Signals
Frankfort
Bedford
Growth
25 · Bottom 13%
vs35 · Bottom 27%
Climate
62 · Bottom 34%
vs69 · Top 42%
Physical resilience
70 · Top 30%
vs67 · Top 34%
Housing affordability
100 · Top 27%
vs100 · Top 27%
Access
77 · Top 49%
vs67 · Bottom 32%
Economic stability
82 · Top 11%
vs65 · Top 32%
Measured values
| Metric | Frankfort | Bedford | Source period |
|---|---|---|---|
| Population | 32,944 | 45,102 | 2024 ACS 5-Year |
| Median household income | $65,019 | $66,468 | 2024 ACS 5-Year |
| Per capita income | $30,642 | $35,064 | 2024 ACS 5-Year |
| Population density | 81/sq mi | 100/sq mi | 2024 ACS 5-Year |
| Median home value | $164,100 | $175,000 | 2024 ACS 5-Year |
| Median gross rent | $920 | $845 | 2024 ACS 5-Year |
| Homeownership rate | 74.2% | 80.7% | 2024 ACS 5-Year |
| Bachelor's degree or higher | 16.5% | 20.4% | 2024 ACS 5-Year |
| Poverty rate | 9.8% | 12.2% | 2024 ACS 5-Year |
| Housing units permitted (12 months) | 54 | 70 | 12 months ending July 2026 |
| Permits per 1,000 residents | 1.6 | 1.6 | 12 months ending July 2026 |
| Permit change (year over year) | -25.0% | -6.7% | 12 months ending July 2026 |
| Average July high | 84°F | 84°F | 1991-2020 Normals |
| Average January low | 18°F | 23°F | 1991-2020 Normals |
| Annual precipitation | 37.0" | 48.6" | 1991-2020 Normals |
| Distance to major airport | 42 mi | 61 mi | NASR current cycle |
| Average commute | 23.6 min | 28.5 min | 2024 ACS 5-Year |
| Median age | 36.7 | 43.3 | 2024 ACS 5-Year |
A bolded value is the more favorable of the two where the metric has a clear direction. Metrics like population and density have no inherent better or worse and are shown unweighted.
Physical risk tradeoff
Frankfort
Elevated or high exposure: hail, earthquake, tornado.
Bedford
Elevated or high exposure: earthquake, tornado.
Full profiles: Frankfort, IN Micro Area · Bedford, IN Micro Area · How this is calculated: methodology