Median Income
$49,236
household / year
Median Home Value
$110,700
owner-occupied
Median Rent
$775
gross / month
Cost of Living
92
national avg = 100

Is Frankfort, NY a Good Place to Live?

Frankfort is a small town of 2,367 in New York, with a median household income of $49,236 and a 0.6% unemployment rate. Its cost of living index is 92 (US average = 100), which is 8% below the national average.

Strengths: Frankfort stands out for an affordable cost of living, below-average home prices, solid school ratings (B-).

Trade-offs: No major red flags stand out in the available data. Whether Frankfort is right for you depends on your priorities — the full breakdown is below.

All Frankfort city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 92.3

Frankfort's overall cost of living index is 92.3, where 100 represents the US national average. Living in Frankfort costs roughly 8% less than the average American city.

Metric Frankfort, NY National Avg
Median Home Value $110,700 $244,900
Median Monthly Rent $775 $1,163
Homeownership Rate 78.6% 65.9%
Median Household Income $49,236 $74,755

Crime & Safety

Very Safe

Frankfort's violent crime rate is 3.3 per 100,000 residents — 99% lower than the national average of ~380 per 100,000.

Violent Crime
3.3 /100k
Property Crime
63.6 /100k

Vertical marker = national average. Source: FBI UCR Program.

Schools & Education

Frankfort is served primarily by FRANKFORT-SCHUYLER CENTRAL SCHOOL DISTRICT. The student-to-teacher ratio is 13.5:1 (better than the national average of ~16:1).

Metric Frankfort, NY National Avg
School District FRANKFORT-SCHUYLER CENTRAL SCHOOL DISTRICT —
Elementary Schools 1 —
Middle Schools 1 —
High Schools 1 —
Student/Teacher Ratio 13.5:1 16:1
Bachelor's Degree or Higher 12.4% 35.4%
High School Diploma or Higher 87.9% 91.1%

Weather & Climate

Frankfort sees average highs of 29.6°F in January and 81.4°F in July, with 48.0 inches of annual precipitation and 85.5 inches of snow per year.

MetricFrankfort, NY
Average High — January29.6°F
Average High — July81.4°F
Annual Precipitation48.0"
Annual Snowfall85.5"

Demographics

MetricFrankfort, NYNational Avg
Population2,367—
Median Age33.838.9
Unemployment Rate0.6%3.7%
Avg Commute Time26.1 min26 min
White (non-Hispanic)93.1%59.3%
Black or African American1.1%13.6%
Hispanic or Latino3.4%18.9%
Asian0.0%6.3%
Under 1825.5%22.2%
65 and over17.2%16.8%

Nearby Cities

ZIP Codes in Frankfort

Frankfort, NY is covered by 1 ZIP code:

Frankfort vs Other Cities

Frequently Asked Questions

Frankfort's cost of living index is 92, where 100 is the national average. That makes Frankfort roughly 8% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $110,700 and median rent is $775/month.
Frankfort's violent crime rate is 3.3 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 63.6 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Frankfort are operated by FRANKFORT-SCHUYLER CENTRAL SCHOOL DISTRICT. The district has 1 elementary, 1 middle, and 1 high schools. The student-to-teacher ratio is 13.5:1. 12.4% of adults 25+ hold a bachelor's degree or higher.
Frankfort, NY has a population of 2,367, a median household income of $49,236, and an unemployment rate of 0.6%. It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Frankfort averages 29.6°F in January and 81.4°F in July. Annual rainfall is 48.0 inches with about 85.5 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Frankfort, NY is covered by 1 ZIP code: 13340.
The population of Frankfort, New York is 2,367 with a median age of 33.8. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Frankfort: cost of living index 92 (100 = US average), median home $110,700, median household income $49,236, crime index 2 (100 = US average, lower is safer), schools rated B-. Whether these are benefits or drawbacks depends on where you're coming from — compare Frankfort side by side with your current city to see the trade-offs.