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
$37,993
2023
$54,688
Total change
+$16,695
% change
+43.9%
| Year | Median Household Income | Change |
|---|---|---|
| 2017 | $37,993 | — |
| 2019 | $47,730 | +$9,737 (25.6%) |
| 2020 | $54,904 | +$7,174 (15%) |
| 2021 | $48,625 | $6,279 (-11.4%) |
| 2022 | $49,063 | +$438 (0.9%) |
| 2023 | $54,688 | +$5,625 (11.5%) |