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CITY · 2020 ACS

Franklin

Tennessee · 83,454 residents · 44.527 sq mi
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The short version

Franklin is significantly wealthier than the US average, with a median household income of $100,169. The city has grown rapidly, with population up 99% since 2000. 63% of adults hold a bachelor's degree or higher, well above the national rate of 33%. Median home value has more than doubled since 2000, reaching $438,800. Households here earn about 83% more than the Tennessee median.

At a glance
Wealthier
above the US median
US median: $66,278
Mid-age
median age 38.4
US median: 38.8
More educated
63% hold a bachelor's degree
US average: 33%
Less affordable
home values up 63%, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
83,454
+99%since 2000
from 41,842 in 2000
1990 – 2025
Population density
1,874 / sq mi
+99%since 2000
from 940 / sq mi in 2000
US average: 280
Median age
38.4
+16%since 2000
from 33.0 in 2000
US average: 38.8
Population, 1990 – 2024
13K34K54K74K94K1990201020202024Franklin
202487K
1990201020202024
Section 02

Income & economy

Median household income
$100,169
+18%inflation adjusted, since 2000
from $56,431 in 2000
US average: $66,278
1990 – 2024
Per capita income
$48,111
+76%since 2000
from $27,276 in 2000
US average: $35,364
Households earning $100K+
62.5%
+11.5 ptssince 2009
from 51.0% in 2009
US average: 43.9%
Poverty rate
7.1%
+0.4 ptssince 2000
from 6.7% in 2000
US average: 12.8%
Workforce by industry, 2020
Information11.4%
US avg: 11.1%
Other services10.6%
US avg: 6.6%
Public administration8.2%
US avg: 4.7%
Retail trade6.4%
US avg: 10%
Wholesale trade4.1%
US avg: 6.7%
Arts, entertainment, food2.7%
US avg: 2%
Finance & insurance2.4%
US avg: 5.5%
Transportation & warehousing2.3%
US avg: 2.5%
Professional, scientific, technical2.2%
US avg: 4.7%
Agriculture, forestry, fishing0.9%
US avg: 1.7%
Construction0.6%
US avg: 1.2%
Manufacturing0.2%
US avg: 0.5%
Education & health services0.2%
US avg: 0.8%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$438,800
+63%inflation adjusted, since 2000
from $179,500 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$1,553
+36%inflation adjusted, since 2000
from $758 in 2000
US average: $1,124
Owner-occupied
63.3%
−0.2 ptssince 2000
from 63.5% in 2000
36.7% rent
Afford Score
4.4
+38%since 2000
from 3.2 in 2000
1990 – 2024
RELATED:See current rent listings in Franklin on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic82.2%(34,377)
Black10.3%(4,316)
Hispanic / Latino4.8%(2,025)
Asian1.6%(663)
Other0%
Diversity Score37%(15,499)
2020
White, non-Hispanic75%(62,607)
Black5.2%(4,304)
Hispanic / Latino8%(6,688)
Asian7.7%(6,395)
Other2.9%(2,422)
Diversity Score50.8%(42,430)
Diversity Score
51
+37%since 2000
from 37 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
62.6%
+20.3 ptssince 2000
from 42.3% in 2000
US average: 32.9%
High school or higher
94.9%
+5.6 ptssince 2000
from 89.3% in 2000
US average: 88.5%
Graduate degree
23.9%
+13.1 ptssince 2000
from 10.8% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
25.2 min
+76%since 2000
from 14.4 min in 2000
US average: 26.9
Drive alone to work
76.0%
−2.6 ptssince 2009
from 78.7% in 2009
US average: 75.1%
No vehicle available
3.2%
−0.2 ptssince 2009
from 3.4% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
3.1%
−2.0 ptssince 2011
from 5.1% in 2011
US average: 5.4%
Labor force participation
70.0%
−0.9 ptssince 2011
from 70.9% in 2011
US average: 63.4%
Management & professional
57.1%
−14.4 ptssince 2009
from 71.5% in 2009
US average: 39.3%
Section 08

People & community

Male
47.9%
−0.4 ptssince 2009
from 48.2% in 2009
Female
52.1%
+0.4 ptssince 2009
from 51.8% in 2009
Foreign born
12.2%
+4.2 ptssince 2009
from 8.1% in 2009
US average: 13.5%
Uninsured
6.1%
−85.7 ptssince 2013
from 91.8% in 2013
US average: 8.8%
Drill deeper

Places similar to Franklin

Mansfield
Pop 84,444
Roswell
Pop 91,505
Arlington Heights
Pop 76,216
Alafaya
Pop 92,449
Places similar to Franklin
Head to head

Compare Franklin to nearby cities

FRANKLIN VS
Brentwood
Income$182,088+82%
Home value$1,031,300+135%
Population45,313−50%
SEE FULL COMPARISON →
FRANKLIN VS
Thompson's Station
Income$132,647+32%
Home value$700,500+60%
Population9,469−90%
SEE FULL COMPARISON →
FRANKLIN VS
Nolensville
Income$177,148+77%
Home value$777,800+77%
Population15,789−83%
SEE FULL COMPARISON →
FRANKLIN VS
Spring Hill
Income$112,013+12%
Home value$493,800+13%
Population61,336−32%
SEE FULL COMPARISON →
Frequently asked

How many people live in Franklin, Tennessee?

Franklin, Tennessee has about 83,454 residents according to the 2020 American Community Survey.

What is the median household income in Franklin, Tennessee?

The typical household in Franklin, Tennessee earns about $100,169 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 $438,800, and the typical rent is about $1,553 a month.

How educated are people in Franklin, Tennessee?

About 62.6% 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 7.1% 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 63,356 residents, a change of about 315 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 →