HomeKentuckyFranklin CountyFrankfort city
Frankfort city, Kentucky: commercial real estate data.
Frankfort city 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.
76 sourced place values · tier FULL · 8 sections · 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
- Ninetieth percentile approval$1,250,000
- 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
A charge-off rate is not published here. only 3 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
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
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Franklin County, not Frankfort
Franklin County context, not Frankfort figures
These are Franklin County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Frankfort measurements.
- Establishments in Franklin County1,278
- Employment at those establishments, Franklin County16,897
- Covered employment, Franklin County34,824
- Average annual pay, Franklin County$60,163
- Average weekly wage, Franklin County$1,157
- Housing units permitted, Franklin County123
- Of those, single family, Franklin County123
- County product, 2024, Franklin County$4,573,264,000
- County product change over the prior year, Franklin County7.0 percent
- Average income of an arriving household, Franklin County$48,532
Every figure in this section is published for Franklin County as a whole and is not a measurement of Frankfort. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
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. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
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 totalling $5.7 m, across 8 lenders, median approval $200,000, plus 5 504 approvals worth $1.1 m. 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 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Frankfort figures?
No, and they are labelled 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?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.