Franklin is home to 87,133 people in Tennessee. This is an unusually credentialed place: 64% of adults have a four-year degree. The population has more than doubled since 2000, adding 45,291 people. Households here earn about 72% more than in Tennessee as a whole. The typical home is worth $705,400, having more than tripled since 2000. Few US cities rank higher on income.
At a glance
Wealthier
median household income $119,528, above the US median
US median: $82,259
Mid-age
median age 38.6
US median: 38.9
More educated
64% hold a bachelor's degree
US average: 36%
Less affordable
home values up 116%, inflation adjusted
US median home: $376,019
Unique to this place
What stands out about Franklin
What changed most since 1990
Population20,098 → 87,133(+334%)US over the same years: +35%
Median home value (2024 dollars)$228,487 → $705,400(+209%)US over the same years: +67%
Adults with a bachelor's degree28.7% → 64.5%(+35.7 pts)US over the same years: +15.3 pts
Franklin's population equals 33% of Williamson County's. Its number of households without a car equals 56% of the county's. Its number of foreign-born residents equals 47% of the county's.
Shares are "alone or in combination": a person with both Medicare and Medicaid counts in each, so categories overlap and do not sum to 100%.
Section 09 · Service history
Veterans
Veterans by period of service, 2024
Gulf War (2001 or later)30.4%(928)
US avg: 26.4%
Gulf War (1990s)18.6%(567)
US avg: 24.3%
Vietnam era30.5%(930)
US avg: 33.1%
Korean War7%(214)
US avg: 4.5%
World War II0.7%(20)
US avg: 1%
Share of the 3,049 veterans here. A veteran who served across eras counts in each, so shares can total more than 100%. Peacetime-only service is included in the total but not shown as an era.
BAR + DOT: THIS PLACE · TICK: US AVERAGE
Over time
Franklin, decade by decade
Franklin population, inflation-adjusted income and home value, education, and diversity by year
Year
Population
Median household income
Median home value
Bachelor's degree+
Diversity score
1990
20,098
$77,637
$228,487
28.7%
40.6
2000
41,842
$102,798
$326,987
42.3%
39.0
2010
62,487
$109,146
$444,950
53.7%
43.2
2020
83,454
$121,409
$531,843
62.6%
52.7
2024
87,133
$119,528
$705,400
64.5%
53.7
Census years come from the decennial census and the latest year from the American Community Survey, so part of any change between those two rows can reflect the different surveys. Dollar figures are adjusted for inflation to 2024 dollars; a figure ending in "+" was at the Census Bureau's reporting cap that year. The diversity score runs from 0 to 100; see how it's calculated.
