HomeNew YorkHerkimer CountyFrankfort
Frankfort, New York: commercial real estate data.
Frankfort is a Census village of 2,503 people across 1.01 square miles of land, in Herkimer County. Median household income is $50,909, 75.7 percent of occupied homes are owned, and the SBA record carries 9 7(a) approvals to borrowers here worth $7.1 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Frankfort
What Frankfort is
- Census place typevillage
- Land area1.01 sq mi
- Water area0.02 sq mi
- Population per square mile of land2,469
- County holding the largest share of its areaHerkimer 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
- Population2,503
- Median age36.7
- Population under 18610 plus or minus 186
- Share under 1824.4 percent plus or minus 6.6
- Population 65 and over506
- Share 65 and over20.2 percent
- Households1,070
- Family households750
- Share of households that are families70.1 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$50,909
- Per capita income$28,407
- Civilian labor force1,223
- Employed1,206
- Unemployed17 plus or minus 24
- Unemployment rate1.4 percent plus or minus 2.0
- Adults 25 and over1,675
- Adults 25 and over with a high school diploma or higher93.0 percent
- Adults 25 and over with a bachelor degree or higher13.0 percent plus or minus 4.5
- Adults 25 and over with a graduate degree6.2 percent plus or minus 2.7
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Frankfort
Housing in Frankfort
- Housing units1,208
- Occupied units1,070
- Vacant units138 plus or minus 72
- Vacancy rate11.4 percent plus or minus 5.8
- Owner occupied810
- Renter occupied260 plus or minus 85
- Ownership rate75.7 percent
- Median owner-occupied home value$128,200
- Median gross rent, monthly$874
- Annual rent as a share of median income20.6 percent
- Single family units849
- Share single family70.3 percent
- Units in buildings of two or more332 plus or minus 97
- Share in buildings of two or more27.5 percent plus or minus 7.4
- Mobile homes27 plus or minus 22
- Median year structure built1938
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 commute1,029
- Commuting under 15 minutes240 plus or minus 83
- Share commuting under 15 minutes23.3 percent plus or minus 6.7
- Commuting 30 minutes or more287 plus or minus 109
- Share commuting 30 minutes or more27.9 percent plus or minus 9.1
- Drove alone70.6 percent
- Carpooled9.7 percent plus or minus 4.5
- Public transport0.6 percent plus or minus 0.8
- Walked4.8 percent plus or minus 3.8
- Worked from home13.7 percent plus or minus 5.7
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Frankfort
SBA loans in Frankfort (7(a))
- Approvals9
- Gross approval$7,085,000
- Average approval$787,222
- Median approval$60,000
- Largest approval$5,000,000
- Jobs supported59
- Jobs per approval6.6
- Loans with a final outcome1
- Paid in full1
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders4
- Distinct industries by NAICS7
Counted by borrower city: approvals to borrowers whose address is in Frankfort, in any county, FY2020 to FY2026. Only 1 loan has 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
Flood risk in Frankfort
- NFIP communityTown of Frankfort
- NFIP community number360303
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date12/20/00
The Town of Frankfort participates in the National Flood Insurance Program as community 360303 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Herkimer County, not Frankfort
Herkimer County context, not Frankfort figures
- Establishments in Herkimer County1,124
- Covered employment, Herkimer County15,519
- Average annual pay, Herkimer County$51,384
- Housing units permitted, Herkimer County50
Every figure in this section is published for Herkimer 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, New York?
2,503, in 1,070 households. Frankfort village covers 1.01 square miles of land, which is 2,469 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?
Herkimer 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?
$50,909. The median owner-occupied home is valued at $128,200. Median gross rent is $874 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?
9 7(a) approvals totaling $7.1 m since FY2020, across 4 lenders, median approval $60,000. 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 1 loan has 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, town of, community 360303, with no Community Rating System class, so no CRS discount applies. 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 Herkimer 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.