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Frankfort, KY 40601 has a population of approximately 50,573 and experiences a population change rate of 4.42%. The population density is 229.3 / sq mi .
The median household income for Frankfort, KY 40601 is $59,667, with 22,318 households and an average household size of 2.21.
The median value of a home in Frankfort, KY 40601 is $193,700 with an appreciation rate of 16.70%. 58.13% of housing in the state is owned while 34.64% is rented.
The cost of living in Frankfort, KY 40601 is 83.1 %.
The unemployment rate in Frankfort, KY 40601 is 2.70%, and recent job growth is at -0.19%. Future job growth is projected at 35.45%.
The sales tax rate in Frankfort, KY 40601 is 6.00%, while the income tax rate is 5.00% .
School expenditures in Frankfort, KY 40601 are $12,197, and the school ratio is 14.9:1.
The average high temperature in July is 86.6 degrees, with an average low temperature in January of 23.1 degrees. The average rainfall is approximately 46.4 inches per year, with 8.2 inches of snow per year.