Frequently Asked Questions Why Live in Frankton
Is Frankton a good place to live?
Frankton is a good place to live. Frankton is considered very car-dependent and somewhat bikeable. Frankton is a rural neighborhood with a crime score of 2, making it safer than the average neighborhood in the U.S. Frankton has 6 parks for recreational activities. It is sparse in population with 0.1 people per acre and a median age of 44. The average household income is $85,779 which is below the national average. College graduates make up 17.3% of residents. A majority of residents in Frankton are home owners, with 18.8% of residents renting and 81.2% of residents owning their home. A local real estate agent serving Frankton can help you decide if this neighborhood is the right one for you. Learn more on our Frankton neighborhood guide.
Is Frankton, IN a safe neighborhood?
Frankton, IN is safer than the average neighborhood in the United States. It received a crime score of 2 out of 10.
How much do you need to make to afford a house in Frankton?
The median home price in Frankton is $194,000. If you put a 20% down payment of $38,800 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $1,010 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $43K a year to afford the median home price in Frankton. The average household income in Frankton is $86K.
What are the best public schools in Frankton?
The best public schools that serve Frankton are:
- Frankton Junior/Senior High School has a B Niche grade, a student teacher ratio of 17:1 and an average review score of 3.7.
- Frankton Elementary School has a C+ Niche grade and a student teacher ratio of 19:1.
What are the most popular zip codes in Frankton, Frankton, IN?
What are the most popular neighborhoods near Frankton, Frankton, IN?
The most popular neighborhoods near Frankton, Frankton, IN are Strawtown, Riverwood, West Noblesville and Olio.
Are home prices dropping in Frankton?
Yes, home prices in Frankton are down 57% in the last 12 months.
