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CITY · 2020 ACS

Franklin

Kentucky · 10,176 residents · 14.896 sq mi
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Franklin has notably lower household income than the US average, with a median household income of $45,983. Population has grown 27% since 2000. 11% of adults hold a bachelor's degree or higher, below the national rate of 33%. Median home value has risen by half since 2000, reaching $120,900.

At a glance
Lower income
below the US median
US median: $66,278
Mid-age
median age 37.5
US median: 38.8
Less educated
11% hold a bachelor's degree
US average: 33%
Stable housing
home values roughly flat, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
10,176
+27%since 2000
from 7,996 in 2000
1990 – 2025
Population density
683 / sq mi
+27%since 2000
from 537 / sq mi in 2000
US average: 280
Median age
37.5
+4%since 2000
from 36.0 in 2000
US average: 38.8
Population, 1990 – 2024
7K8K9K10K11K1990201020202024Franklin
202410K
1990201020202024
Section 02

Income & economy

Median household income
$45,983
−4%inflation adjusted, since 2000
from $32,001 in 2000
US average: $66,278
1990 – 2024
Per capita income
$19,834
+20%since 2000
from $16,467 in 2000
US average: $35,364
Households earning $100K+
21.3%
+9.5 ptssince 2009
from 11.9% in 2009
US average: 43.9%
Poverty rate
14.9%
+1.1 ptssince 2000
from 13.7% in 2000
US average: 12.8%
Workforce by industry, 2020
Retail trade31%
US avg: 10%
Information13.3%
US avg: 11.1%
Wholesale trade4.6%
US avg: 6.7%
Transportation & warehousing4.6%
US avg: 2.5%
Finance & insurance2.6%
US avg: 5.5%
Professional, scientific, technical2.6%
US avg: 4.7%
Other services2.2%
US avg: 6.6%
Public administration1.9%
US avg: 4.7%
Arts, entertainment, food1.9%
US avg: 2%
Agriculture, forestry, fishing1.2%
US avg: 1.7%
Construction1.2%
US avg: 1.2%
Manufacturing0%
US avg: 0.5%
Education & health services0%
US avg: 0.8%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$120,900
+10%inflation adjusted, since 2000
from $73,300 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$822
+14%inflation adjusted, since 2000
from $478 in 2000
US average: $1,124
Owner-occupied
52.0%
−13.6 ptssince 2000
from 65.6% in 2000
48.0% rent
Afford Score
2.6
+15%since 2000
from 2.3 in 2000
1990 – 2024
RELATED:See current rent listings in Franklin on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic80.6%(6,441)
Black16.7%(1,335)
Hispanic / Latino0.8%(65)
Asian0.8%(61)
Other0%
Diversity Score38.4%(3,068)
2020
White, non-Hispanic76.7%(7,805)
Black12.7%(1,289)
Hispanic / Latino3.8%(390)
Asian0.7%(68)
Other3.3%(340)
Diversity Score44.7%(4,550)
Diversity Score
45
+17%since 2000
from 38 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
11.5%
+0.6 ptssince 2000
from 10.9% in 2000
US average: 32.9%
High school or higher
85.4%
+17.1 ptssince 2000
from 68.3% in 2000
US average: 88.5%
Graduate degree
3.6%
−2.2 ptssince 2000
from 5.8% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
17.5 min
+29%since 2000
from 13.6 min in 2000
US average: 26.9
Drive alone to work
86.1%
−1.8 ptssince 2009
from 88.0% in 2009
US average: 75.1%
No vehicle available
3.1%
−7.4 ptssince 2009
from 10.5% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
7.8%
−5.2 ptssince 2011
from 13.1% in 2011
US average: 5.4%
Labor force participation
55.3%
−2.8 ptssince 2011
from 58.2% in 2011
US average: 63.4%
Management & professional
21.9%
−38.4 ptssince 2009
from 60.3% in 2009
US average: 39.3%
Section 08

People & community

Male
48.6%
+4.2 ptssince 2009
from 44.4% in 2009
Female
51.4%
−4.2 ptssince 2009
from 55.6% in 2009
Foreign born
2.4%
+1.8 ptssince 2009
from 0.7% in 2009
US average: 13.5%
Uninsured
9.2%
−71.2 ptssince 2013
from 80.4% in 2013
US average: 8.8%
Drill deeper

Places similar to Franklin

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Pop 10,145
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Pop 12,788
Hudson
Pop 11,254
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Compare Franklin to nearby cities

FRANKLIN VS
Portland
Income$72,647+58%
Home value$282,200+133%
Population13,658+27%
SEE FULL COMPARISON →
FRANKLIN VS
White House
Income$90,019+96%
Home value$344,800+185%
Population17,872+66%
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FRANKLIN VS
Bowling Green
Income$48,873+6%
Home value$241,900+100%
Population78,505+630%
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FRANKLIN VS
Springfield
Income$59,465+29%
Home value$253,600+110%
Population20,090+87%
SEE FULL COMPARISON →
Frequently asked

How many people live in Franklin, Kentucky?

Franklin, Kentucky has about 10,176 residents according to the 2020 American Community Survey.

What is the median household income in Franklin, Kentucky?

The typical household in Franklin, Kentucky earns about $45,983 a year. Half of households make more than that, and half make less.

Is Franklin, Kentucky expensive?

In Franklin, Kentucky, the median home is worth about $120,900, and the typical rent is about $822 a month.

How educated are people in Franklin, Kentucky?

About 11.5% of adults age 25 and over in Franklin, Kentucky hold a bachelor's degree or higher.

What is the poverty rate in Franklin, Kentucky?

About 14.9% of people in Franklin, Kentucky live below the federal poverty line.

Has Franklin, Kentucky grown since 1990?

Yes, Franklin, Kentucky has grown since 1990. The population has added about 2,569 residents, a change of about 34 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

How we source and harmonize this data →