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Franklin city, Indiana

City

Population: 25,999 (2023 estimate)

Located in Indiana , Indiana

Census Bureau data for Franklin city from the American Community Survey. "Cities" in Census data include incorporated places, towns, villages, and census-designated places (CDPs) — all places where the Census collects community-level estimates.

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Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).

Quick Facts — Franklin city

What is the median household income in Franklin city?
The median household income in Franklin city is $77,305 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
What is the poverty rate in Franklin city?
The poverty rate in Franklin city is 8.5% (U.S. Census Bureau ACS 2023).
What is the median home value in Franklin city?
$212,500 (U.S. Census Bureau ACS 2023).
What is the average rent in Franklin city?
The median gross rent in Franklin city is $1,127 per month (U.S. Census Bureau ACS 2023).
What percentage of Franklin city residents have a college degree?
24.6% of adults in Franklin city hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
25,999
Median Income
$77,305
Median Home Value
$212,500
Poverty Rate
8.5%
Unemployment (ACS 2023)
3.9%
Median Age
34.0 yrs
Since 2019 Median Income: +$17,375 (+29%) Home Value: +$83,300 (+64.5%) Poverty Rate: +0.7 pp (+9%) Bachelor's+: +0.3 pp (+1.2%) Unemployment: -0.8 pp (-17%)

Demographics

Total Population 25,999
Median Age 34.0
Female 53.4%
Race & Ethnicity
Hispanic or Latino 2.3% White (non-Hisp.) 90.2% Black 2.9% Asian 1.2% Two or More 4.7% Other 0.4%
Asian Subgroups (% of total pop.)
Chinese
0.3%
Filipino
0.1%
Japanese
0.1%
Hispanic Subgroups (% of total pop.)
Mexican
1.1%
Puerto Rican
0.4%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Income & Poverty

Median Household Income $77,305 ±$10,205
+$7,254 vs. state
Per Capita Income $101,368
Median Family Income $91,150
Poverty Rate 8.5%
+0.1 pp vs. state
Child Poverty Rate 10.9%
Working-Age Poverty Rate
SNAP Recipients 8.9%
Social Security Income
Retirement Income 22.8%
Household Income Distribution
< $10k
5.8%
$10–15k
2.9%
$15–25k
6.0%
$25–35k
9.0%
$35–50k
10.2%
$50–75k
15.3%
$75–100k
15.6%
$100–150k
21.4%
$150–200k
7.9%
$200k+
5.9%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Housing

Total Housing Units 9,924
Owner-Occupied 66.4%
Renter-Occupied 33.6%
Vacancy Rate 6.4%
Median Home Value $212,500
+$10,900 vs. state
Median Gross Rent $1,127
Owner Cost Burden (30%+) 13.7%
Renter Cost Burden (30%+) 36.7%
Home Value Distribution
< $50k
7.2%
$50–100k
3.5%
$100–200k
14.1%
$200–300k
35.5%
$300–500k
16.6%
$500k–$1M
2.3%
$1M+
0.4%
Gross Rent Distribution
< $500
5.9%
$500–1k
33.3%
$1–1.5k
33.3%
$1.5–2k
16.0%
$2–2.5k
10.5%
$2.5–3.5k
0.4%
$3.5k+
0.4%
Vehicle Availability
No vehicle
4.1%
1 vehicle
30.1%
2 vehicles
40.0%
3+
25.7%
Housing Type
Single-fam. det.
74.8%
Single-fam. att.
4.7%
2–4 units
2.4%
5–19 units
4.1%
20+ units
3.5%
Mobile home
4.2%
Housing Age
Pre-1940
10.5%
1940–1969
4.3%
1970–1999
6.1%
2000–2009
22.4%
2010+
10.8%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Education

High School or Higher 92.7%
Bachelor's or Higher 24.6%
-4.2 pp vs. state
Graduate Degree 8.2%
Some College / Associate 24.1%
Less Than High School 2.2%
Enrolled in School

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Employment

Labor Force Participation 64.5%
Unemployment Rate 3.9%
-0.4 pp vs. state
Work from Home 10.1%
Self-Employed 4.4%
Government Workers 11.8%
Private For-Profit 83.5%
Industry
Edu/Health
25.9%
Manufacturing
13.0%
Retail
12.2%
Prof. Services
11.7%
Construction
7.5%
Arts/Entmt.
6.9%
Transportation
6.8%
Finance
5.0%
Public Admin
3.5%
Wholesale
2.6%
Information
0.6%
Agriculture
0.4%
Occupation
Management
39.0%
Sales
17.5%
Production
17.1%
Food Prep
16.5%
Construction
9.9%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Commute

Median Travel Time 24.4 min
Drove Alone 77.3%
Carpool 9.9%
Public Transit 0.4%
Work from Home 10.1%
Walked 1.3%
Bicycle

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Households & Families

Total Households 9,286
Avg. Household Size 2.00
Avg. Family Size
Married-Couple Households 48.1%
Single-Mother Households
Single-Father Households
Living Alone
Households with Children 23.3%
Multigenerational

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Age Distribution

Under 5
6.6%
5–9
5.5%
10–14
9.2%
15–19
7.5%
20–24
8.2%
25–34
14.3%
35–44
11.9%
45–54
11.2%
55–64
5.6%
65–74
4.4%
75–84
7.9%
85+
4.7%
Under 18: 25.7% Working age (18–64): 74.3% 65 and over: 15.5%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Social Characteristics

Immigration

Foreign Born 2.2%
Naturalized Citizen 59.9%
Speaks English Less Than Very Well 1.1%
Foreign-Born Origin
Asia
49.6%
Europe
40.7%
Latin America
8.1%

Veterans & Disability

Veteran 5.3%
With a Disability 15.2%
Cognitive Difficulty
Ambulatory Difficulty

Health Insurance

Insured 96.4%
Uninsured 3.6%
Employer Insurance
Medicaid
Medicare

Technology & Mobility

Broadband Internet 88.6%
Has a Computer 91.5%
Same House 1 Year Ago 84.5%
Moved from Abroad 0.3%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

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