Groundwork

Funeral services · Small-town market · Indiana

Funeral homes in the Frankfort, IN area

The funeral homes in the Frankfort, IN area, the household spending behind them and how the market ranks against other small-town markets.

Groundwork market score · out of 100

Score 41 out of 100: Lower middle

Ranked #236 of 365 scored small-town markets
#9 of 19 scored small-town markets based in Indiana

Listings
5
0 chain locations (0%)
Official establishments
n/a
Fewer than 3, or not published
Household spending a year
$1.8M
On funerals · $142 a household
Spending per listing
$356K
48% below the U.S.
Listings per 10k households
4.0
90% above the U.S.
Population, 2025
33,322
+0.4% since 2020

See the funeral homes around any address in the Frankfort area

The site report maps the funeral homes on map listings near the address, by name and distance, and sizes the households and spending around it. Or open the report at the center of the Frankfort area. Signed out, you see a blurred preview; on an account, each report is one action.

Free10 actions over 3 days, no card

Survey estimates 2020–2024 · population estimates 2025 · official business counts 2023 · map listings September 2026 · Data credits · How we measure

What this means

At $142 per household (in line with the U.S. average), households in the Frankfort area spend about $1.8M a year on funerals. Spread across 5 funeral homes, that is $356K per home, 48% below the U.S. figure of $679K.

There are 5 funeral homes on map listings in the Frankfort area as of September 2026. None of them are chain locations, against 10% across the U.S. Per 10,000 households, that is 4.0, 90% above the U.S. rate of 2.1.

Official counts don’t publish a figure for funeral homes and funeral services in the Frankfort area, since they leave out counts under 3. Since fiscal 2022, 1 SBA-backed loan worth $2.7M has gone to businesses classed as funeral homes and funeral services in the Frankfort area.

Population estimates put the population change in the Frankfort area from 2020 to 2025 at +0.4%, slower than the U.S. (+3.1%). The Frankfort area scores 41 (lower middle) on the Groundwork market score for funeral homes, ranking #236 of 365 scored small-town markets and #9 of 19 scored small-town markets based in Indiana.

How the Frankfort area compares

The same measures for Indiana and the whole U.S. Spending per listing divides a year of household spending on all funerals by the funeral homes counted, so it measures the demand for each competitor, not any business’s revenue. Households per establishment does the same with the official count.

Funeral homes in Frankfort, IN area compared with Indiana and the U.S.
MeasureFrankfort areaIndianaU.S.
Listings per 10k households4.02.92.1
Spending per listing$356K$473K$679K
Households per official establishmentn/a5,7068,510
Official establishment growth, 2019–2023n/a−4.6%−1.7%
Population growth, 2020–2025+0.4%+2.7%+3.1%
Spending per household on funerals$142$135$143
Median household income$65,019$71,957$80,734
Groundwork market score4126

Official counts and lending

Businesses

Official establishments, 2019 to 2023
n/a
Employees, 2023
n/a
Annual payroll, 2023
n/a
One-person businesses, 2023
Not publishedNot published for this business type
Map listings, September 2026
50 chain locations
Listings at the U.S. rate for this spending
3The U.S. ratio of listings to household spending, applied here

SBA-backed loans since fiscal 2022

Loans
1
Amount
$2.7M

SBA-backed loans to businesses classed as funeral homes and funeral services in the Frankfort area, through June 2026, placed by the borrower’s ZIP code. Official establishments are businesses with payroll; the official counts leave out places with fewer than 3.

Population and households in the Frankfort area

Population, 2025 estimate
33,322+0.4% since 2020
Households
12,496
Median age
37.5
Homes lived in by their owners
74%
Vehicles per household
2.0
Land area
405 sq. mi.
People per square mile
81
Median household income
$65,019+19.8% vs. 2015–2019, before inflation
Average household income
$79,786
Median home value
$164,100
Jobs located here
11,964
Daytime population
30,915Residents who don’t work, plus everyone whose job is here

Looking at a specific site in the Frankfort area?

