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NEIGHBORHOOD

South Franklin

Indiana · Indianapolis · 17,780 residents · 6.901 sq mi
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The short version

South Franklin is significantly wealthier than the US average, with a median household income of $115,065. Population has held roughly steady since 2024. 50% of adults hold a bachelor's degree or higher. Median home value is $302,554. Poverty is rare here, at 4.6% of residents. Households here earn about 74% more than the Indianapolis median. These figures are approximated by combining the 3 census tracts that make up South Franklin; the Census Bureau does not tabulate data for neighborhoods directly.

At a glance
Wealthier
above the US median
US median: $82,259
Mid-age
median age 38.7
US median: 38.9
More educated
50% hold a bachelor's degree
US average: 36%
Owner-heavy
78% owner-occupied
US average: 65%
Section 01

Population & growth

Total population
17,780
Population density
2,576 / sq mi
US average: 281
Median age
38.7
US average: 38.9
Section 02

Income & economy

Median household income
$115,065
US average: $82,259
Per capita income
$50,669
US average: $44,673
Households earning $100K+
69.8%
US average: 53.3%
Poverty rate
4.6%
US average: 12.5%
Income inequality (Gini)
0.354
US average: 0.476
Workforce by industry, 2024
Retail trade9.5%
US avg: 9.9%
Finance & insurance8.9%
US avg: 5.9%
Professional, scientific, technical8.1%
US avg: 5.1%
Information7.5%
US avg: 10.8%
Other services7.1%
US avg: 6.7%
Public administration5.6%
US avg: 4.8%
Wholesale trade4.3%
US avg: 6.9%
Transportation & warehousing2.7%
US avg: 2.2%
Arts, entertainment, food1.5%
US avg: 1.9%
Education & health services0.8%
US avg: 0.9%
Agriculture, forestry, fishing0.2%
US avg: 1.6%
Construction0.2%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$302,554
US average: $376,019
Median gross rent
$1,635
US average: $1,442
Owner-occupied
77.7%
22.3% rent
Vacancy rate
2.0%
US average: 10.0%
Owner cost-burdened
10.6%
US average: 22.9%
Renter cost-burdened
24.8%
US average: 47.4%
Afford Score
2.6
RELATED:See current rent listings in South Franklin on RentDataNow
Section 04

Race & ethnicity

2024
White, non-Hispanic74.6%(13,268)
Black2.9%(524)
Hispanic / Latino5%(895)
Asian13.2%(2,345)
Other4.2%(748)
Diversity Score52.6%(9,347)
2024
White, non-Hispanic74.6%(13,268)
Black2.9%(524)
Hispanic / Latino5%(895)
Asian13.2%(2,345)
Other4.2%(748)
Diversity Score52.6%(9,347)
Diversity Score
53
Section 05

Education

Bachelor's degree or higher
49.8%
US average: 35.6%
High school or higher
91.8%
US average: 89.6%
Graduate degree
21.5%
US average: 14.0%
Section 06

Commute & transportation

Average commute
23.6 min
US average: 26.5
Drive alone to work
72.9%
US average: 68.9%
Carpooled to work
7.7%
US average: 8.5%
Public transit
0.0%
US average: 3.2%
Worked from home
18.7%
US average: 15.0%
Walked to work
0.3%
US average: 2.4%
Biked to work
0.0%
US average: 0.4%
No vehicle available
2.3%
US average: 8.3%
Section 07

Work & employment

Unemployment rate
2.3%
US average: 5.2%
Labor force participation
70.7%
US average: 63.5%
Self-employed
12.5%
US average: 13.1%
Management & professional
57.0%
US average: 42.5%
Section 08

People & community

Male
47.6%
Female
52.4%
Foreign born
10.2%
US average: 14.1%
Veterans
6.1%
US average: 6.2%
With a disability
7.4%
US average: 13.3%
Uninsured
2.1%
US average: 8.4%
Broadband at home
97.2%
US average: 91.0%
English only at home
86.5%
US average: 77.7%
Spanish at home
1.0%
US average: 13.6%
Explore

Neighborhoods in Indianapolis

AirportAllisonvilleArlington WoodsAugusta-New AugustaBrendonwoodBroad RippleButler-TarkingtonCastletonChapel Hill-Ben DavisCrooked CreekDevingtonDowntownEagle CreekEagledaleEastsideEdgewoodFairgroundsFall CreekFar EastsideFountain SquareGalludetGarden CityGarfield ParkGeistHill ValleyIrvingtonKey MeadowsLinden WoodMapleton-Fall CreekMars HillMartindale-BrightwoodMeadowsMeridian KesslerMillersvilleNear EastsideNear NorthsideNear NW-RiversideNear SoutheastNear SouthsideNear WestsideNora-Far NorthsideNorth High SchoolPark 100Snacks-Guion CreekSouth EmersonSouth PerrySouthdaleSoutheast WarrenSt Vincent-GreenbriarUniversity HeightsValley MillsWest IndianapolisNeighborhoods in Indianapolis
Drill deeper

Places similar to South Franklin

Mount Washington
Pop 18,692
Van Ness - Civic Center
Pop 16,950
Bayshore-Klatt
Pop 19,533
Excelsior
Pop 17,745
Places similar to South Franklin
Head to head

Compare South Franklin side by side

SOUTH FRANKLIN VS
Mount Washington
Income$115,428same
Home value$1,097,240+263%
Population18,692+5%
SEE FULL COMPARISON →
SOUTH FRANKLIN VS
Van Ness - Civic Center
Income$112,021−3%
Home value$1,085,479+259%
Population16,950−5%
SEE FULL COMPARISON →
SOUTH FRANKLIN VS
Bayshore-Klatt
Income$117,133+2%
Home value$410,393+36%
Population19,533+10%
SEE FULL COMPARISON →
SOUTH FRANKLIN VS
Excelsior
Income$123,600+7%
Home value$1,151,400+281%
Population17,745same
SEE FULL COMPARISON →
Frequently asked

How many people live in South Franklin, Indianapolis, Indiana?

South Franklin, Indianapolis, Indiana has about 17,780 residents according to the 2024 American Community Survey.

What is the median household income in South Franklin, Indianapolis, Indiana?

The typical household in South Franklin, Indianapolis, Indiana earns about $115,065 a year. Half of households make more than that, and half make less.

Is South Franklin, Indianapolis, Indiana expensive?

In South Franklin, Indianapolis, Indiana, the median home is worth about $302,554, and the typical rent is about $1,635 a month.

How educated are people in South Franklin, Indianapolis, Indiana?

About 49.8% of adults age 25 and over in South Franklin, Indianapolis, Indiana hold a bachelor's degree or higher.

What is the poverty rate in South Franklin, Indianapolis, Indiana?

About 4.6% of people in South Franklin, Indianapolis, Indiana live below the federal poverty line.

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Containing area
Indianapolis

DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

How we source and harmonize this data →