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 $108,342 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
- What is the poverty rate in Franklin city?
- The poverty rate in Franklin city is 4.9% (U.S. Census Bureau ACS 2023).
- What is the median home value in Franklin city?
- $343,400 (U.S. Census Bureau ACS 2023).
- What is the average rent in Franklin city?
- The median gross rent in Franklin city is $1,325 per month (U.S. Census Bureau ACS 2023).
- What percentage of Franklin city residents have a college degree?
- 45.4% of adults in Franklin city hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
35,751
Median Income
$108,342
Median Home Value
$343,400
Poverty Rate
4.9%
Unemployment (ACS 2023)
3.6%
Median Age
43.0 yrs
Since 2019
Median Income:
+$25,773 (+31.2%)
Home Value:
+$92,000 (+36.6%)
Poverty Rate:
+3.4 pp (+226.7%)
Bachelor's+:
+4.4 pp (+10.7%)
Unemployment:
+0.2 pp (+5.9%)
Demographics
Total Population
35,751
Median Age
43.0
Female
50.6%
Race & Ethnicity
Hispanic or Latino 6.1%
White (non-Hisp.) 82.0%
Black 2.9%
Asian 5.6%
Two or More 5.1%
Other 1.8%
Asian Subgroups (% of total pop.)
Indian
3.0%
Vietnamese
1.0%
Chinese
0.4%
Filipino
0.2%
Korean
0.2%
Hispanic Subgroups (% of total pop.)
Mexican
4.6%
Puerto Rican
1.1%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Income & Poverty
Median Household Income
$108,342
±$6,756
+$32,672 vs. state
Per Capita Income
$139,017
Median Family Income
$136,338
Poverty Rate
4.9%
-1.7 pp vs. state
Child Poverty Rate
6.8%
Working-Age Poverty Rate
—
SNAP Recipients
4.8%
Social Security Income
—
Retirement Income
30.4%
Household Income Distribution
< $10k
4.4%
$10–15k
2.0%
$15–25k
4.8%
$25–35k
5.5%
$35–50k
4.8%
$50–75k
12.8%
$75–100k
13.2%
$100–150k
20.4%
$150–200k
14.8%
$200k+
17.2%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Housing
Total Housing Units
14,433
Owner-Occupied
77.8%
Renter-Occupied
22.2%
Vacancy Rate
2.6%
Median Home Value
$343,400
+$96,000 vs. state
Median Gross Rent
$1,325
Owner Cost Burden (30%+)
14.8%
Renter Cost Burden (30%+)
46.6%
Home Value Distribution
< $50k
1.7%
$50–100k
0.3%
$100–200k
1.5%
$200–300k
25.4%
$300–500k
46.3%
$500k–$1M
15.6%
$1M+
1.5%
Gross Rent Distribution
< $500
5.5%
$500–1k
22.3%
$1–1.5k
32.9%
$1.5–2k
27.6%
$2–2.5k
10.2%
$2.5–3.5k
1.5%
Vehicle Availability
No vehicle
4.1%
1 vehicle
28.7%
2 vehicles
43.6%
3+
23.6%
Housing Type
Single-fam. det.
62.5%
Single-fam. att.
9.1%
2–4 units
2.9%
5–19 units
7.9%
20+ units
10.7%
Mobile home
0.7%
Housing Age
Pre-1940
3.0%
1940–1969
1.3%
1970–1999
15.1%
2000–2009
19.6%
2010+
6.6%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Education
High School or Higher
94.6%
Bachelor's or Higher
45.4%
+12.6 pp vs. state
Graduate Degree
15.6%
Some College / Associate
16.5%
Less Than High School
1.2%
Enrolled in School
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Employment
Labor Force Participation
62.8%
Unemployment Rate
3.6%
+0.3 pp vs. state
Work from Home
15.6%
Self-Employed
3.8%
Government Workers
11.0%
Private For-Profit
84.7%
Industry
Edu/Health
23.2%
Manufacturing
17.6%
Prof. Services
12.0%
Retail
10.6%
Finance
9.6%
Transportation
6.1%
Construction
4.7%
Arts/Entmt.
4.0%
Public Admin
3.5%
Wholesale
2.3%
Information
1.2%
Agriculture
0.2%
Occupation
Management
50.9%
Sales
22.8%
Production
10.8%
Food Prep
9.2%
Construction
6.3%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Commute
Median Travel Time
24.5 min
Drove Alone
75.4%
Carpool
7.8%
Public Transit
0.0%
Work from Home
15.6%
Walked
0.4%
Bicycle
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Households & Families
Total Households
14,062
Avg. Household Size
2.00
Avg. Family Size
—
Married-Couple Households
60.6%
Single-Mother Households
—
Single-Father Households
—
Living Alone
—
Households with Children
22.6%
Multigenerational
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Age Distribution
Under 5
5.4%
5–9
5.7%
10–14
7.5%
15–19
4.9%
20–24
4.3%
25–34
9.3%
35–44
15.5%
45–54
12.9%
55–64
8.6%
65–74
7.1%
75–84
10.3%
85+
5.9%
Under 18: 22.3%
Working age (18–64): 77.7%
65 and over: 18.7%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Social Characteristics
Immigration
Foreign Born
7.7%
Naturalized Citizen
62.8%
Speaks English Less Than Very Well
3.7%
Foreign-Born Origin
Asia
56.7%
Latin America
18.8%
Europe
15.9%
Africa
6.0%
Veterans & Disability
Veteran
6.3%
With a Disability
9.6%
Cognitive Difficulty
—
Ambulatory Difficulty
—
Health Insurance
Insured
96.5%
Uninsured
3.5%
Employer Insurance
—
Medicaid
—
Medicare
—
Technology & Mobility
Broadband Internet
90.3%
Has a Computer
93.9%
Same House 1 Year Ago
91.6%
Moved from Abroad
0.2%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023