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.
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 $65,125 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
- What is the poverty rate in Franklin city?
- The poverty rate in Franklin city is 10.3% (U.S. Census Bureau ACS 2023).
- What is the median home value in Franklin city?
- $227,200 (U.S. Census Bureau ACS 2023).
- What is the average rent in Franklin city?
- The median gross rent in Franklin city is $995 per month (U.S. Census Bureau ACS 2023).
- What percentage of Franklin city residents have a college degree?
- 26.4% of adults in Franklin city hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
8,212
Median Income
$65,125
Median Home Value
$227,200
Poverty Rate
10.3%
Unemployment (ACS 2023)
4.7%
Median Age
40.0 yrs
Since 2019
Median Income:
+$24,708 (+61.1%)
Home Value:
+$63,100 (+38.5%)
Poverty Rate:
+2.1 pp (+25.6%)
Bachelor's+:
+7.3 pp (+38.2%)
Unemployment:
-8.9 pp (-65.4%)
Demographics
Total Population
8,212
Median Age
40.0
Female
53.3%
Race & Ethnicity
Hispanic or Latino 3.2%
White (non-Hisp.) 37.8%
Black 51.7%
Asian 2.3%
Two or More 7.2%
Other 0.7%
Asian Subgroups (% of total pop.)
Indian
1.3%
Korean
0.7%
Filipino
0.2%
Hispanic Subgroups (% of total pop.)
Mexican
2.6%
Puerto Rican
0.3%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Income & Poverty
Median Household Income
$65,125
±$9,355
-$25,849 vs. state
Per Capita Income
$78,633
Median Family Income
$82,159
Poverty Rate
10.3%
+3.5 pp vs. state
Child Poverty Rate
18.2%
Working-Age Poverty Rate
—
SNAP Recipients
24.1%
Social Security Income
—
Retirement Income
29.8%
Household Income Distribution
< $10k
7.3%
$10–15k
3.0%
$15–25k
7.6%
$25–35k
6.6%
$35–50k
10.8%
$50–75k
21.0%
$75–100k
18.3%
$100–150k
15.6%
$150–200k
5.4%
$200k+
4.3%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Housing
Total Housing Units
3,897
Owner-Occupied
53.4%
Renter-Occupied
46.6%
Vacancy Rate
13.1%
Median Home Value
$227,200
-$133,500 vs. state
Median Gross Rent
$995
Owner Cost Burden (30%+)
19.5%
Renter Cost Burden (30%+)
37.7%
Home Value Distribution
< $50k
2.4%
$50–100k
9.4%
$100–200k
6.9%
$200–300k
42.3%
$300–500k
14.8%
$500k–$1M
2.5%
$1M+
1.5%
Gross Rent Distribution
< $500
11.0%
$500–1k
39.6%
$1–1.5k
35.9%
$1.5–2k
12.2%
$2–2.5k
0.3%
$2.5–3.5k
1.1%
Vehicle Availability
No vehicle
12.2%
1 vehicle
27.2%
2 vehicles
33.7%
3+
26.9%
Housing Type
Single-fam. det.
71.6%
Single-fam. att.
2.1%
2–4 units
7.5%
5–19 units
8.9%
20+ units
2.4%
Mobile home
0.2%
Housing Age
Pre-1940
11.2%
1940–1969
4.1%
1970–1999
9.3%
2000–2009
10.2%
2010+
3.6%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Education
High School or Higher
84.7%
Bachelor's or Higher
26.4%
-15.1 pp vs. state
Graduate Degree
10.7%
Some College / Associate
20.2%
Less Than High School
4.5%
Enrolled in School
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Employment
Labor Force Participation
60.2%
Unemployment Rate
4.7%
+0.4 pp vs. state
Work from Home
3.4%
Self-Employed
2.4%
Government Workers
21.1%
Private For-Profit
76.5%
Industry
Edu/Health
32.3%
Manufacturing
18.7%
Arts/Entmt.
10.9%
Prof. Services
8.4%
Public Admin
6.5%
Retail
6.2%
Construction
4.4%
Transportation
4.0%
Finance
2.7%
Wholesale
2.4%
Information
0.5%
Agriculture
0.1%
Occupation
Management
37.2%
Food Prep
22.9%
Production
18.3%
Sales
14.6%
Construction
7.0%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Commute
Median Travel Time
20.7 min
Drove Alone
86.0%
Carpool
3.2%
Public Transit
0.1%
Work from Home
3.4%
Walked
4.5%
Bicycle
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Households & Families
Total Households
3,388
Avg. Household Size
2.00
Avg. Family Size
—
Married-Couple Households
42.3%
Single-Mother Households
—
Single-Father Households
—
Living Alone
—
Households with Children
17.1%
Multigenerational
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Age Distribution
Under 5
7.5%
5–9
7.0%
10–14
7.8%
15–19
6.5%
20–24
3.2%
25–34
12.8%
35–44
10.5%
45–54
11.8%
55–64
6.7%
65–74
7.2%
75–84
10.4%
85+
6.9%
Under 18: 26.6%
Working age (18–64): 73.4%
65 and over: 19.0%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Social Characteristics
Immigration
Foreign Born
2.6%
Naturalized Citizen
71.6%
Speaks English Less Than Very Well
0.5%
Foreign-Born Origin
Asia
62.1%
Europe
19.9%
Latin America
9.5%
Veterans & Disability
Veteran
9.8%
With a Disability
17.4%
Cognitive Difficulty
—
Ambulatory Difficulty
—
Health Insurance
Insured
96.5%
Uninsured
3.5%
Employer Insurance
—
Medicaid
—
Medicare
—
Technology & Mobility
Broadband Internet
90.1%
Has a Computer
92.3%
Same House 1 Year Ago
85.6%
Moved from Abroad
0.0%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023