Frankford, DE Profile: Facts & Data

The Town of Frankford had a population of 818 as of July 1, 2022. Frankford ranks in the upper quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Delaware. See peer rankings below.

The primary coordinate point for Frankford is located at latitude 38.5173 and longitude -75.2349 in Sussex County. The formal boundaries for the Town of Frankford encompass a land area of 0.73 sq. miles and a water area of 0 sq. miles. Sussex County is in the Eastern time zone (GMT -5). The elevation is 36 feet.

The Town of Frankford has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Delaware is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The Town of Frankford is located within Selbyville-Frankford Division of Sussex County.

Alternate Unofficial Names for Frankford: Frankfort, Gum's Store, Long's Store.

Frankford, DE Data & Demographics (As of July 1, 2022)

POPULATION
Total Population	818 (100%)
Population in Households	816 (99.8%)
Population in Families	649 (79.3%)
Population in Group Quarters¹	2 ( 0.2%)
Population Density	1,122
Diversity Index²	83


INCOME
Median Household Income	$59,589
Average Household Income	$84,662
% of Income for Mortgage⁴	24%
Per Capita Income	$30,265
Wealth Index⁵	72

HOUSING
Total HU (Housing Units)	296 (100%)
Owner Occupied HU	189 (63.9%)
Renter Occupied HU	72 (24.3%)
Vacant Housing Units	35 (11.8%)
Median Home Value	$268,966
Average Home Value	$380,452
Housing Affordability Index³	116

HOUSEHOLDS
Total Households	261
Average Household Size	3.13
Family Households	187
Average Family Size	3.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

Frankford, DE - Peer Comparisons by Rank and Percentile

The table below compares Frankford to the other 79 incorporated cities, towns and CDPs in Delaware by rank and percentile using July 1, 2022 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2020-2022	2022-2027
Population	1.56%	1.75%
Households	1.75%	1.99%
Families		1.95%
Median Household Income		2.79%
Per Capita Income		3.62%
Owner Occupied HU		2.90%

Variable Description	Rank	Percentile
Total Population	# 57	29th
Population Density	# 52	35th
Median Household Income	# 58	28th
Housing Affordability Index	# 26	33rd
Per Capita Income	# 60	25th
Diversity Index	# 2	99th

Frankford, DE Profile: Facts & Data

Frankford, Delaware - Basic Facts

Frankford, DE Data & Demographics (As of July 1, 2022)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Frankford, DE - Peer Comparisons by Rank and Percentile

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