Living in Frankford, Missouri

Cost of living, income, home prices, rent and demographics of Frankford · Census data 2020–2024

Frankford has 502 residents with a median age of 35.4. The median household income is $49,464 (30% lower than the Missouri median), the median home value is $55,500, the median rent is $385/month.

Frankford is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Frankford at a glance

Population
502
Median age
35.4State: 39
Median household income
$49,464State: $70,702
Median home value
$55,500State: $230,300
Median rent
$385/moState: $1,033
Homeowners
68.4%
Bachelor's degree or higher
11%
Average commute
18 min

Is Frankford a good place to live?

Pros: Home values 76% lower than the state median; an average commute of 18 minutes.

Cons: Median household income 30% lower than the Missouri median; unemployment of 8.6%; a poverty rate of 20.9%.

The weather is best in May–June and August–September.

Cost of living in Frankford

Housing is the biggest part of the cost of living. In Frankford the median home value is $55,500, 83% lower than the U.S. median. Renters pay a median of $385 per month, which is 22.3% of household income. Homeowners with a mortgage pay $975 a month in housing costs.

Median home value

Frankford$55,500
Missouri$230,300
United States$332,700

Median monthly rent

Frankford$385
Missouri$1,033
United States$1,413

Frankford median household income

The median household income in Frankford is $49,464 and the income per person is $30,033. 20.9% of residents live below the poverty line (Missouri: 12.6%).

Median household income

Frankford$49,464
Missouri$70,702
United States$80,734

Housing in Frankford: homes for sale and rent

Housing units
235
Owner-occupied
68.4%
Renter-occupied
31.6%
Vacant
4.3%Includes seasonal homes
Median year built
1945
Average household size
2.23

Frankford demographics

Population
502
Median age
35.4
Under 18
26.1%
65 and older
12.9%
Households
225
Foreign-born
1.4%
Veterans
17.5%Adults 18+

Race and ethnicity

White87.5%
Hispanic or Latino0%
Black6%
Asian0.8%

Hispanic or Latino can be of any race. Population history of Frankford ›

Education in Frankford

11% of adults 25 and older in Frankford have a bachelor's degree or higher (Missouri: 32.4%), and 4.3% have a graduate or professional degree.

Bachelor's degree or higher

Frankford11%
Missouri32.4%
United States35.7%

Jobs and commute in Frankford

Unemployment rate
8.6%State: 4%
Average commute
18 minState: 24 min
Work from home
0%
Drive alone
98.5%
Public transit
0%
Walk to work
0%
Homes with broadband
92.4%

Frankford vs nearby towns

TownPopulationMedian incomeHome valueRent
Frankford502$49,464$55,500$385
New London1,130$63,021$134,100$755
Curryville199$50,000$91,300$850
Center537$59,375$82,400$400
Bowling Green4,170$53,295$128,800$800
Louisiana3,228$38,673$72,100$645
New Canton230$58,000$83,900$688
Hannibal16,771$53,721$127,700$805
Vandalia3,140$50,313$84,500$814

More for people moving to Frankford

Frankford ZIP code ›Weather and climate ›

Living in Frankford: FAQ

What is the median household income in Frankford, MO?

The median household income in Frankford is $49,464, 30% lower than the Missouri median of $70,702 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Frankford?

The median home value in Frankford is $55,500, compared with $230,300 in Missouri.

How much is rent in Frankford?

The median gross rent in Frankford is $385 per month, about 22.3% of household income.

Is Frankford, MO a good place to live?

Pluses: home values 76% lower than the state median; an average commute of 18 minutes. Minuses: median household income 30% lower than the Missouri median; unemployment of 8.6%; a poverty rate of 20.9%.

What is the median age in Frankford?

The median age in Frankford is 35.4 years (Missouri: 39).

How long is the commute in Frankford?

The average commute to work in Frankford is 18 minutes; 0% of workers work from home.

What is the unemployment rate in Frankford?

The unemployment rate in Frankford is 8.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Frankford?

11% of adults in Frankford have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

Last updated: