In 2017, Frankfort, KY had a population of 27.5k people with a median age of 38.2 and a median household income of $45,471. Between 2016 and 2017 the population of Frankfort, KY declined from 27,598 to 27,453, a -0.525% decrease and its median household income grew from $43,275 to $45,471, a 5.07% increase.
The 5 largest ethnic groups in Frankfort, KY are White (Non-Hispanic) (74%), Black or African American (Non-Hispanic) (15.7%), Two or More Races (Non-Hispanic) (3.2%), Some Other Race (Hispanic) (2.39%), and Asian (Non-Hispanic) (2.09%). N/A% of the people in Frankfort, KY speak a non-English language, and 96.8% are U.S. citizens.
The largest universities in Frankfort, KY are Kentucky State University (403 degrees awarded in 2017).
The median property value in Frankfort, KY is $126,700, and the homeownership rate is 48.6%. Most people in Frankfort, KY commute by Drove Alone, and the average commute time is 16 minutes. The average car ownership in Frankfort, KY is 2 cars per household.