Franklin, CT demographics:
population, income, and more

Total population
2,003
4.1% year-over-year change
Median household income
$105,000/yr
4.8% year-over-year change
Housing units
734
-2.6% year-over-year change

Franklin population

How many people live in Franklin

Franklin is home to 2,003 residents, according to the most recent Census data. Gender-wise, 47.6% of Franklin locals are male, and 52.5% are female.

Total population
2,003
4.1% year-over-year change
Gender ratio
Male
47.6%
953
Female
52.5%
1,051
Value Percent YoY change
Male 953 47.6% -0.8%
Female 1,051 52.5% 9.0%
A higher population often means more rental variety and livelier areas. The gender balance—how many men live here compared to women—can reveal a lot about the community and the lifestyles of its residents. Use this info to get a sense of the area's pace and personality.

Age demographics

The median age in Franklin is 40, with the population distributed as follows: about 22.8% are children under 15, then 9.3% are in the 15 to 24 age group. Adults between 25 and 44 make up 23.6% of the population, while another 27% fall into the 45 to 64 bracket. Finally, around 17.4% are 65 or older.

Median age
40.3
Age breakdown
Under 15
22.8%
15 to 24
9.3%
25 to 44
23.6%
45 to 64
27%
Over 65
17.4%
Value Percent YoY change
Under 15 456 22.8% 11.5%
15 to 24 187 9.3% 3.9%
25 to 44 472 23.6% 9.5%
45 to 64 541 27% -3.9%
Over 65 348 17.4% 1.8%
The age composition helps you get insight into who lives in the area. A younger population might mean a more active, fast-paced vibe, while an older one could suggest a quieter, slower lifestyle. If there's a balanced makeup, you’re likely to find a variety of services, housing types, and community spaces that cater to different life stages.

Racial makeup

In Franklin, 96.9% of the population are US-born citizens, while 2.8% have gained naturalized citizenship. At the same time, 0.2% of residents are non-citizens. As for race, 78.5% of locals are Caucasian, 6.1% are African American and 0.3% have Asian roots. There’s also a share of 14.1% that includes residents with two or more races.

Citizenship
U.S.-born citizens
96.9%
Non-U.S.-born citizens
2.8%
Non-citizens
0.2%
Value Percent YoY change
U.S.-born citizens 1,941 96.9% 3.6%
Non-U.S.-born citizens 57 2.8% 35.7%
Non-citizens 5 0.2% -44.4%
Racial breakdown
White
78.5%
Black or African American
6.1%
American Indian and Alaska Native
0.2%
Asian
0.3%
Native Hawaiian and other Pacific Islander
0%
Two or more races
14.1%
Other
0.8%
Value Percent
White 1,572 78.5%
Black or African American 122 6.1%
American Indian and Alaska Native 4 0.2%
Asian 6 0.3%
Two or more races 282 14.1%
Other 17 0.8%

Households in Franklin

A peek inside Franklin households

Franklin has 716 households, with an average of 3 members in each. Of these, 72.2% are families, while the remaining 27.8% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
716
-1.2% year-over-year change
Average people per household
3
Non-family households
199
Family households
517
Value Percent YoY change
Non-family households 199 27.8% -4.3%
Family households 517 72.2% 0.0%
The mix between family and non-family households gives a glimpse into daily life. A higher percentage of families might mean more parks and schools, while more non-family setups can mean flexible housing and diverse living styles. For renters, this can signal what kinds of homes are common and can help you figure out if the area matches your lifestyle.

Housing in Franklin

The housing landscape of Franklin

Franklin's housing consists of 734 units, with 90.5% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 0.8% 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 2.4% of the housing landscape.

Housing units
734
-2.6% year-over-year change
Housing types
Value Percent
1 unit, detached 664 90.5%
1 unit, attached 6 0.8%
2 units 3 0.4%
3 or 4 units 2 0.3%
20 to 49 units 41 5.6%
Mobile home 18 2.4%
Homes built since 2020
11
57.1% year-over-year change

The age of buildings in Franklin

In Franklin, the median construction year is 1973. About 10.2% of homes were built before the 1940s, with another 4.5% going up by 1949. Most development happened in the second half of the 20th century. Then, 8.2% of homes were added from 2000 to 2009, 4.5% between 2010 and 2019, and 1.5% are part of the newest wave of development.

