308||54th|
|Median Household Income||# 263||61st|
|Per Capita Income||# 314||54th|
Additional comparisons and rankings can be made with a VERY EASY TO USE Indiana Census Data Comparison Tool.