Housing data for the Village of Frankfort, NY

The Village of Frankfort, NY has an estimated 2,503 residents and 1,208 homes (US Census Bureau, 2020–2024 American Community Survey).

It is a village in Herkimer County.

24.3% of households rent.

The median gross rent is $874 a month.

Figures last updated on .

Residents
2,503 (±342)
Housing units
1,208 (±132)
Households that rent
24.3%
Median gross rent
$874
Residents since 2015–2019
+2.8%

What stands out in the Village of Frankfort

Homes heated by fuel oil: 2.3% (±1.9 points) in the Village of Frankfort, lower than in Herkimer County (22.1%).

Median household income: $50,909 (±$4,161) in the Village of Frankfort, lower than in Herkimer County ($68,515).

Median real estate taxes: $3,680 (±$212) in the Village of Frankfort, higher than in Herkimer County ($3,107).

Median home value: $128,200 (±$17,665) in the Village of Frankfort, lower than in Herkimer County ($147,700).

Housing in the Village of Frankfort at a glance

The Village of Frankfort against Herkimer County, its state and the nation

Estimate (90% margin of error)
Village of FrankfortHerkimer CountyNew YorkUnited States
Residents2,503 (±342)59,757 (exact)19,852,366 (exact)334,922,499
Housing units1,208 (±132)32,459 (±52)8,585,241 (±652)143,775,355
Households that rent24.3% (±7.7 points)23.4% (±1.8 points)45.7% (±0.2 points)34.8%
Median gross rent$874 (±$58)$823 (±$32)$1,621 (±$7)$1,413
Median household income$50,909 (±$4,161)$68,515 (±$3,647)$85,974 (±$402)$80,734
Median home value$128,200 (±$17,665)$147,700 (±$7,209)$423,800 (±$1,627)$332,700
Median real estate taxes (a year)$3,680 (±$212)$3,107 (±$106)$6,582 (±$21)$3,119
Built before 198084.9% (±13.9 points)73.1% (±3.2 points)73.9% (±0.2 points)49.7%
Average commute26.6 minutes (±4.8)25.7 minutes (±1.1)32.6 minutes (±0.1)26.4 minutes
Households with broadband88.8% (±4.9 points)88.3% (±1.3 points)90.8% (±0.1 points)91.0%
Median age of residents36.7 years (±6.0)44.8 years (±0.3)39.8 years (±0.1)38.9 years

The Village of Frankfort covers 1.0 square miles of land, about 2,468 residents per square mile (Census Bureau Gazetteer).

How the Village of Frankfort has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Residents2,435 (±272)2,503 (±342)+2.8%Not a measurable change
Housing units1,189 (±95)1,208 (±132)+1.6%Not a measurable change
Median gross rent$662 (±$34)$874 (±$58)+32.0%No measurable change after inflation
Median home value$85,400 (±$5,095)$128,200 (±$17,665)+50.1%Up after inflation
Median household income$51,450 (±$8,743)$50,909 (±$4,161)−1.1%Down after inflation
Median owner cost with a mortgage$1,098 (±$78)$1,289 (±$217)+17.4%No measurable change after inflation
Median real estate taxes$2,908 (±$325)$3,680 (±$212)+26.5%No measurable change after inflation
Households that rent26.4% (±5.9 points)24.3% (±7.7 points)−2.1 percentage pointsNot a measurable change
Rental vacancy rate9.1% (±9.3 points)7.1% (±9.4 points)−2.0 percentage pointsNot a measurable change

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Crime reported to police in the Village of Frankfort

In 2024, the Frankfort Village Police Department reported 44 violent and 176 property crimes per 100,000 residents to the FBI.

Places near the Village of Frankfort

Nearest places with Census figures, by straight-line distance
PlaceDistanceMedian gross rentMedian home valueHouseholds that rent
Village of Ilion2.4 mi$694$108,70033.8%
Town of Frankfort3.3 mi$875$155,20016.0%
Village of Mohawk3.8 mi$705$124,60028.3%
Town of Herkimer3.9 mi$820$136,30040.4%
Village of Herkimer4.0 mi$821$133,20047.4%
Town of Schuyler5.3 mi$977$116,00017.2%
Town of German Flatts6.4 mi$728$119,80029.2%
Town of Litchfield6.7 mi—$206,6009.2%

Places in New York most like the Village of Frankfort

PlaceMedian gross rentMedian home valueMedian household incomeHouseholds that rent
Town of North Dansville$875$116,500$57,26525.8%
Village of Dansville$906$118,600$57,32928.0%
Town of Persia$765$100,000$54,49523.1%
Town of Mount Morris$740$101,200$56,79921.3%
Village of Mount Morris$737$91,200$51,12526.5%
Village of Moravia$829$131,300$63,07328.4%

Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across New York.

HUD Fair Market Rent for the Village of Frankfort, fiscal year 2027

Utica-Rome, NY MSA, dollars a month
Studio1 bedroom2 bedrooms3 bedrooms4 bedrooms
$857$946$1,210$1,442$1,636

HUD income limits for the Village of Frankfort, fiscal year 2026

Utica-Rome, NY MSA, annual household income
Household sizeExtremely low (30%)Very low (50%)Low (80%)
1 person$20,550$34,250$54,800
2 people$23,500$39,150$62,650
3 people$27,320$44,050$70,500
4 people$33,000$48,950$78,300
5 people$38,680$52,900$84,550
6 people$44,360$56,800$90,850
7 people$50,040$60,700$97,100
8 people$55,720$64,600$103,400

These are the limits HUD sets for its housing programs in the Utica-Rome, NY MSA, where HUD’s median family income for fiscal year 2026 is $98,500.

A program can use its own limits; tax-credit and local programs often do.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Village of Frankfort

What is the average rent in the Village of Frankfort, NY?

The Census Bureau publishes the median rather than the average: the median gross rent in the Village of Frankfort is $874 (±$58) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.

How much is a one-bedroom apartment in the Village of Frankfort?

The median gross rent for a one-bedroom home in the Village of Frankfort, NY is $717 (±$229) a month (2020–2024 American Community Survey).

How many renters are there in the Village of Frankfort?

The Village of Frankfort has an estimated 260 (±85) renting households, 24.3% of its occupied homes (2020–2024 American Community Survey).

What is the median household income in the Village of Frankfort?

The median household income in the Village of Frankfort is $50,909 (±$4,161) a year (2020–2024 American Community Survey).

What is the average home value in the Village of Frankfort, NY?

The Census Bureau publishes the median: $128,200 (±$17,665) for owner-occupied homes in the Village of Frankfort (2020–2024 American Community Survey).

What is the average mortgage payment in the Village of Frankfort?

The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in the Village of Frankfort, NY is $1,289 (±$217) a month, including taxes, insurance and utilities.

Is the Village of Frankfort growing?

In the Village of Frankfort, the number of residents went from 2,435 in 2015–2019 to 2,503 in 2020–2024 (+2.8%), not a measurable change.

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) for Frankfort village, New York (place:27188, in state:36).

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

The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M

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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