Everything You Should Know Before Moving to Frankton, IN
Considering a move to Frankton, IN? This small, friendly town of 1,785 residents offers affordable living, with median home prices around $145,000 and rents averaging $850. Frankton features a low violent crime rate (98 per 100K), short average commutes of 27 minutes, and a welcoming community with strong local schools. Enjoy four-season Midwest weather, easy access to healthcare, and a laid-back lifestyle perfect for families or anyone seeking a quieter pace.
Demographics - Frankton, IN
Demographics - Frankton, IN
Frankton, Indiana is a small town of 1,785 residents, with a predominantly White population and a median age of 38. The community is fairly balanced by gender and has a low percentage of non-English speakers, reflecting a close-knit and homogenous atmosphere. Residents can expect a moderate population density, making for a peaceful, small-town environment.
Population:
1,785
Density:
1,040 per sq mi
Median Age:
38.1
Gender Ratio:
97 males per 100 females
Non-English Speakers Percentage:
2.5%
Ethnic Composition
White:
95.2%
Black:
0.7%
Asian:
0.3%
Others:
3.8%
Cost Of Living
What is the average cost of living in Frankton, IN?
The cost of living in Frankton is quite affordable, with a median home value of $145,000 and average rent around $850 per month. Utilities, groceries, and transportation costs are below the national average, making it appealing for families and individuals seeking value. Local taxes are moderate, further supporting a budget-friendly lifestyle.
Median House Value:
$145,000
Gross Rent:
$850
Monthly Electricity Charges:
$120
Auto Insurance:
$1,150
House Owner Cost With Mortgage:
$1,080
House Owner Cost Without Mortgage:
$420
State Taxes:
Low:
3.23%
|
High:
5.75%
Cost Of Living Index:
80.3
Grocery:
92.7
Housing:
58.4
Utilities:
98.2
Transportation:
89.5
Health Care:
91.3
Miscellaneous:
94.0
Crime
Is Frankton, IN a safe place to live?
Frankton enjoys a low violent crime rate, with only 98 incidents per 100,000 residents, and property crime is also relatively low for the region. Residents have a 1 in 1,020 chance of experiencing violent crime, contributing to a sense of safety in the community. This makes the town particularly appealing for families and those prioritizing peace of mind.
Violent Crimes Per 100k:
98
Property Crimes Per 100k:
720
Crime Index:
818
Chance Of Violent Crime:
1 in 1,020
Chance Of Property Crime:
1 in 139
Weather
What is the weather like in Frankton, IN year-round?
Frankton experiences all four seasons, with cold winters averaging lows near 20°F and warm summers reaching highs of 84°F. The area receives about 39 inches of annual rainfall and enjoys around 53% sunny days, offering a balanced Midwest climate. Residents can look forward to distinct seasonal changes and a good mix of sun and precipitation.
Winter
Min:
20°F
Max:
36°F
Spring
Min:
40°F
Max:
65°F
Summer
Min:
63°F
Max:
84°F
Fall
Min:
43°F
Max:
67°F
Average Rainfall Inches:
39.2 inches
Sunny Days Percentage:
53%
Neighbors
The median household income in Frankton is $54,800, and most residents are employed locally, with an average commute of about 27 minutes. The town has a poverty rate of 13.6% and a low unemployment rate, while nearly 88% of adults have at least a high school diploma. The quiet, neighborly atmosphere is complemented by affordable rents and a strong sense of community.
Median Income:
$30,900
Household Income:
$54,800
Family Income:
$64,200
Per Capita Income:
$23,900
Income Male:
$39,500
Income Female:
$31,200
Poverty Rate:
13.6%
Non English Speakers:
2.5%
Rent:
$850
Unemployment Rate:
4.5%
Public Transport Usage:
0.2%
Commute Time:
27.4 minutes
Education
High School or Higher:
87.6%
Bachelors or More:
14.5%
Education
How are the schools in Frankton, IN?
Frankton is served by local public schools, including Frankton Elementary and Frankton Junior-Senior High School, both known for their close-knit student communities and favorable student-teacher ratios. The area is also within easy reach of Anderson University, offering higher education options just 8 miles away. These educational resources make Frankton a practical choice for families seeking quality schooling.
Public Schools
Name:
Frankton Elementary School
Street:
1303 E State Road 128
Phone:
765-754-7542
Students:
540
Student Teacher Ratio:
17.2
Name:
Frankton Junior-Senior High School
Street:
610 Clyde Street
Phone:
765-754-7879
Students:
560
Student Teacher Ratio:
16.4
Colleges
Name:
Anderson University
City:
Anderson
State:
IN
Distance:
8 miles
Students:
1,600
Healthcare
Frankton residents have access to quality healthcare, with the nearby Ascension St. Vincent Anderson hospital offering comprehensive emergency and surgical services. There are about 1.7 physicians per 1,000 people, and over 91% of the population is insured, ensuring most medical needs are met locally. The healthcare index suggests reliable and accessible services for families and individuals alike.
Major Hospitals
Name:
Ascension St. Vincent Anderson
Address:
2015 Jackson St, Anderson, IN 46016
Phone:
(765) 646-8292
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
1.7
Health Insurance Coverage:
91.8%
Health Care Index:
69.2
Housing Market
What is the housing market like in Frankton, IN?
Frankton's housing market is very accessible, with a median home price of $145,000 and an owner-occupied rate of nearly 75%. Rental options are available with average two-bedroom rents at $850, and vacancy rates are moderate, providing flexibility for buyers and renters. The market has seen steady appreciation, making it attractive for both new residents and investors.
Median Home Price:
$145,000
Average Rent For 2 Bedroom:
$850
Owner Occupied Rate:
74.8%
Rental Vacancy Rate:
7.3%
Home Appreciation Rate (1yr):
4.2%
New Construction Rate:
0.6%
Foreclosure Rate:
0.8%
DMV Information
Vehicle registration and licensing in Frankton are managed by the Indiana Bureau of Motor Vehicles, located conveniently in nearby Anderson. Residents can access a full range of DMV services both in person and online through the state website. This ensures smooth handling of all motor vehicle needs for new and current residents.
State:
Indiana
Department:
Indiana Bureau of Motor Vehicles
Address:
4334 S. Scatterfield Road, Anderson, IN 46013
Phone:
888-692-6841
Website:
Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.