In Frankfort, just 11.87% of people have at least a bachelor's degree, which is quite a bit lower than the national average for cities and towns of 21.84%.
The per capita income in Frankfort in 2022 was $26,356, which is lower middle income relative to Indiana and the nation. This equates to an annual income of $105,424 for a family of four. However, Frankfort contains both very wealthy and poor people as well.
Frankfort is an extremely ethnically-diverse city. The people who call Frankfort home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Frankfort residents report their race to be White, followed by Black or African-American. Frankfort also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 31.55% of the city’s residents. Important ancestries of people in Frankfort include German, English, Irish, Italian, and Dutch.
Frankfort also has a high percentage of its population that was born in another country: 15.23%.
The most common language spoken in Frankfort is English. Other important languages spoken here include Spanish and Polish.
