What it's like to live in Frankfort
Frankfort is a small city in Indiana with rent below the national average, home prices that remain within reach, county unemployment below the national average, and crime rates well below the national average. Those factors carry real weight for anyone weighing where to move next.
The tradeoffs are worth naming plainly. Frankfort deals with household incomes below the national average, college degree attainment below the national average, cold winters, and fewer dining and entertainment options than a bigger city.
The good
- Rent below the national average
- Affordable home prices
- Low unemployment in the county
- Low crime rates
- Short commutes
- Average class sizes
The not so good
- Below-average household incomes
- Low college degree attainment
- Cold winters
- Smaller place — fewer dining and entertainment options
- Car-dependent — few commuters use transit
How Frankfort compares
Median household income
Median rent (per month)
Median home value
What it takes to move to Frankfort
Based on Frankfort's median rent, home value and household income
To rent
$1,796
up front: first month plus a typical one-month deposit
- Income to keep rent under 30%: $35,920 a year
- 35% of Frankfort renters spend 30% or more of their income on rent
To buy
$27,720
a 20% down payment on the median home
- With 10% down: $13,860
- Homes cost 2.4× the typical local household income (US: 4.1×)
Moving costs, closing costs and taxes not included.
The details
Cost of living▼ 36% below US
$898/mo median rent
Rent here is genuinely low, with median rent around $898 a month. Factoring in local incomes, the value gets even better. Money stretches further here than in most of the country. Home prices here are genuinely accessible, with a median around $138,600. That kind of affordability is rare in today's market.
Median home value $138,600 · 35% of renters cost-burdened
Job market
3.2% county unemployment
Unemployment in Clinton County is 3.2%, a little below the national average of 4.3%. That's the county-wide rate; BLS doesn't measure a place this size on its own.
Clinton County (county-wide)
Safety▼ 76% below US
79 violent crimes per 100k
Safety is genuinely one of the selling points here. Both violent and property crime run well below the national average, the kind of numbers that fade into the background after a week of living somewhere.
Property crime 823/100k · Frankfort Police Department · 2025 data
Getting around▼ 28% below US
19 min average commute
Commutes are reasonable, averaging 18.6 minutes. Nothing heroic, and there's still time left over for a life after work. 9 in 10 workers drive to work.
How workers get to work
Climate
Summers are warm, with highs around 82°F, and winters are cold, with lows around 22°F and snow a regular occurrence. Rainfall is regular throughout the year.
Average month
30-year averages, 1991–2020
Healthcare
1 hospital
There's one Medicare-certified hospital inside city limits. Hospitals in neighboring towns aren't counted here.
Medicare-certified hospitals
Education & workforce▼ 68% below US
12% bachelor's degree or higher
This is a working-class city, and college degree rates reflect that. Trades, manufacturing, and service industries tend to dominate the local economy, which is a strength for some fields and a real constraint for others.
Schools
5 public schools inside the boundary
There are 5 public schools inside the boundary and 1 private school. The student-to-teacher ratio is 17:1, close to the national average of 16:1.
Parks & recreation
The nearest national park or historic site is Indiana Dunes National Park (98 miles away).
Bottom line
Frankfort's strongest points are rent below the national average and home prices that remain within reach; the main tradeoffs are household incomes below the national average and college degree attainment below the national average. A year of median rent ($898/mo) equals 19% of the median household income here, about the same as the 21% typical nationwide. It tends to suit people watching their budget, job seekers (county-wide unemployment is low), and anyone prioritizing low crime. It may be a harder fit for anyone who doesn't drive.
Other places near Frankfort
All Indiana guides →Moving to Lafayette →
19 mi away · pop. 71,159
Rent $1,079/mo · Income $53,716
Compare with Frankfort →Moving to Zionsville →
23 mi away · pop. 32,095
Rent $1,792/mo · Income $172,024
Compare with Frankfort →Moving to West Lafayette →
23 mi away · pop. 45,159
Rent $1,225/mo · Income $34,891
Compare with Frankfort →Not sure Frankfort is the one?
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