Frankfort, New York.
. Utica-Rome, NY metro.
to buy the typical home at today's mortgage rate — +$1,478 (+116%) since Jan 2020.
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- New York$2,755
- United States$1,922
Living in Frankfort, Herkimer County, New York
Frankfort is a village of 2,320 people in Herkimer County. Half its households earn more than $50,909 a year and half less, against $68,515 across Herkimer County; 11% of its people live below the poverty line. 76% of its homes are lived in by their owners and 24% are rented. Unemployment in Herkimer County was 4.2% in August 2026, and the county had 2.3% more jobs in 2025 than the year before. The most residents work in schools and health care, then government.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Frankfort is a village in Herkimer County, in the Mohawk Valley of central New York. Most homes are lived in by their owners, and household incomes run below the county's, with a smaller share of adults holding a four-year degree than you might find in larger places. Winters are cold, with January the coldest month and daytime highs staying near freezing, while July brings pleasantly warm days.
Work. Residents work mostly in schools, hospitals and social care, with government, professional and business services, and the building trades also well represented. Across Herkimer County, some of the largest workplaces are the Tractor Supply Company Distribution Center, Walmart and Herkimer County Community College. The typical commute is a fairly long one, and some residents work from home.
Things to do. Moyer Creek, Bonny Brook and Steele Creek all run in or beside town, which makes for easy time outdoors close to home. A short drive away, Fort Dayton is a historic fort, and the Munson-Williams-Proctor Arts Institute is an art museum. For a longer outing, the National Baseball Hall of Fame and Museum is a longer drive away.
Report a mistake
- 1,070households
- 13%of adults have a degree
- 11%below the poverty line
- 27 mintypical commute
- 14%work from home
What residents work in
Employed residents by industry, from the Census survey. Herkimer County had 15,878 jobs in 2025, 2.3% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 30° and lows near 11°; warmest in July, with highs near 81° and lows near 58°.
Average daily high and low, 1991–2020, at the Little Falls City Rsch weather station, 10 miles away (NOAA).
Largest workplaces in Herkimer County
- Tractor Supply Company Distribution CenterGeneral warehousing and storage425
- WalmartWarehouse clubs and supercenters422
- Central Valley CSD at Ilion-mohawkSchool district364FTE
- Herkimer County Community CollegeTwo-year college253
- Mount Markham Central School DistrictSchool district192FTE
- Foltsbrook CenterHome nursing services, private practice190
- Little Falls City School DistrictSchool district183FTE
- Little Falls HospitalCritical access hospital174FTE
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 37 workplaces with 20 or more staff, 3,360 people in all across the county; Frankfort has two of its own. School districts come from the Common Core of Data (NCES, 2023–24), colleges from IPEDS (NCES, 2023–24) and hospitals from their Medicare cost reports (CMS, 2023); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Winter weatherRelatively moderate
- Inland floodingRelatively moderate
- LightningRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Frankfort’s census tracts, against the rest of the country; all of them together, relatively low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Herkimer County and the Utica-Rome, NY metro.
Frankfort home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
Not enough data to draw this yet.
Sellers are cutting prices on about 1 in 4 Frankfort listings — the market is roughly in balance.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Frankfort22.54%
- United States26.90%
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Frankfort21
New listings per month
Sellers arriving at the market.
- Frankfort8
Zip codes with a Frankfort address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Frankfort — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.