Franktown is a tiny town located in the state of Colorado. With a population of 409 people and two associated neighborhoods, Franktown is the 217th largest community in Colorado. Much of the housing stock in Franktown was built relatively recently. The construction of new real estate can often be taken as an indication that the local Franktown economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in Franktown, where the median household income is $250,001.00. 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, managers, and sales and office workers. There are especially a lot of people living in Franktown who work in healthcare (26.70%), office and administrative support (17.19%), and management occupations (10.86%). 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. Telecommuters are a relatively large percentage of the workforce: 26.70% 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. Because of many things, Franktown is a very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, Franktown really has some of the features that families look for when choosing a good community to raise children. Is Franktown perfect? Of course not, and if you like frenetic nightlife, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live. One downside of living in Franktown is that it can take a long time to commute to work. In Franktown, the average commute to work is 39.72 minutes, which is quite a bit higher than the national average. As is often the case in a small town, Franktown doesn't have a public transportation system that people use for their commute.Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in Franktown. 65.07% of adults here have a 4-year degree or graduate degree, whereas the national average for all cities and towns is just 21.84%. The per capita income in Franktown in 2022 was $145,667, which is wealthy relative to Colorado and the nation. This equates to an annual income of $582,668 for a family of four. 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, followed by Black or African-American. Important ancestries of people in Franktown include English, Italian, Irish, German, and Scottish. The most common language spoken in Franktown is English. Other important languages spoken here include Italian and African languages.
