Town of Frankfort — Financial Data

7,011 Population FY 2024

$351 Town-Wide Per Capita Spending All residents incl. villages FY 2024

9.0% Debt Service FY 2024

3.3 Fiscal Stress FY 2024

10.0 Env. Stress FY 2024

Data comparability note: The following villages are partially within this town but assigned to another town by OSC: Ilion (assigned to Town of German Flatts). Part-town per-capita figures are not yet available for this town because the village population split across town boundaries is unknown. We will include part-town per-capita data once proportional population figures are available. If you have this information or know a definitive source, please email [email protected]. Contains villages: Village of Frankfort (pop. 2,320). Town-wide per capita spending covers all residents including village residents (A-fund services: community services, culture and recreation, debt service, economic development, education, employee benefits, general government, health, public safety, sanitation, transportation). Part-town per capita spending covers only residents outside incorporated villages (B-fund services: community services, culture and recreation, debt service, employee benefits, general government, public safety, sanitation, transportation, utilities).

Villages in Frankfort

Total village population: 2,320 (33% of town)

Village of Frankfort pop. 2,320

Stress Trajectory

Community Profile

Census Bureau ACS 5-year estimates

7.0% Poverty Rate 2023

23.1% Bachelor's+ Rate 2023

3.4% Unemployment Rate 2023

83.2% Homeownership Rate 2023

Median Household Income

$68,773 (2023)

2010 2023

Per Capita Income

$43,625 (2023)

2010 2023

Median Home Value

$144,500 (2023)

2010 2023

Median Gross Rent

$833 (2023)

2010 2023

Median Age

45.2 (2023)

2010 2023

Gini Index

0 = perfect equality · 1 = perfect inequality

0.5 (2023)

2010 2023

Financial Trends

Total spending across all funds, including services for the entire town and services exclusive to areas outside villages · 1995–2024

Fiscal Health

Debt Outstanding

$2,934,813 (2024)

2011 2024

Full Value of Taxable Property

$560,937,290 (2024)

2011 2024

Debt Service

$896,029 (2024)

1995 2024

Debt Service %

9.0% (2024)

1995 2024

Town-Wide Per Capita Spending

$351 (2024)

2010 2024

Fiscal Stress Score (OSC)

0 = healthy · 100 = significant stress

3.3 (2024)

2012 2024

Environmental Stress Score (OSC)

0 = no stress · 100 = significant stress

10.0 (2024)

2012 2024

Top Revenue Sources

Real Property Taxes And Assessments

$5,328,780 (2024)

1995 2024

Sales And Use Tax

$1,372,974 (2024)

1995 2024

State Aid

$1,067,820 (2024)

1995 2024

Charges To Other Governments

$692,588 (2024)

1995 2024

Use And Sale Of Property

$503,848 (2024)

1995 2024

Top Expenditures

Transportation

$2,494,058 (2024)

1995 2024

Employee Benefits

$2,490,786 (2024)

1995 2024

Public Safety

$2,341,715 (2024)

1995 2024

General Government

$1,424,096 (2024)

1995 2024

Community Services

$105,582 (2024)

1995 2024

Financial Documents (80)

Year	Title	Type
2024	Town of Frankfort OSC Annual Financial Report 2024	OSC_TOWN_CSV_AFR
2024	Town of Frankfort OSC Annual Financial Report 2024	OSC_TOWN_AFR
2024	Town of Frankfort FSMS Report 2024	FSMS_MONITORING
2023	Town of Frankfort Census ACS 5-Year Estimates 2023	US_CENSUS_ACS5
2023	Town of Frankfort OSC Annual Financial Report 2023	OSC_TOWN_CSV_AFR

View all 80 documents →

Governance & Structure

Governance Structure

Structure: Not specified
Fiscal Autonomy: Not specified
ICMA Recognition: —
Notes: None
OSC Code: 210329900000

School Details

Not applicable for this entity type.