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Franklin city: Median Household Income Trend

How Franklin city's median household income changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.

2017
$37,850
2023
$46,278
Total change
+$8,428
% change
+22.3%
Year Median Household Income Change
2017 $37,850
2019 $40,094 +$2,244 (5.9%)
2020 $39,194 $900 (-2.2%)
2021 $33,390 $5,804 (-14.8%)
2022 $39,068 +$5,678 (17%)
2023 $46,278 +$7,210 (18.5%)

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