Franklin is a metro area of 19,972 people. Four-year degrees are less common here than nationally, at 19% of adults. The foreign-born share is 2%. The typical home is worth $229,400, having roughly tripled since 2000. The population is up 22% since 2000. The median household earns $59,858, about 27% below the national median.
At a glance
Lower income
median household income $59,858, below the US median
US median: $82,259
Mid-age
median age 38.8
US median: 38.9
Less educated
19% hold a bachelor's degree
US average: 36%
Less affordable
home values up 55%, inflation adjusted
US median home: $376,019
Unique to this place
What stands out about Franklin
What changed most since 1990
White share88.0% → 83.9%(−4.1 pts)US over the same years: −17.8 pts
Median home value (2024 dollars)$108,723 → $229,400(+111%)US over the same years: +67%
Hispanic share0.4% → 3.6%(+3.2 pts)US over the same years: +9.9 pts
Among the 21 metro and micro areas based in Kentucky
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)21.3%(251)
US avg: 26.4%
Gulf War (1990s)26.8%(316)
US avg: 24.3%
Vietnam era35.2%(414)
US avg: 33.1%
Korean War1.4%(17)
US avg: 4.5%
World War II0%(0)
US avg: 1%
Share of the 1,177 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
15,145
$52,305
$108,723
8.8%
26.6
2000
16,405
$66,367
$147,736
11.9%
28.5
2010
17,327
$59,446
$163,566
15.6%
30.9
2020
19,594
$60,795
$171,382
12.0%
38.5
2024
19,972
$59,858
$229,400
18.8%
35.9
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.
