Town guide

Frankton, Indiana

Frankton is a town in Madison County, Indiana, home to about 1,658 people across 1.1 square miles. Its ZIP code is 46044.

Homes sold for a median of $178 per square foot in the three months ending August 2026, a buyer’s market.

Population1,6581,564 per sq mi
Median home value$140,400Census, as estimated by owners
Price per sq ft$178Sold homes, 3 months to August 2026
Sold over asking50%Latest 3 months

ZIP codes in Frankton

1 ZIP code

Each card is that ZIP code’s whole market, including any part outside Frankton. Seller’s market: under 4 months of supply; buyer’s market: over 6. Methodology

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  • History
  • What it’s like to live there
  • Getting around
  • Things to do

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Around Frankton

Distances

Nearest major airportIndianapolis International Airport (IND)45 miles away
Nearest city of 250,000+Indianapolis, IN37 miles away
Nearest city of 1 million+Chicago, IL149 miles away

Straight-line distances from the center of Frankton; driving is longer.

Source: Airports from OurAirports (scheduled passenger service); city centers and populations from the U.S. Census Bureau.

Who represents Frankton

Source: Members of Congress from the congress-legislators project; districts from the Census Bureau’s relationship files; governor and mayor from Wikidata.

Population over time

Frankton had 1,775 residents in the 2020 census, down 7% since 2000.

It’s the 254th largest of 693 towns in Indiana by population.

Madison County grew from 70,470 residents in 1900 to 130,129 in 2020.

Frankton population by census2000: 1,905, 2010: 1,862, 2020: 1,7751,90520001,86220101,7752020

Madison County, 1900–2020

Madison County population, 1900 to 20201900: 70,470, 1910: 65,224, 1920: 69,151, 1930: 82,888, 1940: 88,575, 1950: 103,911, 1960: 125,819, 1970: 138,451, 1980: 139,336, 1990: 130,669, 2000: 133,358, 2010: 131,636, 2020: 130,12970K’00’1069K’20’3089K’40’50126K’60’70139K’80’90133K’00’10130K’20

Source: U.S. Census Bureau decennial censuses (counties 1900–1990 from the Bureau’s historical county file).

Weather by month

Average highs peak around 84°F in summer, and winter lows average 18°F. About 42.5 inches of rain and melted snow fall in a typical year.

Average high and low temperature and precipitation by month near FranktonJan: high 34°F, low 18°F, 3.2 in; Feb: high 38°F, low 20°F, 2.3 in; Mar: high 49°F, low 29°F, 3 in; Apr: high 62°F, low 39°F, 4 in; May: high 72°F, low 51°F, 4.4 in; Jun: high 81°F, low 60°F, 5.3 in; Jul: high 84°F, low 63°F, 4.2 in; Aug: high 83°F, low 61°F, 3.3 in; Sep: high 77°F, low 53°F, 3.1 in; Oct: high 64°F, low 42°F, 3 in; Nov: high 50°F, low 32°F, 3.6 in; Dec: high 39°F, low 23°F, 3.1 in34°18°Jan3.238°20°Feb2.349°29°Mar3.062°39°Apr4.072°51°May4.481°60°Jun5.384°63°Jul4.283°61°Aug3.377°53°Sep3.164°42°Oct3.050°32°Nov3.639°23°Dec3.1Rain and melted snow, inches

Source: NOAA 1991–2020 climate normals, Elwood, IN weather station (5 miles away).

Jobs in Madison County

34,645 jobs at 2,353 businesses in Madison County. The biggest industries by employees:

Largest industries in Madison CountyHealth care and social assistance: 6,619 jobs; Manufacturing: 4,694 jobs; Retail trade: 4,664 jobs; Hotels and restaurants: 4,303 jobs; Transportation and warehousing: 3,553 jobs; Construction: 1,777 jobs; Other services: 1,700 jobs; Administrative and support: 1,560 jobsHealth care and social assistance 19% Manufacturing 14% Retail trade 14% Hotels and restaurants 12% Transportation and warehousing 10% Construction 5% Other services 5% Administrative and support 5%

Source: U.S. Census Bureau County Business Patterns 2023 (private employers; jobs counted where people work).

Health care

3 doctors and other health care providers list an office in Frankton.

Nearest hospitals

  • Ascension St. Vincent MercyCritical access hospital · emergency room · Elwood4.7 miles
  • Community Hospital of Anderson and Madison CountyGeneral hospital · emergency room · CMS rating 3 of 5 · Anderson8.3 miles
  • Ascension St. Vincent AndersonGeneral hospital · emergency room · CMS rating 2 of 5 · Anderson10.5 miles

Providers with an office here

Specialist doctors1
Mental health providers2

Source: Hospitals from CMS Hospital General Information (ratings are CMS overall star ratings); straight-line distances; providers from the CMS National Plan and Provider Enumeration System (NPPES), by practice address and primary specialty.

Places in and around Frankton

Parks (1 nearby)

  • Jefferson Park · 2 acres0.8 mi

Grocery stores (2 nearby)

  • Dollar General0.9 mi
  • Harvest Market0.9 mi

Pharmacies

  • CVS Pharmacy4.8 mi

Libraries (1 nearby)

  • Frankton Public Library0.4 mi

Museums

  • Elwood Heritage Center4.7 mi

Counts are within about 1 mile of the center of town.

Source: Map data © OpenStreetMap contributors (openstreetmap.org/copyright), as mapped by volunteers; it can miss places or include closed ones.

Schools in Frankton

Public schools here are run by Frankton-Lapel Community Schools. Check each district’s attendance zones for a specific address.

Public schools (2)
SchoolGradesStudentsTypeDistance
Frankton Elementary SchoolFranktonPre-K–6803Public1.1 mi
Frankton Jr-Sr High SchoolFrankton7–12757Public0.6 mi

Source: U.S. Department of Education, NCES: Common Core of Data (2024-2025) for public schools. Listed by address; we don’t rate schools.

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Towns near Frankton

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Town boundaries don’t always match ZIP codes: a ZIP code can cross into neighboring towns, and a town can share a ZIP code with its neighbors. Facts describe the town itself; market figures describe whole ZIP codes.