Groundwork

Beauty and personal care · Small-town market · Indiana

Hair salons in the Frankfort, IN area

How the Frankfort, IN area compares with other small-town markets and the U.S. for hair salons: competitors, household spending, official counts and growth.

Groundwork market score · out of 100

Score 68 out of 100: Upper middle

Ranked #72 of 538 scored small-town markets
#6 of 25 scored small-town markets based in Indiana

Listings
24
4 chain locations (17%)
Official establishments
3
Businesses with payroll, 2023
Household spending a year
$11.4M
On personal care products and services · $915 a household
Spending per listing
$476K
11% above the U.S.
Listings per 10k households
19.2
18% below the U.S.
Population, 2025
33,322
+0.4% since 2020

See the hair salons around any address in the Frankfort area

The site report maps the hair salons 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.

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

What this means

Map listings as of September 2026 show 24 hair salons in the Frankfort area. Chain locations make up 17% of them, against 14% across the U.S. That comes to 19.2 for every 10,000 households, 18% below the U.S. rate of 23.4.

Household spending on personal care products and services in the Frankfort area comes to about $11.4M a year: $915 per household, 9% below the U.S. average. Spread across 24 hair salons, that is $476K per salon, 11% above the U.S. figure of $430K. That spending covers all personal care products and services, which hair salons share with other businesses in the trade.

Official counts show 3 businesses with payroll classed as beauty salons in the Frankfort area in 2023. That is one for every 4,165 households, against one for every 1,535 across the U.S. Official counts list 49 one-person businesses without payroll.

Between 2020 and 2025, the population of the Frankfort area grew 0.4%, slower than the U.S. (+3.1%). The Frankfort area scores 68 (upper middle) on the Groundwork market score for hair salons, ranking #72 of 538 scored small-town markets and #6 of 25 scored small-town markets based in Indiana. That puts it in the top quarter of small-town markets.

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 personal care products and services by the hair salons counted, so it measures the demand for each competitor, not any business’s revenue. Households per establishment does the same with the official count.

Hair salons in Frankfort, IN area compared with Indiana and the U.S.
MeasureFrankfort areaIndianaU.S.
Listings per 10k households19.221.123.4
Spending per listing$476K$460K$430K
Households per official establishment4,1651,8891,535
Official establishment growth, 2019–2023n/a+6.1%+6.0%
Population growth, 2020–2025+0.4%+2.7%+3.1%
Spending per household on personal care products and services$915$971$1,005
Median household income$65,019$71,957$80,734
Groundwork market score6851

Official counts and lending

Businesses

Official establishments, 2019 to 2023
3
Employees, 2023
6
Annual payroll, 2023
$89K
One-person businesses, 2023
49Businesses with no payroll
Map listings, September 2026
244 chain locations
Listings at the U.S. rate for this spending
27The U.S. ratio of listings to household spending, applied here

SBA-backed loans since fiscal 2022

Loans
0
Amount
$0

SBA-backed loans to businesses classed as beauty salons 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 hair salons 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.

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Hair salons across Indiana

Every Indiana market ranked →

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

Top small-town markets in Indiana

Small-town markets in Indiana ranked for hair salons by Groundwork market score
MarketScoreListingsPer 10k householdsSpending per listingPopulation growthU.S. rank
1Auburn, IN842715.8$602K+2.9%#4 of 538
2Seymour, IN813217.6$534K+1.9%#9 of 538
3Kendallville, IN752714.9$634K+1.0%#27 of 538
4Greensburg, IN751917.7$544K+0.4%#29 of 538
5Jasper, IN733620.5$486K+0.9%#40 of 538
6Frankfort, IN682419.2$476K+0.4%#72 of 538
7Greencastle, IN683021.2$454K+3.2%#74 of 538
8Bedford, IN653518.3$496K+1.2%#93 of 538
9Richmond, IN634918.2$471K−0.5%#121 of 538
10Marion, IN615018.7$445K0.0%#145 of 538

Other business types in the Frankfort area

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

Questions

How many hair salons are in the Frankfort, IN area?

There are 24 hair salons on map listings in the Frankfort area as of September 2026. 4 of them (17%) are chain locations. The listings count hair and beauty salons. Official counts show 3 businesses with payroll classed as beauty salons in 2023. Official counts also show 49 one-person businesses without payroll.

How much do households in the Frankfort, IN area spend on personal care products and services?

About $11.4M a year, or $915 per household. That is 9% below the U.S. average (an index of 91, where 100 is the U.S. average). Spread across the 24 hair salons on map listings, it comes to $476K per salon. The spending figure covers all personal care products and services, not only hair salons. 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 hair salons?

The Frankfort area has 19.2 hair salons per 10,000 households, 18% below the U.S. rate of 23.4. Spending per salon is $476K, 11% above the U.S. figure of $430K. At the national ratio of hair salons to household spending, the Frankfort area would have about 27, against 24 on map listings. There is one business with payroll in the industry for every 4,165 households, against one for every 1,535 across the U.S.

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 68 for hair salons (upper middle), #72 of 538 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 hair salons 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 hair salons · 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.