How many renters in Frankfort, KY pay more than 30% of their income on rent?

46.5% (±5.8 points) of renting households in Frankfort, KY spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).

38.1% spend 35% or more.

The median renting household spends 28.4% of its income on rent.

Figures last updated on .

Paying 30% or more
46.5% (±5.8 points)
Paying 35% or more
38.1% (±4.8 points)
Median share of income
28.4% (±2.2 points)

Rent as a share of income in Frankfort

Renting households by gross rent as a percentage of household income, 2020–2024
Share of income spent on rentFrankfortFranklin CountyKentuckyUnited States
Less than 15%18.5% (±4.6 points)17.7%16.6%12.6%
15% to 19.9%12.2% (±3.1 points)15.5%13.5%12.2%
20% to 24.9%12.1% (±3.9 points)11.3%12.7%12.6%
25% to 29.9%10.8% (±2.8 points)11.9%11.8%11.5%
30% to 34.9%8.4% (±3.2 points)7.5%8.8%9.2%
35% or more38.1% (±4.8 points)36.1%36.6%41.9%

Households whose income could not be measured against their rent (for example, those reporting no income) are left out of these shares, as the Census Bureau leaves them out.

Frankfort against Franklin County, its state and the nation

Estimate (90% margin of error)
FrankfortFranklin CountyKentuckyUnited States
Paying 30% or more46.5% (±5.8 points)43.6% (±5.2 points)45.4% (±0.6 points)51.1%
Paying 35% or more38.1% (±4.8 points)36.1% (±4.5 points)36.6% (±0.5 points)41.9%
Median share of income28.4% (±2.2 points)27.3% (±2.0 points)28.1% (±0.3 points)30.6%
Median renter household income$39,893 (±$2,694)$41,888 (±$3,023)$39,858 (±$584)$52,966
Median gross rent$944 (±$45)$967 (±$40)$967 (±$5)$1,413

In Frankfort, the share of renters paying 30% or more of income is not measurably different from Franklin County (43.6%).

It is not measurably different from Kentucky (45.4%).

It is not measurably different from the national figure (51.1%).

Statewide, it ranks 179 of 425.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

Renters paying 30% or more of income in places near Frankfort

Nearest places with a published estimate, compared with Frankfort
PlaceDistanceRenters paying 30% or more of incomeCompared with this place
Frankfort—46.5% (±5.8 points)—
Midway10 mi67.4% (±23.7 points)Not measurably different
Lawrenceburg11 mi46.5% (±14.4 points)Not measurably different
Stamping Ground11 mi42.0% (±23.4 points)Not measurably different
Versailles13 mi46.6% (±10.1 points)Not measurably different
Pleasureville17 mi66.2% (±32.6 points)Not measurably different
Georgetown19 mi40.9% (±6.4 points)Not measurably different
Shelbyville20 mi39.5% (±10.0 points)Not measurably different
Eminence21 mi72.7% (±16.3 points)Higher

Nearby places with a measurably higher figure: Eminence, KY (72.7%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Survey years: 2020–2024 (American Community Survey 5-year estimates).

Margins of error are at the 90% confidence level.

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Questions about Frankfort

Are renters in Frankfort rent-burdened?

46.5% of renting households in Frankfort pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).

What share of income do renters in Frankfort spend on rent?

The median renting household in Frankfort, KY spends 28.4% (±2.2 points) of its household income on gross rent.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Frankfort city, Kentucky (place:28900, in state:21).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The API needs a free key.

Request a Census API key.

DP04_0136E, DP04_0136M, DP04_0137PE, DP04_0137PM, DP04_0138PE, DP04_0138PM, DP04_0139PE, DP04_0139PM, DP04_0140PE, DP04_0140PM, DP04_0141PE, DP04_0141PM, DP04_0142PE, DP04_0142PM, B25071_001E, B25071_001M, B25119_003E, B25119_003M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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