Frankfort, IN Micropolitan Statistical Area IN Demographic Data and Boundary Map

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Frankfort, IN Micropolitan Statistical Area Boundary Map


Frankfort, IN Micropolitan Statistical Area Data & Demographics (As of July 1, 2017)

POPULATION

Total Population 32,803
Daytime Population: Workers 13,425
Daytime Population: Residents 16,615
Total Daytime Population (TDP) 30,040
Ratio TDP/Total Population1 0.92
Population in Households 31,973
Population in Familes 26,837
Population in Group Qrtrs 830
Population Density2 81
Diversity Index3 43
 

INCOME

Median Household Income $51,297
Average Household Income $64,301
Per Capita Income $23,639

HOUSING

Total Housing Units 13,279 (100%)
Owner Occupied HU 8,328 (62.7%)
Renter Occupied HU 3,564 (26.8%)
Vacant Housing Units 1,387 (10.4%)
Median Home Value $106,958
Average Home Value $135,708
 

HOUSEHOLDS

Total Households 11,892
Average Household Size 2.69
Family Households 8,498
Average Family Size 3
NOTES
  1. If the ratio of the TDP to Total Population is greater than 1, the location gains population during the day when commuting workers are present. If the ratio is less than 1, the location is more of a bedroom community where people commute to another place for work.
  2. Population Density = Total Population per square mile.
  3. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.

GROWTH RATE / YEAR

2010-2017 2017-2022
Population -0.18% -0.23%
Households -0.24% -0.27%
Families -0.41% -0.37%
Median Household Income   1.92%
Per Capita Income   3.07%