Franktown is a tiny town located in the state of Colorado. With a population of 409 people and two constituent neighborhoods, Franktown is the 217th largest community in Colorado.
Franktown home prices are not only among the most expensive in Colorado, but Franktown real estate also consistently ranks among the most expensive in America.
Unlike some towns where white-collar or blue-collar occupations dominate the local economy, Franktown is neither predominantly one nor the other. Instead, it has a mixed workforce of both white- and blue-collar jobs. Overall, Franktown is a town of professionals, transportation and shipping workers, and construction workers and builders. There are especially a lot of people living in Franktown who work in art, media, and design (31.91%), computer science and math (22.34%), and healthcare (13.83%).
Of important note, Franktown is also a town of artists. Franktown has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Franktown’s character.
Also of interest is that Franktown has more people living here who work in computers and math than 95% of the places in the US.
Telecommuters are a relatively large percentage of the workforce: 9.57% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
In addition, Franktown is a college town. There are a lot of students in Franktown attending college, and as a result Franktown provides a number of services, amenities and opportunities geared to the needs and activities of students.
Because of many things, Franktown is a great place for families with children to consider. First of all, many other families with children live here, making Franktown a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The town’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Franktown has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Franktown’s overall crime rate is lower than average for the country.
In Franktown, however, the average commute to work is quite long. On average, people spend 32.82 minutes each day getting to work, which is significantly higher than the national average.
Franktown is a small town, and as such doesn't have a public transit system that people use to get to and from their jobs every day.
The percentage of adults in Franktown who are college-educated is close to the national average for all communities of 21.84%: 19.29% of the adults in Franktown have a bachelor's degree or advanced degree.
The per capita income in Franktown in 2018 was $22,866, which is low income relative to Colorado, and lower middle income relative to the rest of the US. This equates to an annual income of $91,464 for a family of four. However, Franktown contains both very wealthy and poor people as well.
The people who call Franktown home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Franktown residents report their race to be White. Important ancestries of people in Franktown include Italian, French, German, English, and Dutch.
The most common language spoken in Franktown is English. Other important languages spoken here include Italian and African languages.