The median household income in Frankfort, MI in 2022 was $48,127, which was 39.2% less than the median annual income of $66,986 across the entire state of Michigan. Compared to the median income of $33,821 in 2000 this represents an increase of 29.7%. The per capita income in 2022 was $36,146, which means an increase of 44.3% compared to 2000 when it was $20,132.
Whole page based on the data from 2000 / 2022 when the population of Frankfort, Michigan was 1,513 / 1,101
Income statistics for all residents
Median household income in Frankfort, MI in 2022:
Frankfort:
$48,128
Michigan:
$66,986
Change in median household income between 2000 and 2022:
Frankfort, Michigan:
+42.3%
State:
+50.0%
Number of households with income < $10k:
Frankfort:
4.4% (21)
State:
5.7% (231,223)
Number of households with income $10k - 20k:
Frankfort:
9.6% (46)
State:
7.5% (306,955)
Number of households with income $20k - 30k:
Frankfort:
19.9% (95)
Michigan:
7.9% (324,153)
Number of households with income $30k - 40k:
Frankfort:
10.0% (48)
State:
8.3% (341,408)
Number of households with income $40k - 50k:
Frankfort:
6.9% (33)
State:
7.9% (322,255)
Number of households with income $50k - 60k:
Frankfort:
9.8% (47)
State:
7.5% (305,914)
Number of households with income $60k - 75k:
Frankfort:
4.4% (21)
Michigan:
10.1% (414,440)
Number of households with income $75k - 100k:
Frankfort:
7.3% (35)
Michigan:
13.2% (538,299)
Number of households with income $100k - 125k:
Frankfort:
5.4% (26)
State:
9.7% (396,282)
Number of households with income $125k - 150k:
Frankfort:
5.4% (26)
Michigan:
6.7% (273,144)
Number of households with income $150k - 200k:
Frankfort:
11.5% (55)
State:
7.5% (305,077)
Number of households with income > $200k:
Frankfort:
5.2% (25)
Michigan:
8.1% (330,644)
Aggregate household income in Frankfort in 2022: $35,830,924
Median family income in Frankfort in 2022:
Frankfort:
$61,976
State:
$85,865
Number of families with income $10k - 20k:
Frankfort:
8.5% (20)
State:
3.9% (100,567)
Number of families with income $20k - 30k:
Frankfort:
9.3% (22)
Michigan:
5.0% (127,320)
Number of families with income $30k - 40k:
Frankfort:
11.9% (28)
State:
6.4% (163,565)
Number of families with income $40k - 50k:
Frankfort:
4.3% (10)
Michigan:
6.8% (172,384)
Number of families with income $50k - 60k:
Frankfort:
15.2% (36)
State:
7.1% (179,870)
Number of families with income $60k - 75k:
Frankfort:
6.2% (15)
State:
10.3% (263,723)
Number of families with income $75k - 100k:
Frankfort:
14.2% (33)
Michigan:
15.0% (383,364)
Number of families with income $100k - 125k:
Frankfort:
8.4% (20)
Michigan:
11.8% (301,751)
Number of families with income $125k - 150k:
Frankfort:
9.8% (23)
State:
8.6% (220,338)
Number of families with income $150k - 200k:
Frankfort:
7.1% (17)
State:
10.2% (259,462)
Number of families with income > $200k:
Frankfort:
5.1% (12)
Michigan:
11.3% (287,206)
Median non-family income in Frankfort in 2022:
Frankfort:
$26,970
State:
$40,459
Change in median non-family income between 2000 and 2022:
Frankfort, Michigan:
+41.5%
State:
+54.5%
Median per capita income in Frankfort in 2022:
Frankfort:
$36,146
State:
$38,151
Change in median per capita income between 2000 and 2022:
Frankfort, Michigan:
+79.5%
Michigan:
+72.1%
Income statistics for White residents
Median household income in Frankfort, MI in 2022:
Frankfort:
$45,796
State:
$71,609
Change in median household income between 2000 and 2022:
Frankfort, Michigan:
+35.0%
State:
+52.9%
Number of households with income < $10k:
Frankfort:
4.2% (19)
State:
4.4% (140,440)
Number of households with income $10k - 20k:
Frankfort:
10.2% (46)
State:
6.5% (205,547)
Number of households with income $20k - 30k:
Frankfort:
21.3% (96)
State:
7.6% (242,254)
Number of households with income $30k - 40k:
Frankfort:
10.7% (48)
State:
8.1% (257,175)
Number of households with income $40k - 50k:
Frankfort:
7.3% (33)
Michigan:
7.8% (246,839)
Number of households with income $50k - 60k:
Frankfort:
6.7% (30)
Michigan:
7.4% (233,723)
Number of households with income $60k - 75k:
Frankfort:
4.7% (21)
State:
10.4% (328,664)
Number of households with income $75k - 100k:
Frankfort:
7.6% (34)
State:
13.6% (431,867)
Number of households with income $100k - 125k:
Frankfort:
4.0% (18)
State:
10.3% (325,164)
Number of households with income $125k - 150k:
Frankfort:
5.8% (26)
Michigan:
7.1% (226,232)
Number of households with income $150k - 200k:
Frankfort:
12.0% (54)
State:
8.1% (255,445)
Number of households with income > $200k:
Frankfort:
5.6% (25)
Michigan:
8.7% (276,727)
