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The total population of Frankston is estimated to be 1,282 with 644 males (50.23%) and 638 females (49.77%). There are 6 less females than males in Frankston.
The median household income in Frankston was $58,099 in 2021, which marked an an increase of 5,691(10.86%) from $52,408 in 2020. This income is 77.87% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Frankston sees its highest median household income among householders in the age group of 25 to 44 years old, at $82,555. Overall, the median household income for the town of Frankston stands at $58,099.
In Frankston, the median income for all workers aged 15 years and older, regardless of work hours, was $27,068 for males and $26,625 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $66,352 for males and $43,068 for females.
In Frankston, there are just two different racial groups among households. Among these, Two or More Races households report a median household income of $65,282, while White households have a median household income of $54,553.
In 2022, the population of Frankston was 1,103, a 1.78% decrease year-by-year from 2021. Previously, in 2021, Frankston's population was 1,123, an increase of 0.18% compared to a population of 1,121 in 2020.
The median age in Frankston, TX is 48.5, as per 2021 ACS 5-Year Estimates. Of the total population, 17.16% were under the age of 15, 18.30% aged 15 to 29, 44.03% aged 30 to 64, 14.72% aged 65 to 84, and 5.79% were 85 years of age and older.
Racial distribution of Frankston population: 68.05% are White, 8.01% are Black or African American, 0.29% are American Indian and Alaska Native, 1.50% are Asian and 22.16% are multiracial.