Frankton is a town in Pipe Creek and Lafayette townships, Madison County, Indiana, United States. It is part of the Anderson, Indiana Metropolitan Statistical Area. The population was 1,862 at the 2010 census. History Frankton was laid out in 1853. It was incorporated as a town in 1871. Geography Frankton is located at (40.222213, -85.771806). According to the 2010 census, Frankton has a total area of , all land. Demographics 2010 census As of the census of 2010, there were 1,862 people, 732 households, and 531 families living in the town. The population density was . There were 808 housing units at an average density of . The racial makeup of the town was 97.5% White, 0.4% African American, 0.1% Native American, 0.1% Asian, 0.9% from other races, and 1.1% from two or more races. Hispanic or Latino of any race were 2.2% of the population. There were 732 households, of which 35.9% had children under the age of 18 living with them; 52.9% were married couples living together; 14.6% had a female householder with no husband present; 5.1% had a male householder with no wife present; and 27.5% were non-families. 24.2% of all households were made up of individuals, and 10.2% had someone living alone who was 65 years of age or older. The average household size was 2.54 and the average family size was 3.00. The median age in the town was 38.2 years. 26.9% of residents were under the age of 18; 7% were between the ages of 18 and 24; 25.3% were from 25 to 44; 26.5% were from 45 to 64; and 14.3% were 65 years of age or older. The gender makeup of the town was 48.7% male and 51.3% female. 2000 census As of the census of 2000, there were 1,905 people, 752 households, and 560 families living in the town. The population density was . There were 782 housing units at an average density of . The racial makeup of the town was 97.85% White, 0.05% African American, 0.10% Native American, 0.31% Asian, 1.21% from other races, and 0.47% from two or more races. Hispanic or Latino of any race were 1.63% of the population. There were 752 households, out of which 34.8% had children under the age of 18 living with them, 59.0% were married couples living together, 10.9% had a female householder with no husband present, and 25.4% were non-families.