Franklin, IN Demographics
What is the population of Franklin?
There are 26,073 residents in Franklin, with a median age of 34.4. Of this, 47.03% are males and 52.97% are females. US-born citizens make up 97% of the resident pool in Franklin, while non-US-born citizens account for 2.03%. Additionally, 0.97% of the population is represented by non-citizens.
A total of 21,524 people in Franklin currently live in the same house as they did last year.
| Y-o-Y Change | ||
| Total Population | 26,073 | 3.8% |
| Male Population | 12,263 | 2.7% |
| Female Population | 13,810 | 4.8% |
Male Population 47.03%
Female Population 52.97%
| Y-o-Y Change | ||
| Median Age | 34.4 | -2.3% |
| Citizen U.S. Born | 25,290 | 3.0% |
| Citizen not U.S. Born | 529 | 22.2% |
| Not Citizen | 254 | 88.2% |
Citizen U.S. Born 97%
Citizen not U.S. Born 2.03%
Not Citizen 0.97%
| Y-o-Y Change | ||
| Moved from Abroad | 61 | 7.0% |
| Moved from Same County | 2,322 | -17.1% |
| Moved from Same State | 1,502 | 27.3% |
| Moved from Different State | 521 | -8.3% |
| Same House as Last Year | 21,524 | 6.0% |
Moved from Abroad 0.24%
Moved from Same County 8.95%
Moved from Same State 5.79%
Moved from Different State 2.01%
Same House as Last Year 83.01%
What are the employment statistics in Franklin?
White-collar workers make up 71.28% of the working population in Franklin, while blue-collar employees account for 28.72%. There are also 747 entrepreneurs in Franklin (5.93% of the workforce); 9,384 workers employed in private companies (74.54%); and 1,444 people working in governmental institutions (11.47%).
| Y-o-Y Change | ||
| White Collar | 8,973 | 4.8% |
| Blue Collar | 3,616 | 6.0% |
White Collar 71.28%
Blue Collar 28.72%
| Y-o-Y Change | ||
| Self Employees | 747 | 16.7% |
| Private Companies | 9,384 | 8.3% |
| Governmental Workers | 1,444 | -3.6% |
| Not for Profit Companies | 1,014 | -13.3% |
Self Employees 5.93%
Private Companies 74.54%
Governmental Workers 11.47%
Not for Profit Companies 8.05%
How many households are there in Franklin?
There are a total of 9,188 households in Franklin, each made up of around 3 members. Family establishments represent 67.51% of these Franklin households, while non-family units account for the remaining 32.49%. Additionally, 37.48% of households have children and 62.52% of households are without children.
| Y-o-Y Change | ||
| Total households | 9,188 | 2.2% |
| Average People per Household | 3 | N/A |
| Family Households | 6,203 | 3.4% |
| Non-Family Households | 2,985 | -0.0% |
Family Households 67.51%
Non-Family Households 32.49%
| Y-o-Y Change | ||
| Households with Children | 3,444 | 8.0% |
| Households without Children | 5,744 | -1.0% |
Households with Children 37.48%
Households without Children 62.52%
What are the median and average incomes in Franklin?
The average annual household income in Franklin is $88,989, while the median household income sits at $72,344 per year. Residents aged 25 to 44 earn $83,241, while those between 45 and 64 years old have a median wage of $90,417. In contrast, people younger than 25 and those older than 65 earn less, at $59,020 and $38,553, respectively.
| Y-o-Y Change | ||
| Average Household Income | $88,989 | 13.1% |
| Median Household Income | $72,344 | 13.9% |
| People below Poverty Level | 1 | N/A |
| People above Poverty Level | 21,875 | 4.6% |
How many homeowners and renters are there in Franklin?
There are 9,874 housing units in Franklin, and the median year in which these properties were built is 1993. Of the 9,188 occupied housing units in Franklin, 67.83% are owner-occupied, while 32.17% have renters living in them.