Aggregate household income in Frankfort in 2022: $33,353,744
Median family income in Frankfort in 2022:
Frankfort:
$62,712
Michigan:
$90,317
Number of families with income $10k - 20k:
Frankfort:
9.6% (20)
State:
3.2% (64,106)
Number of families with income $20k - 30k:
Frankfort:
10.9% (23)
State:
4.6% (91,551)
Number of families with income $30k - 40k:
Frankfort:
13.3% (28)
State:
5.9% (117,356)
Number of families with income $40k - 50k:
Frankfort:
4.7% (10)
State:
6.4% (127,491)
Number of families with income $50k - 60k:
Frankfort:
8.9% (19)
Michigan:
6.8% (135,883)
Number of families with income $60k - 75k:
Frankfort:
6.9% (14)
Michigan:
10.5% (209,130)
Number of families with income $75k - 100k:
Frankfort:
15.7% (32)
Michigan:
15.5% (309,815)
Number of families with income $100k - 125k:
Frankfort:
5.6% (12)
State:
12.4% (248,235)
Number of families with income $125k - 150k:
Frankfort:
10.8% (22)
State:
9.2% (182,895)
Number of families with income $150k - 200k:
Frankfort:
7.8% (16)
State:
11.0% (218,573)
Number of families with income > $200k:
Frankfort:
5.7% (12)
State:
12.0% (239,713)
Median non-family income in Frankfort in 2022:
Frankfort:
$26,898
State:
$42,438
Change in median non-family income between 2000 and 2022:
Frankfort, Michigan:
+39.9%
Michigan:
+56.8%
Median per capita income in Frankfort in 2022:
Frankfort:
$37,415
State:
$41,514
Change in median per capita income between 2000 and 2022:
Frankfort, Michigan:
+82.1%
Michigan:
+75.2%
Income statistics for Black or African American residents
Number of households with income < $10k:
Frankfort:
0.0% (0)
Michigan:
12.7% (66,307)
Number of households with income $10k - 20k:
Frankfort:
0.0% (0)
Michigan:
14.2% (73,877)
Number of households with income $20k - 30k:
Frankfort:
0.0% (0)
Michigan:
10.2% (52,930)
Number of households with income $30k - 40k:
Frankfort:
0.0% (0)
State:
10.3% (53,542)
Number of households with income $40k - 50k:
Frankfort:
0.0% (0)
State:
9.1% (47,110)
Number of households with income $50k - 60k:
Frankfort:
100.0% (17)
Michigan:
8.1% (41,969)
Number of households with income $60k - 75k:
Frankfort:
0.0% (0)
Michigan:
9.0% (46,784)
Number of households with income $75k - 100k:
Frankfort:
0.0% (0)
State:
9.7% (50,718)
Number of households with income $100k - 125k:
Frankfort:
0.0% (0)
State:
6.7% (34,802)
Number of households with income $125k - 150k:
Frankfort:
0.0% (0)
State:
4.1% (21,083)
Number of households with income $150k - 200k:
Frankfort:
0.0% (0)
State:
3.4% (17,885)
Number of households with income > $200k:
Frankfort:
0.0% (0)
State:
2.6% (13,430)
Median per capita income in Frankfort in 2022:
Frankfort:
$22,178
State:
$25,207
Income statistics for Hispanic or Latino residents
Median per capita income in Frankfort in 2022:
Frankfort:
$5,278
Michigan:
$25,462
Change in median per capita income between 2000 and 2022:: -20.9%
Frankfort, Michigan:
-20.9%
State:
+83.3%
Income statistics for American Indian and Alaska Native residents
Median per capita income in Frankfort in 2022:
Frankfort:
$25,641
State:
$27,661
Change in median per capita income between 2000 and 2022:
Frankfort, Michigan:
+83.4%
State:
+75.7%
Income statistics for Multirace residents
Number of households with income < $10k:
Frankfort:
15.4% (2)
Michigan:
6.1% (12,463)
Number of households with income $10k - 20k:
Frankfort:
0.0% (0)
State:
8.7% (17,830)
Number of households with income $20k - 30k:
Frankfort:
0.0% (0)
Michigan:
7.6% (15,686)
Number of households with income $30k - 40k:
Frankfort:
0.0% (0)
State:
9.5% (19,444)
Number of households with income $40k - 50k:
Frankfort:
0.0% (0)
Michigan:
7.5% (15,476)
Number of households with income $50k - 60k:
Frankfort:
0.0% (0)
State:
8.1% (16,622)
Number of households with income $60k - 75k:
Frankfort:
0.0% (0)
State:
10.6% (21,725)
Number of households with income $75k - 100k:
Frankfort:
0.0% (0)
Michigan:
14.4% (29,501)
Number of households with income $100k - 125k:
Frankfort:
84.6% (11)
State:
8.9% (18,231)
Number of households with income $125k - 150k:
Frankfort:
0.0% (0)
State:
5.8% (11,923)
Number of households with income $150k - 200k:
Frankfort:
0.0% (0)
Michigan:
6.8% (13,956)
Number of households with income > $200k:
Frankfort:
0.0% (0)
State:
6.2% (12,672)
Aggregate household income in Frankfort in 2022: $1,935,376
Median per capita income in Frankfort in 2022:
Frankfort:
$25,844
Michigan:
$26,098
Change in median per capita income between 2000 and 2022:
Frankfort, Michigan:
+71.1%
State:
+106.5%
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-20.9%
+83.3%
