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Living In Frankfort, KY

Frankfort, a small city in Kentucky, has a population of approximately 27,000. At an average age of just under 40, the city's population is middle-of-the-pack compared to other cities in the state, which has an average age of 38. In terms of housing, residents are fairly evenly split between owning (52%) and renting (48%) their residence. At $752 a month, the average rent is roughly on par with the state average.

There are four primary industries in Frankfort: public administration, entertainment, retail, and manufacturing. Together, these industries make up 27% of the labor force in the city. Meanwhile, in terms of job function, 9% of residents work in sales, which ranks as the top field in the city. Frankfort workers take home an average annual income of just under $58K, around $4,000 less than the average Kentucky resident. Frankfort's average income also trails the national average of $73,345. Frankfort has a relatively high concentration of residents over the age of 25 who have earned a high school degree or GED (21%) compared to the national average. Further, 19% possess a Bachelor's, Master's, Professional, or Doctoral degree.

Frankfort residents have an average commute of about 19 minutes, shorter than the state average of about 23 minutes. Many residents (45%) commute to work by car or truck, while public transportation is not widely used. A small percentage of residents (2%) commute to work on foot, though the number does exceed the national average.



Frequently Asked Questions About Frankfort

How much does it cost to rent in Frankfort, KY?

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What is the average cost of rent for a one-bedroom in Frankfort?

The average rent of a one-bedroom apartment in Frankfort is $685

Are there any cheap apartments for rent in Frankfort?

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