City profile
Frankfort, KY
Franklin County · Population 28,503
Frankfort is a town in Franklin County, KY with about 28,503 residents and a typical home value near $184,000. It is 23 miles from Lexington, KY, which shapes its climate, healthcare access and amenities.
Climate
Climate type
Four seasons
Winter avg
33°F
Summer avg
77°F
Sunny days / yr
200
Home prices & cost of living
Median home price
$183,700
Typical monthly housing
$1,120
Cost of living (100 = U.S.)
80
Taxes
- Property tax
- 0.80%
- State income tax (top)
- 4%
- Social Security
- Not taxed
- Pensions
- Partly exempt
- Sales tax (state + avg. local)
- 6.00%
FEMA natural hazard risk
Relatively Low · county score 65/100
Top hazards: Strong wind, Tornado, Riverine flooding
Nearest major airport
47 mi to Louisville Muhammad Ali International Airport (SDF)
Political lean (2024 county vote)
Competitive / purple · 47% Democratic / 51% Republican
Community
Population
28,503
Black population
14.2%
County
Franklin County
Detailed crime figures are available for our 201 hand-researched cities.
2025–2026 trends
2026 market trends
- ▸Home prices are still rising in 2026 — good for long-term value, less room to negotiate
- ▸Climate/cost risks to check: flooding, tornadoes
Highlights
- About 28,503 residents
- Typical home value about $184,000
- 23 miles from Lexington, KY
Trade-offs
- Scores for this place are estimated from Census data and the nearest major city
Figures are estimates from public sources (see How we match). Verify before making decisions.