These figures cover the whole small-town market. A site report draws rings around one address and counts what’s inside them: households, spending, jobs, and the funeral homes on map listings by name and distance.

Or open the report at the center of the Frankfort area. Signed out, you see a blurred preview; on an account, each report is one action.

Free10 actions over 3 days, no card

Funeral homes across Indiana

Every Indiana market ranked →

The highest-scoring small-town markets in Indiana for funeral homes, numbered among those based in Indiana, with the Frankfort area marked.

Top small-town markets in Indiana

Small-town markets in Indiana ranked for funeral homes by Groundwork market score
MarketScoreListingsPer 10k householdsSpending per listingPopulation growthU.S. rank
1Warsaw, IN64103.1$454K+0.9%#96 of 365
2Decatur, IN6164.8$362K+2.2%#114 of 365
3Bedford, IN6063.1$491K+1.2%#117 of 365
4Plymouth, IN6063.4$479K+1.2%#118 of 365
5Kendallville, IN5763.3$415K+1.0%#136 of 365
6Greencastle, IN5253.5$412K+3.2%#163 of 365
7Richmond, IN46124.4$356K−0.5%#198 of 365
8New Castle, IN4694.8$327K+0.5%#201 of 365
9Frankfort, IN4154.0$356K+0.4%#236 of 365
10Monticello, IN4165.9$276K+2.0%#238 of 365

Other business types in the Frankfort area

Each with its Groundwork market score here, out of 100, where it has one.

Questions

How many funeral homes are in the Frankfort, IN area?

As of September 2026, map listings count 5 funeral homes in the Frankfort area. None of them are chain locations. The listings count funeral homes, mortuaries and cremation services. No official count is published for funeral homes and funeral services in the Frankfort area: counts under 3 are left out.

How much do households in the Frankfort, IN area spend on funerals?

About $1.8M a year, or $142 per household. That is in line with the U.S. average (an index of 100, where 100 is the U.S. average). Spread across the 5 funeral homes on map listings, it comes to $356K per home. It is estimated from the incomes of the 12,496 households in the Frankfort area and national spending patterns by income.

How does the Frankfort, IN area compare with the U.S. for funeral homes?

The Frankfort area has 4.0 funeral homes per 10,000 households, 90% above the U.S. rate of 2.1. Spending per home is $356K, 48% below the U.S. figure of $679K. At the U.S. ratio of funeral homes to household spending, the Frankfort area would have about 3, against 5 on map listings.

How fast is the Frankfort, IN area growing?

Population estimates put the Frankfort area at 33,322 people in 2025, up 0.4% since 2020, slower than the U.S. (+3.1%). It has 12,496 households. The median household income in the Frankfort area is $65,019 a year, 19% below the U.S. median of $80,734. That rose 19.8% from the 2015–2019 survey, before inflation.

What is the Groundwork market score?

The Groundwork market score runs from 0 to 100 and compares a market with others of its kind for one business type: states with states, metro areas with metro areas, small-town markets and counties with their own. A small-town market is a town of 10,000 to 50,000 people and the county or counties tied to it by commuting. It weighs household spending per competitor (35%), households per business with payroll (25%), population growth (20%) and spending power (20%), each ranked against those peers. A higher score means that, taken together, the market has more household spending and more households for each business already there, faster population growth and more spending per household than similar markets. It describes a market, not any one site or deal. The Frankfort area scores 41 for funeral homes (lower middle), #236 of 365 scored small-town markets.

How can I see the market around a specific site?

Run a Groundwork site report on an address in the Frankfort area. It maps the funeral homes on map listings near the site and sizes the households and spending within the distance you choose. New accounts get 10 actions over 3 days, no card.

How the score works · Top markets for funeral homes · All 56 business types in the Frankfort area

Screening a site or an acquisition in the Frankfort area?

A site report maps the competitors on map listings near an address and sizes the households and spending around it.

The button opens the report at the center of the Frankfort area. Signed out, you see a blurred preview; on an account, each report is one action.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are estimates for research only. Not investment or real estate advice.