CensusEasy
MICROPOLITAN AREA · 2020 ACS

Franklin Micro

Franklin, KY · 1 counties · 19,594 residents · 234.175 sq mi
Time machine
COMPARE TO
Compare
The short version

Franklin has lower-than-average household income, with a median household income of $50,159. Population has grown 19% since 2000. 12% of adults hold a bachelor's degree or higher, below the national rate of 33%. Median home value has risen by half since 2000, reaching $141,400.

At a glance
Lower income
below the US median
US median: $66,278
Mid-age
median age 39.7
US median: 38.8
Less educated
12% hold a bachelor's degree
US average: 33%
Stable housing
home values roughly flat, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
19,594
+19%since 2000
from 16,405 in 2000
1990 – 2025
Population density
84 / sq mi
+19%since 2000
from 70 / sq mi in 2000
US average: 280
Median age
39.7
+11%since 2000
from 35.9 in 2000
US average: 38.8
Population, 1990 – 2024
15K16K18K19K20K1990201020202024Franklin
202420K
1990201020202024
Section 02

Income & economy

Median household income
$50,159
−8%inflation adjusted, since 2000
from $36,432 in 2000
US average: $66,278
1990 – 2024
Per capita income
$24,402
+42%since 2000
from $17,150 in 2000
US average: $35,364
Households earning $100K+
27.0%
+7.7 ptssince 2009
from 19.3% in 2009
US average: 43.9%
Poverty rate
12.4%
+0.8 ptssince 2000
from 11.6% in 2000
US average: 12.8%
Workforce by industry, 2020
Retail trade25.6%
US avg: 10%
Information13.5%
US avg: 11.1%
Wholesale trade6%
US avg: 6.7%
Transportation & warehousing4.7%
US avg: 2.5%
Finance & insurance4.3%
US avg: 5.5%
Professional, scientific, technical4.1%
US avg: 4.7%
Other services3.6%
US avg: 6.6%
Agriculture, forestry, fishing2.7%
US avg: 1.7%
Construction2.6%
US avg: 1.2%
Public administration2%
US avg: 4.7%
Arts, entertainment, food1.2%
US avg: 2%
Education & health services0.3%
US avg: 0.8%
Manufacturing0.1%
US avg: 0.5%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$141,400
+16%inflation adjusted, since 2000
from $81,100 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$844
+20%inflation adjusted, since 2000
from $469 in 2000
US average: $1,124
Owner-occupied
64.5%
−7.3 ptssince 2000
from 71.8% in 2000
35.5% rent
Afford Score
2.8
+27%since 2000
from 2.2 in 2000
1990 – 2024
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%
2020
White, non-Hispanic82.7%(16,201)
Black8.3%(1,622)
Hispanic / Latino3.3%(648)
Asian0.5%(94)
Other2.5%(496)
Diversity Score33.6%(6,576)
Segregation Score20.3%(3,970)
Diversity Score
34
+27%since 2000
from 26 in 2000
1990 – 2024
Segregation Score
20
Section 05

Education

Bachelor's degree or higher
12.0%
+0.1 ptssince 2000
from 11.9% in 2000
US average: 32.9%
High school or higher
87.6%
+14.0 ptssince 2000
from 73.6% in 2000
US average: 88.5%
Graduate degree
4.2%
−0.7 ptssince 2000
from 4.9% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
20.4 min
+41%since 2000
from 14.5 min in 2000
US average: 26.9
Drive alone to work
83.2%
+0.1 ptssince 2009
from 83.1% in 2009
US average: 75.1%
No vehicle available
2.6%
−4.6 ptssince 2009
from 7.1% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
5.9%
−2.8 ptssince 2011
from 8.7% in 2011
US average: 5.4%
Labor force participation
58.7%
−4.4 ptssince 2011
from 63.1% in 2011
US average: 63.4%
Management & professional
24.1%
−34.5 ptssince 2009
from 58.6% in 2009
US average: 39.3%
Section 08

People & community

Male
49.7%
+1.0 ptssince 2009
from 48.7% in 2009
Female
50.3%
−1.0 ptssince 2009
from 51.3% in 2009
Foreign born
1.7%
+0.8 ptssince 2009
from 0.9% in 2009
US average: 13.5%
Uninsured
7.1%
−76.8 ptssince 2013
from 83.9% in 2013
US average: 8.8%
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$60,069+20%
Home value$163,500+16%
Population20,322−2%
SEE FULL COMPARISON →
FRANKLIN VS
Maryville
Income$59,315+18%
Home value$177,500+26%
Population20,174−3%
SEE FULL COMPARISON →
FRANKLIN VS
Pampa
Income$59,928+19%
Home value$105,129−26%
Population21,786+5%
SEE FULL COMPARISON →
FRANKLIN VS
Price
Income$58,377+16%
Home value$228,500+62%
Population20,680−1%
SEE FULL COMPARISON →
Frequently asked

How many people live in Franklin, KY?

Franklin, KY has about 19,594 residents according to the 2020 American Community Survey.

What is the median household income in Franklin, KY?

The typical household in Franklin, KY earns about $50,159 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 $141,400, and the typical rent is about $844 a month.

How educated are people in Franklin, KY?

About 12.0% 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 12.4% 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 4,449 residents, a change of about 29 percent over that period.

Keep going

Explore from here

Metro rankings
Largest US metrosHighest income metrosFastest growing metros
Compare
Compare Franklin with another metro

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

How we source and harmonize this data →