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MICROPOLITAN AREA

Franklin Micro

Franklin, KY · 1 counties · 20,788 residents (2025 est.) · 234.175 sq mi
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The short version

Franklin has notably lower household income than the US average, with a median household income of $59,858. Population has grown 22% since 2000. 19% of adults hold a bachelor's degree or higher, below the national rate of 36%. Median home value has roughly tripled since 2000, reaching $229,400.

At a glance
Lower income
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
Section 01

Population & growth

Total population
19,972
+22%since 2000
from 16,405 in 2000
1990 – 2025
Population density
85 / sq mi
+22%since 2000
from 70 / sq mi in 2000
US average: 281
Median age
38.8
+8%since 2000
from 35.9 in 2000
US average: 38.9

PEP 2025 EST:20,788 residents (Census Bureau Vintage 2025, released March 2026)

Population, 1990 – 2024
15K16K18K19K20K1990201020202024Franklin
202420K
1990201020202024
Section 02

Income & economy

Median household income
$59,858
−10%inflation adjusted, since 2000
from $36,432 in 2000
US average: $82,259
1990 – 2024
Per capita income
$31,249
+82%since 2000
from $17,150 in 2000
US average: $44,673
Households earning $100K+
36.0%
+16.7 ptssince 2009
from 19.3% in 2009
US average: 53.3%
Poverty rate
15.5%
+4.0 ptssince 2000
from 11.6% in 2000
US average: 12.5%
Income inequality (Gini)
0.441
+7%since 2010
from 0.411 in 2010
US average: 0.476
Workforce by industry, 2024
Retail trade21.7%
US avg: 9.9%
Information14.4%
US avg: 10.8%
Finance & insurance10.4%
US avg: 5.9%
Professional, scientific, technical7.8%
US avg: 5.1%
Wholesale trade7.8%
US avg: 6.9%
Transportation & warehousing2.9%
US avg: 2.2%
Education & health services2.6%
US avg: 0.9%
Other services1.7%
US avg: 6.7%
Public administration1.2%
US avg: 4.8%
Agriculture, forestry, fishing1%
US avg: 1.6%
Construction0.9%
US avg: 1.2%
Arts, entertainment, food0.3%
US avg: 1.9%
Manufacturing0.1%
US avg: 0.4%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$229,400
+55%inflation adjusted, since 2000
from $81,100 in 2000
US average: $376,019
1990 – 2024
Median gross rent
$1,012
+18%inflation adjusted, since 2000
from $469 in 2000
US average: $1,442
Owner-occupied
66.7%
−5.1 ptssince 2000
from 71.8% in 2000
33.3% rent
Vacancy rate
7.0%
−1.2 ptssince 2009
from 8.2% in 2009
US average: 10.0%
Owner cost-burdened
18.9%
−1.7 ptssince 2009
from 20.6% in 2009
US average: 22.9%
Renter cost-burdened
39.2%
+1.0 ptssince 2009
from 38.2% in 2009
US average: 47.4%
Afford Score
3.8
+72%since 2000
from 2.2 in 2000
1990 – 2024
Gentrification Score
40
RELATED:See current rent listings in Franklin on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic87.3%(14,314)
Black10.2%(1,670)
Hispanic / Latino0.9%(150)
Asian0.5%(89)
Other0%
Diversity Score26.3%(4,322)
Segregation Score0%
2024
White, non-Hispanic83.9%(16,757)
Black6.9%(1,381)
Hispanic / Latino3.6%(726)
Asian0.2%(30)
Other5.4%(1,078)
Diversity Score35.9%(7,165)
Segregation Score13.5%(2,697)
Diversity Score
36
+36%since 2000
from 26 in 2000
1990 – 2024
Segregation Score
14
−33%since 2020
from 20 in 2020
Section 05

Education

Bachelor's degree or higher
18.8%
+6.8 ptssince 2000
from 11.9% in 2000
US average: 35.6%
High school or higher
90.9%
+17.3 ptssince 2000
from 73.6% in 2000
US average: 89.6%
Graduate degree
8.1%
+3.1 ptssince 2000
from 4.9% in 2000
US average: 14.0%
Section 06

