Frankton is a city located in Madison County Indiana. With a 2020 population of 1,850, it is the 215th largest city in Indiana and the 7915th largest city in the United States . Frankton is currently growing at a rate of 0.38% annually but its population has decreased by -0.64% since the most recent census, which recorded a population of 1,862 in 2010. Frankton reached it's highest population of 1,862 in 2010. Spanning over 1 miles, Frankton has a population density of 1,741 people per square mile.
The average household income in Frankton is $59,076 with a poverty rate of 8.64%. The median rental costs in recent years comes to $729 per month, and the median house value is $85,700. The median age in Frankton is 37.8 years, 36 years for males, and 39.9 years for females.