HomeKentuckyFranklin CountyFrankfort
Frankfort, Kentucky: commercial real estate data.
Frankfort is a Census city of 28,503 people across 14.77 square miles of land, in Franklin County. Median household income is $53,073, 48.8 percent of occupied homes are owned, and the SBA record carries 17 7(a) approvals to borrowers here worth $5.7 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Frankfort
What Frankfort is
- Census place typecity
- Land area14.77 sq mi
- Water area0.3 sq mi
- Population per square mile of land1,930
- County holding the largest share of its areaFranklin County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Frankfort
How many people live in Frankfort
- Population28,503
- Median age35.3
- Population under 186,442
- Share under 1822.6 percent
- Population 65 and over4,561
- Share 65 and over16.0 percent
- Households12,906
- Family households6,520
- Share of households that are families50.5 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Frankfort
Income and work in Frankfort
- Median household income$53,073
- Per capita income$33,900
- Civilian labor force14,347
- Employed13,226
- Unemployed1,121 plus or minus 295
- Unemployment rate7.8 percent plus or minus 2.0
- Adults 25 and over19,179
- Adults 25 and over with a high school diploma or higher90.8 percent
- Adults 25 and over with a bachelor degree or higher28.4 percent
- Adults 25 and over with a graduate degree12.1 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Frankfort
Housing in Frankfort
- Housing units13,877
- Occupied units12,906
- Vacant units971 plus or minus 280
- Vacancy rate7.0 percent plus or minus 2.0
- Owner occupied6,302
- Renter occupied6,604
- Ownership rate48.8 percent
- Median owner-occupied home value$183,700
- Median gross rent, monthly$944
- Annual rent as a share of median income21.3 percent
- Single family units8,073
- Share single family58.2 percent
- Units in buildings of two or more5,579
- Share in buildings of two or more40.2 percent
- Mobile homes225 plus or minus 90
- Median year structure built1972
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Frankfort
How Frankfort gets to work
- Workers 16 and over who commute11,547
- Commuting under 15 minutes6,152
- Share commuting under 15 minutes53.3 percent
- Commuting 30 minutes or more2,239
- Share commuting 30 minutes or more19.4 percent
- Drove alone74.5 percent
- Carpooled10.7 percent plus or minus 2.5
- Public transport1.3 percent plus or minus 1.3
- Walked2.2 percent plus or minus 1.0
- Worked from home10.8 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Frankfort
SBA loans in Frankfort (7(a))
- Approvals17
- Gross approval$5,706,200
- Average approval$335,659
- Median approval$200,000
- Largest approval$1,441,400
- Jobs supported170
- Jobs per approval10.0
- Loans with a final outcome3
- Paid in full1
- Charged off2
- Median term120 months
- Share on real estate terms of 20 years or more23.5 percent
- Share to franchises11.8 percent
- Distinct lenders8
- Distinct industries by NAICS15
Counted by borrower city: approvals to borrowers whose address is in Frankfort, in any county, FY2020 to FY2026. Only 3 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Frankfort
SBA loans in Frankfort (504)
- Approvals5
- Gross approval$1,071,000
- Average approval$214,200
- Median approval$184,000
- Largest approval$408,000
- Jobs supported10
- Loans with a final outcome2
- Charged off0
- Median term240 months
- Distinct CDCs1
Counted by borrower city: approvals to borrowers whose address is in Frankfort, in any county, FY2010 to FY2026. Only 2 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Frankfort
Flood risk in Frankfort
- NFIP communityCity of Frankfort
- NFIP community number210075
- Participating in the NFIPYes
- Community Rating System classClass 8
- Currently effective map date12/21/17
The City of Frankfort participates in the National Flood Insurance Program as community 210075 and carries Community Rating System class 8, a flood insurance premium discount for policies written there.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Franklin County, not Frankfort
Franklin County context, not Frankfort figures
- Establishments in Franklin County1,278
- Covered employment, Franklin County34,824
- Average annual pay, Franklin County$60,163
- Housing units permitted, Franklin County123
Every figure in this section is published for Franklin County as a whole and is not a measurement of Frankfort.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Frankfort questions, answered from the record.
How many people live in Frankfort, Kentucky?
28,503, in 12,906 households. Frankfort city covers 14.77 square miles of land, which is 1,930 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Frankfort in?
Franklin County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Frankfort?
$53,073. The median owner-occupied home is valued at $183,700. Median gross rent is $944 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Frankfort businesses?
17 7(a) approvals totaling $5.7 m since FY2020, across 8 lenders, median approval $200,000, plus 5 504 approvals worth $1.1 m since FY2010. These count approvals to borrowers whose address is in Frankfort, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Frankfort borrowers get paid back?
No rate is published for Frankfort. Only 3 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Frankfort in the National Flood Insurance Program?
Yes. Frankfort appears in the FEMA Community Status Book as Frankfort, city of, community 210075, carrying Community Rating System class 8, which is a premium discount for exceeding the program minimum. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Frankfort figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Franklin County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Frankfort.
Is zoning published for Frankfort?
No. Nothing on this page presents parcel level zoning.