Commute & transportation

Average commute
21.0 min
+45%since 2000
from 14.5 min in 2000
US average: 26.5
Drive alone to work
79.2%
−4.0 ptssince 2009
from 83.1% in 2009
US average: 68.9%
Carpooled to work
13.2%
+2.6 ptssince 2009
from 10.6% in 2009
US average: 8.5%
Public transit
0.2%
+0.2 ptssince 2009
from 0.1% in 2009
US average: 3.2%
Worked from home
5.3%
+2.1 ptssince 2009
from 3.3% in 2009
US average: 15.0%
Walked to work
1.6%
−0.6 ptssince 2009
from 2.3% in 2009
US average: 2.4%
Biked to work
0.1%
+0.1 ptssince 2009
from 0.0% in 2009
US average: 0.4%
No vehicle available
3.3%
−3.8 ptssince 2009
from 7.1% in 2009
US average: 8.3%
Section 07

Work & employment

Unemployment rate
3.6%
−5.1 ptssince 2011
from 8.7% in 2011
US average: 5.2%
Labor force participation
60.7%
−2.4 ptssince 2011
from 63.1% in 2011
US average: 63.5%
Self-employed
13.0%
+2.8 ptssince 2009
from 10.2% in 2009
US average: 13.1%
Management & professional
31.3%
−27.3 ptssince 2009
from 58.6% in 2009
US average: 42.5%
Section 08

People & community

Male
49.7%
+1.1 ptssince 2009
from 48.7% in 2009
Female
50.3%
−1.1 ptssince 2009
from 51.3% in 2009
Foreign born
1.8%
+0.9 ptssince 2009
from 0.9% in 2009
US average: 14.1%
Veterans
7.7%
−40.7 ptssince 2009
from 48.4% in 2009
US average: 6.2%
With a disability
15.4%
+0.7 ptssince 2012
from 14.7% in 2012
US average: 13.3%
Uninsured
8.3%
−75.6 ptssince 2013
from 83.9% in 2013
US average: 8.4%
Broadband at home
88.7%
+24.0 ptssince 2017
from 64.7% in 2017
US average: 91.0%
English only at home
96.8%
−1.2 ptssince 2016
from 98.0% in 2016
US average: 77.7%
Spanish at home
2.0%
+1.1 ptssince 2016
from 0.8% in 2016
US average: 13.6%
In this metro

Principal cities

FranklinCENTRAL10,759
What's inside

1 component county

Simpson CountyCENTRAL20,788
Drill deeper

Metros similar to Franklin

Guymon
Pop 20,322
Maryville
Pop 20,174
Pampa
Pop 21,786
Price
Pop 20,680
Places similar to Franklin
Head to head

Compare Franklin side by side

FRANKLIN VS
Guymon
Income$60,069same
Home value$163,500−29%
Population20,322−2%
SEE FULL COMPARISON →
FRANKLIN VS
Maryville
Income$59,315−1%
Home value$177,500−23%
Population20,174−3%
SEE FULL COMPARISON →
FRANKLIN VS
Pampa
Income$59,928same
Home value$105,129−54%
Population21,786+5%
SEE FULL COMPARISON →
FRANKLIN VS
Price
Income$58,377−2%
Home value$228,500same
Population20,680−1%
SEE FULL COMPARISON →
Frequently asked

How many people live in Franklin, KY?

Franklin, KY has about 19,972 residents according to the 2024 American Community Survey.

What is the median household income in Franklin, KY?

The typical household in Franklin, KY earns about $59,858 a year. Half of households make more than that, and half make less.

Is Franklin, KY expensive?

In Franklin, KY, the median home is worth about $229,400, and the typical rent is about $1,012 a month.

How educated are people in Franklin, KY?

About 18.8% of adults age 25 and over in Franklin, KY hold a bachelor's degree or higher.

What is the poverty rate in Franklin, KY?

About 15.5% of people in Franklin, KY live below the federal poverty line.

Has Franklin, KY grown since 1990?

Yes, Franklin, KY has grown since 1990. The population has added about 4,827 residents, a change of about 32 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · METRO ROLLUP OF COMPONENT COUNTIES · UPDATED 2024

How we source and harmonize this data →