Frankfort, OH Profile: Facts & Data

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Frankfort, Ohio - Basic Facts

The Village of Frankfort had a population of 1,190 as of July 1, 2019. Frankfort ranks in the upper quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in Ohio. See peer rankings below.

The primary coordinate point for Frankfort is located at latitude 39.4015 and longitude -83.1807 in Ross County. The formal boundaries for the Village of Frankfort encompass a land area of 0.56 sq. miles and a water area of 0 sq. miles. Ross County is in the Eastern time zone (GMT -5). The elevation is 738 feet.

The Village of Frankfort (GNIS ID: 2398914) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The Village of Frankfort is located within Township of Concord, a minor civil division (MCD) of Ross County.

Alternate Unofficial Names for Frankfort: Chillicothe, Frankford, Old Chillicothe, Old Town, Oldtown.

Jump to... (On This Page!)
  1. Frankfort 2019 Demographic Data
  2. Growth Rates for Frankfort (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Ohio Research Tools (Easy Tools & Current Data)
  3. Ohio Data Comparison Tool - 2019 Demographics

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Frankfort, OH Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Frankfort, OH Housing Affordability Index is 212
State of Ohio Housing Affordability Index is 156
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.

WEALTH INDEX

Frankfort, OH Wealth Index is 57
State of Ohio Wealth Index is 84
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

These new demographic attributes are availiable for Neighborhoods, Cities, Counties, and ZIP Codes.

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  4. See the References & Data Sources page for more information about methodology and sources of data.
  5. See the Ohio COVID-19 Data and US COVID-19 Data for more information on the spread of the novel coronavirus.

POPULATION

Total Population 1,190 (100%)
Population in Households 1,179 (99.1%)
Population in Families 952 (80.0%)
Population in Group Quarters1 11 ( 0.9%)
Population Density 2,111
Diversity Index2 17
 

INCOME

Median Household Income $51,544
Average Household Income $63,918
Per Capita Income $26,192
Wealth Index4 57

HOUSING

Total Housing Units 553 (100%)
Owner Occupied HU 381 (68.9%)
Renter Occupied HU 122 (22.1%)
Vacant Housing Units 50 ( 9.0%)
Median Home Value $126,563
Housing Affordability Index3 212
 

HOUSEHOLDS

Total Households 503
Average Household Size 2.34
Family Households 328
Average Family Size 3
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2019 2019-2024
Population 1.22% 0.55%
Households 1.26% 0.55%
Families 1.76% 0.42%
Median Household Income   2.37%
Per Capita Income   3.74%

Frankfort, OH - Peer Comparisons by Rank and Percentile

The table below compares Frankfort to the other 1,215 incorporated cities, towns and CDPs in Ohio by rank and percentile using July 1, 2019 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 620 49th
Population Density # 231 81st
Diversity Index # 416 66th
Median Household Income # 738 39th
Per Capita Income # 661 46th

Additional comparisons and rankings can be made with a VERY EASY TO USE Ohio Census Data Comparison Tool.

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