Construction year breakdown by decade
Value Percent YoY change
Built in 1939 or earlier 75 10.2% -13.8%
Built between 1940 and 1949 33 4.5% 37.5%
Built between 1950 and 1959 93 12.7% 5.7%
Built between 1960 and 1969 137 18.7% -7.4%
Built between 1970 and 1979 115 15.7% 9.5%
Built between 1980 and 1989 102 13.9% -6.4%
Built between 1990 and 1999 75 10.2% -19.4%
Built between 2000 and 2009 60 8.2% 13.2%
Built between 2010 and 2019 33 4.5% -17.5%
Built in 2020 or later 11 1.5% 57.1%
As a renter, knowing when homes were built helps you understand the potential condition and design of rental units. Newer builds may have more contemporary layouts, while older homes can offer character or larger lots, depending on the area.

Franklin occupancy rates

Out of the 716 occupied housing units in Franklin, 84.1% are owner-occupied, while 15.9% are lived in by tenants. Meanwhile, 2.5% of all homes on the local market sit vacant.

Occupied housing units
716
-1.2% year-over-year change
Occupancy breakdown
Renter occupied
114
Owner occupied
602
Value Percent YoY
change
Renter occupied 114 15.9% 9.6%
Owner occupied 602 84.1% -3.1%
Unoccupied housing units
2.5%
Unoccupied housing units refer to homes that are currently without residents—whether they're waiting for renters or owners, used seasonally, or simply unclaimed. A higher share of empty homes may mean more housing availability, while a low number can reflect a tighter market with more competition. This, along with the renter-vs.-owner mix, helps paint a clearer picture of what types of housing and services are likely to be available in the area.

Franklin housing costs

Housing costs in Franklin come to a median of $1,323 per month, while tenants specifically pay a median gross rent of $767.

Median housing costs per month
$1,323/month
This figure sums up typical monthly housing costs for all households in the area. If you own, it includes mortgage payments in addition to property taxes, insurance and HOA fees. If you rent, it accounts for rent plus extras like utilities. It’s useful for seeing how local living expenses stack up compared to other places.
Median gross rent in Franklin
$767/month
Gross rent gives a more complete look at what renters actually pay, including not just base rent, but also utilities and fees. It’s a key number for evaluating rental affordability in your area of interest and understanding how it compares to nearby locations.

Education in Franklin

Franklin education at a glance

About 42.3% of the population in Franklin went to high school, while 22.6% pursued college studies. Another 8% earned an associate degree and 14.1% hold a bachelor’s. Meanwhile, 12.7% went even further, earning a master’s or doctorate.

Education level
Value Percent YoY change
No high school 6 0.4% -45.5%
High school diploma 617 42.3% 2.7%
College diploma 329 22.6% 7.9%
Associate degree 116 8% 13.7%
Bachelor's degree 205 14.1% -5.1%
Graduate degree 185 12.7% 0.0%
A community’s education mix can offer insights into the local economy and housing market. Higher levels of education often align with more job opportunities and stable incomes, which can increase demand for homes and influence both rent prices and rental availability.

Income in Franklin

How much people earn in Franklin

The average annual household income in Franklin was $123,803 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +7.2% change from the previous year. At the same time, the median income stood at $105,000, reflecting a +4.8% shift over the same period.

Average household income in Franklin
$123,803/year
7.2% year-over-year change
Median household income in Franklin
$105,000/year
4.8% year-over-year change

Franklin income by age

In Franklin, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $113,289. Those with someone between 45 and 64 in charge, often well established professionally, earn $144,750 overall. Overall, 91.3% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
25 - 44 $113,289 -1.5%
45 - 64 $144,750 23.7%
Over 65 $59,250 8.6%
Above poverty level
1,798
Below poverty level
171
Value Percent YoY
change
Above poverty level 1,798 91.3% 3.5%
Below poverty level 171 8.7% 11.0%

Employment in Franklin

Workforce and job types in Franklin

78.9% of the working population are employed in professional or administrative positions, while 21.1% are in hands-on or service-based jobs. Also, 8.6% run their own businesses, 56.7% are employed by private companies, and 26.8% work in the public sector.

