2025 Compare Cities Economy:
Frankfort, IN vs Elwood, IN

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Highlights
- Household income in Elwood, is 1% more than it is in Frankfort and is 48% below the National Average.
- Frankfort unemployment rate is 3.5%.
- Elwood unemployment rate is 5.4%.
 Frankfort, INElwood, INUnited States
 Unemployment Rate  Unlock5.4%6.0%
 Recent Job Growth  Unlock2.5%1.6%
 Future Job Growth29.3%  Unlock33.5%
 Sales Taxes7.0%  Unlock6.2%
 Income Taxes  Unlock5.0%4.6%
 Income per Cap.$22,049  Unlock$37,638
 Household Income  Unlock$46,709$69,021
 Family Median Income$56,744  Unlock$85,028
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 Est. Households By Income
 Frankfort, INElwood, INUnited States
 Income Less Than 15K  Unlock10.9%9.4%
 Income between 15K and 20K5.7%  Unlock3.8%
 Income between 20K and 30K  Unlock14.4%8.1%
 Income between 30K and 40K14.3%  Unlock8.0%
 Income between 40K and 50K  Unlock9.0%7.6%
 Income between 50K and 60K10.3%  Unlock7.2%
 Income between 60K and 75K  Unlock9.7%9.6%
 Income between 75K and 100K11.7%  Unlock12.8%
 Income between 100K and 150K  Unlock9.8%16.3%
 Income between 150K and 200K2.3%  Unlock7.8%
 Income greater than 200K  Unlock0.8%9.5%
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 Population By Occupation
 Frankfort, INElwood, INUnited States
 Management, business, finance4.8%  Unlock16.4%
 Engineering, computers, science  Unlock1.5%6.5%
 Community, social services0.4%  Unlock1.8%
 Legal  Unlock0.0%1.2%
 Education, library4.6%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock0.7%2.0%
 Healthcare practitioners and technology2.5%  Unlock6.2%
 Healthcare support  Unlock6.2%3.3%
 Firefighters, law enforcement1.7%  Unlock2.1%
 Food preparation, serving  Unlock6.7%5.4%
 Building maintenance5.8%  Unlock3.6%
 Personal care  Unlock0.6%2.6%
 Sales, office, administrative support14.5%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.2%0.6%
 Construction, extraction, maintenance/repair13.5%  Unlock8.1%
 Production, transportation, material moving  Unlock35.1%13.1%
Reviews for Frankfort    2 Reviews

I have lived in Frankfort for over 40 years. Previously I lived all over the country. This is one of kindest and caring communities I have known. Clinton County is the  More

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I've lived in Frankfort my entire life from age 5 on. I've traveled to London, Paris and Rome, drove from Frankfort to LA and Vegas, many times to Florida, twice visited  More

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Reviews for Elwood    2 Reviews

Over 6 years ago

I don't even know where to start. I lived in Elwood for around 11 years and do not recommend moving here. The town is VERY oppressed–drugs are a big issue, as well as  More

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Over 11 years ago

Yuk!  More

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