|Year||Population||Rank in US||Growth Rate|
Based on the latest 2022 data from the US census, the current population of Frankton is 1,773. Frankton, Indiana is the 8,043rd largest city in the US.
The peak population of Frankton was in 2000, when its population was 1,924. In 2000, Frankton was the 7,541st largest city in the US; now its fallen to the 8,043rd largest city in the US. Frankton is currently 7.8% smaller than it was in 2000.
Frankton has shrunk 7.8% since the year 2000. Frankton, Indiana's growth is below average. 65% of similarly sized cities are growing faster since 2000.
|8041||Valatie, New York||1,774||3.3%|
|8044||Kershaw, South Carolina||1,773||8.9%|
|8048||Ford Heights, Illinois||1,772||-48.5%|
The total voting age population of Frankton, Indiana, meaning US citizens 18 or older, is 1,460. The voting age population is 47.1% male and 52.9% female.
According to the latest census statistics, 14.9% of the residents of Frankton are 65 or older.
The racial demographics of Frankton are 95.1% White, 2.0% Two or more races, 1.6% Other, 0.6% Asian, 0.4% Black and 0.3% Native Hawaiian or Other Pacific Islander. Additionally, 1.4% of the population identifies as Hispanic.
In Frankton, 8.6% of residents have an income below the poverty line, and the child poverty rate is 9.2%. On a per-household basis, 6.7% of families are below the poverty line in Frankton.
Among those aged 16 and older, 59.3% of Frankton residents are in the labor force.
Among the adult population 25 years old and over, 91.9% of Frankton residents have at least a high school degree or equivalent, 16.0% have a bachelor's degree and 3.9% have a graduate or professional degree.
Among Frankton residents aged 5 and older, 1.8% of them speak a non-English language at home. Broken down by language: 0.8% of residents speak Spanish at home, 0.8% speak an Indo-European language, and 0.3% speak an Asian language.
The unemployment rate in Frankton is 2.1%, which is calculated among residents aged 16 or older who are in the labor force.
In Frankton, 10.4% of the residents in the non-military labor force are employed by the local, state and federal government.
The median household income in Frankton is $51,107.
In Frankton, 70.0% of housing units are occupied by their owners.
Renters occupy 30.0% of housing units in Frankton.
Of all the housing units in Frankton, 25.3% of them were build before 1940.
In Frankton, 4.5% of the total housing units were built after the year 2000.
The median gross monthly rent payment for renters in Frankton is $729.
In Frankton, 82.4% of households have an active broadband internet connection.