Workforce demographics

White collar
740
Blue collar
198
Value Percent YoY change
White collar 740 78.9% -1.3%
Blue collar 198 21.1% 5.3%
Employer type
Self employees
8.6%
Private companies
56.7%
Governmental workers
26.8%
Not for profit companies
7.9%
Value Percent YoY change
Self employees 81 8.6% -9.0%
Private companies 532 56.7% -0.6%
Governmental workers 251 26.8% 0.4%
Not for profit companies 74 7.9% 15.6%

Transportation in Franklin

How people get around in Franklin

Commuting methods vary: 97.5% of residents travel by personal vehicle and 1.7% prefer to walk, while the remaining share relies on public transit or on two wheelers to get from A to B.

Means of transportation
Value Percent YoY change
Car 845 97.5% -0.7%
Ferryboat 3 0.4% 0.0%
Motorcycle 4 0.5% 0.0%
Walk 15 1.7% -25.0%
Understanding how locals get to work can help you plan your own routine. High car usage might mean you’ll need a vehicle, while strong public transit or walkability could save you the hassle. Commute times also play a big role in quality of life—shorter trips can give you more time for the things you enjoy.

What is the median and average household income in Franklin by zipcode?

Zipcode Population Number of households Median income Average income
06254 2,004 716 $105,000 $125,332

Find your place

Explore more communities

FAQs about Franklin demographics 

What is the total population of Franklin?

Franklin has a total population of 2,003 residents, according to the latest release from the U.S. Census Bureau: the 2019-2023 American Community Survey (ACS) 5-year estimates. This figure changed by +4.1% compared to a year ago.

What is the gender ratio in Franklin?

The gender ratio in Franklin is as follows:
  • 47.6% males (953 residents)
  • 52.5% females (1,051 residents)

What is the median age in Franklin?

The median age in Franklin is 40.3.

What is the age distribution of the population in Franklin?

The age distribution in Franklin is as follows:
  • Under 15: 22.8% (456 residents)
  • Ages 15-24: 9.3% (187 residents)
  • Ages 25-44: 23.6% (472 residents)
  • Ages 45-64: 27% (541 residents)
  • Over 65: 17.4% (348 residents)

What is the racial and ethnic makeup of Franklin?

The racial and ethnic makeup of Franklin is as follows:
  • White: 78.5% (1,572 residents)
  • Black or African American: 6.1% (122 residents)
  • American Indian and Alaska Native: 0.2% (4 residents)
  • Asian: 0.3% (6 residents)
  • Native Hawaiian and Other Pacific Islander: 0% ( residents)
  • Two or More Races: 14.1% (282 residents)
  • Other: 0.8% (17 residents)

What percentage of the population in Franklin are U.S.-born citizens?

U.S.-born citizens represent 96.9% of the population in Franklin.

How many housing units are there in Franklin?

There are 734 housing units in Franklin, reflecting a -2.6% change compared to the previous year, according to the latest data from the U.S. Census Bureau.

How many households are in Franklin and what is the average household size?

Franklin has a total of 716 households, with an average of 3 people in each.

What is the median household income in Franklin?

Franklin has a median household income of $105,000, representing a +4.8% shift from the previous year, according to the U.S. Census Bureau.

What is the job market overview for Franklin?

Here’s a detailed breakdown of the local job market:

Job types:
  • White-collar workers: 78.9% (740 residents)
  • Blue-collar workers: 21.1% (198 residents)

Places of employment:
  • Self-employed: 8.6% (81 residents)
  • Private companies: 56.7% (532 residents)
  • Governmental workers: 26.8% (251 residents)
  • Not-for-profit companies: 7.9% (74 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.

Page last updated: September 2025