Franklin, AL demographics:
population, income, and more
Franklin population
How many people live in Franklin
Franklin is home to 981 residents, according to the most recent Census data. Gender-wise, 48.7% of Franklin locals are male, and 51.3% are female.
Age demographics
The median age in Franklin is 52, with the population distributed as follows: about 8.3% are children under 15, then 22.5% are in the 15 to 24 age group. Adults between 25 and 44 make up 9.6% of the population, while another 23.8% fall into the 45 to 64 bracket. Finally, around 35.9% are 65 or older.
Racial makeup
In Franklin, 94.8% of the population are US-born citizens, while 5.2% have gained naturalized citizenship. There’s also a share of 11.5% that includes residents with two or more races.
Households in Franklin
A peek inside Franklin households
Franklin has 418 households, with an average of 2 members in each. Of these, 56.2% are families, while the remaining 43.8% are made up of individuals living alone or with non-relatives, such as roommates.
Households stats
Housing in Franklin
The housing landscape of Franklin
Franklin's housing consists of 528 units, with 50.6% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 0.2% and offer a more compact, shared living style. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 49.2% of the housing landscape.
The age of buildings in Franklin
In Franklin, the median construction year is 1992. About 5.7% of homes were built before the 1940s, with another 2.3% going up by 1949. Most development happened in the second half of the 20th century. Then, 8.1% of homes were added from 2000 to 2009, 3.4% between 2010 and 2019, and 1.5% are part of the newest wave of development.
Franklin occupancy rates
Out of the 418 occupied housing units in Franklin, 81.8% are owner-occupied, while 18.2% are lived in by tenants. Meanwhile, 20.8% of all homes on the local market sit vacant.
Franklin housing costs
Housing costs in Franklin come to a median of $813 per month, while tenants specifically pay a median gross rent of $746.
Education in Franklin
Franklin education at a glance
About 47.9% of the population in Franklin went to high school, while 11.4% pursued college studies. Another 6.8% earned an associate degree and 10.2% hold a bachelor’s. Meanwhile, 22.4% went even further, earning a master’s or doctorate.
Income in Franklin
How much people earn in Franklin
The average annual household income in Franklin was $102,626 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +21.3% change from the previous year. At the same time, the median income stood at $85,817, reflecting a +2.8% shift over the same period.
Franklin income by age
Overall, 82.7% of the locals in this community live above the poverty line.
Employment in Franklin
Workforce and job types in Franklin
The job market in Franklin is powered by 404 working residents, spread across a range of industries and roles. 79% of the working population are employed in professional or administrative positions, while 21% are in hands-on or service-based jobs. Also, 30.9% run their own businesses, 38.1% are employed by private companies, and 23.3% work in the public sector.
Workforce demographics
Available workforce
The unemployment rate in Franklin stands at 18%, representing the share of the workforce currently without a job and actively looking for one.
Transportation in Franklin
How people get around in Franklin
What is the median and average household income in Franklin by zipcode?
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FAQs about Franklin demographics
What is the total population of Franklin?
What is the gender ratio in Franklin?
- 48.7% males (478 residents)
- 51.3% females (503 residents)
What is the median age in Franklin?
What is the age distribution of the population in Franklin?
- Under 15: 8.3% (81 residents)
- Ages 15-24: 22.5% (221 residents)
- Ages 25-44: 9.6% (94 residents)
- Ages 45-64: 23.8% (233 residents)
- Over 65: 35.9% (352 residents)
What is the racial and ethnic makeup of Franklin?
- White: 18% (177 residents)
- Black or African American: 69.5% (682 residents)
- American Indian and Alaska Native: 0% (0 residents)
- Asian: 0% (0 residents)
- Native Hawaiian and Other Pacific Islander: 0% (0 residents)
- Two or More Races: 11.5% (113 residents)
- Other: 0.9% (9 residents)
What percentage of the population in Franklin are U.S.-born citizens?
How many housing units are there in Franklin?
How many households are in Franklin and what is the average household size?
What is the median household income in Franklin?
What is the employment rate and job market overview for Franklin?
Job types:
- White-collar workers: 79% (319 residents)
- Blue-collar workers: 21% (85 residents)
Places of employment:
- Self-employed: 30.9% (125 residents)
- Private companies: 38.1% (154 residents)
- Governmental workers: 23.3% (94 residents)
- Not-for-profit companies: 7.7% (31 residents)
Data source & methodology
The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.
The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.
No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.