Franklin
Franklin is significantly wealthier than the US average, with a median household income of $119,528. The city has more than doubled in size since 2000, adding 45,291 residents. 64% of adults hold a bachelor's degree or higher, well above the national rate of 36%. Median home value has more than tripled since 2000, reaching $705,400. Poverty is rare here, at 4.6% of residents. It ranks in the top 5% of US cities for household income.
Population & growth
PEP 2025 EST:90,226 residents (Census Bureau Vintage 2025, released March 2026)
Income & economy
Housing
Race & ethnicity
Detailed origins & ancestry
+ 6 more hispanic origin groups with data
+ 33 more ancestry groups with data
Education
Commute & transportation
Work & employment
People & community
Places similar to Franklin
Compare Franklin to nearby cities
How many people live in Franklin, Tennessee?
Franklin, Tennessee has about 87,133 residents according to the 2024 American Community Survey.
What is the median household income in Franklin, Tennessee?
The typical household in Franklin, Tennessee earns about $119,528 a year. Half of households make more than that, and half make less.
Is Franklin, Tennessee expensive?
In Franklin, Tennessee, the median home is worth about $705,400, and the typical rent is about $1,923 a month.
How educated are people in Franklin, Tennessee?
About 64.5% of adults age 25 and over in Franklin, Tennessee hold a bachelor's degree or higher.
What is the poverty rate in Franklin, Tennessee?
About 4.6% of people in Franklin, Tennessee live below the federal poverty line.
Has Franklin, Tennessee grown since 1990?
Yes, Franklin, Tennessee has grown since 1990. The population has added about 67,035 residents, a change of about 334 percent over that period.
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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024