Meanwhile, properties bought with mortgages account for 76.56% of the units, and the median value of a home with a mortgage is $197,900. In general, housing costs reach $1,104 per month in Franklin.
| Y-o-Y Change | ||
| Housing Units | 9,874 | 2.2% |
| Median Year Built | 1993 | 0.1% |
| Built in 1939 or Earlier | 1,143 | -0.9% |
| Built between 1940 and 1949 | 288 | -7.7% |
| Built between 1950 and 1959 | 563 | 2.2% |
| Built between 1960 and 1969 | 728 | -13.6% |
| Built between 1970 and 1979 | 590 | 2.4% |
| Built between 1980 and 1989 | 940 | -6.8% |
| Built between 1990 and 1999 | 2,171 | 5.6% |
| Built between 2000 and 2009 | 2,175 | 9.5% |
| Built between 2010 and 2019 | 1,159 | 2.8% |
| Built in 2020 or Later | 117 | 125.0% |
| Y-o-Y Change | ||
| Occupied Housing Units | 9,188 | 2.2% |
| Owner Occupied | 6,232 | 8.3% |
| Renter Occupied | $2,956 | -8.6% |
Owner Occupied 67.83%
Renter Occupied 32.17%
| Y-o-Y Change | ||
| With Mortgage | 4,771 | 12.2% |
| Without Mortgage | 1,461 | -2.8% |
| Median Value with Mortgage | $197,900 | 20.2% |
| Median Value without Mortgage | $172,300 | 15.6% |
| Median Housing Costs per Month | $1,104 | 12.9% |
With Mortgage 76.56%
Without Mortgage 23.44%
What is the level of education in Franklin?
Approximately 42.87% of the population in Franklin holds a high school degree (that's 8,304 residents), while 26.43% have attained a college certificate (5,888 locals) and 12.48% have a bachelor's degree (2,417 people).
| Y-o-Y Change | ||
| No High School | 329 | 4.1% |
| Some High School | 8,304 | -2.2% |
| Some College | 5,888 | 9.6% |
| Associate Degree | 1,993 | 16.3% |
| Bachelor's Degree | 2,417 | 0.1% |
| Graduate Degree | 1,207 | 13.3% |
No High School 1.7%
Some High School 42.87%
Some College 26.43%
Associate Degree 10.29%
Bachelor's Degree 12.48%
Graduate Degree 6.23%
What is the marital status of Franklin residents?
A total of 6,678 people in Franklin have never been married (which represents 32.49% of the total population), while 9,843 of them are wedded (47.88%). Separated and divorced residents are in smaller numbers, at 130 (0.63%) and 2,627 (12.78%), respectively.
| Y-o-Y Change | ||
| Never Married | 6,678 | 6.0% |
| Married | 9,843 | 3.6% |
| Separated | 130 | 2.4% |
| Widowed | 1,409 | -4.7% |
| Divorced | 2,627 | 2,627.0% |
Never Married 32.49%
Married 47.88%
Separated 0.63%
Widowed 6.85%
Divorced 12.78%
What are the most common means of transportation in Franklin?
The top three means of transportation people in Franklin use to get to work are: car, walking and bus or trolley bus. A total of 11,362 residents commute by car, 170 prefer going to work by walking and 62 by bus or trolley bus
| Y-o-Y Change | ||
| Car | 11,362 | 4.7% |
| Bus or TrolleyBus | 62 | -23.5% |
| Motorcycle | 32 | 14.3% |
| Walk | 170 | -6.6% |
What is the median and average household income in Franklin by zipcode?
Methodology & Disclaimers
Demographic data shown in this section was gathered from the latest U.S. Census Bureau release, the 2022 American Community Survey. The information is updated yearly, as soon as new data is made available by the US Census Bureau.
No representation, guarantee or warranty is made as to the accuracy or completeness of information modified or aggregated for specific neighborhoods and/or zip codes.