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. 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.Franktown is a decidedly white-collar town, with fully 87.36% of the workforce employed in white-collar jobs, well above the national average. 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 (26.37%), office and administrative support (18.13%), and art, media, and design (11.54%). 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. One interesting thing about the economy is that relatively large numbers of people worked from their home: 20.33% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. 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 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 ranks among the lowest in the country, making it one of the safest places to raise a family. 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 39.14 minutes, which is quite a bit higher than the national average. Being a small town, Franktown does not have a public transit system used by locals to get to and from work.If knowledge is power, Franktown is a pretty powerful place. 56.66% of the adults in Franktown have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns. The per capita income in Franktown in 2022 was $130,788, which is wealthy relative to Colorado and the nation. This equates to an annual income of $523,152 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, English, French, German, and Irish. The most common language spoken in Franktown is English. Other important languages spoken here include Italian and African languages.
