Median Household Income
$59,052 ± $8,425
Median Home Value
$195,400 ± $32,026
Median Gross Rent
$1,010 ± $63/mo
Per Capita Income
$27,990
Poverty Rate
17.1%
Unemployment Rate
6.2%
Homeownership Rate
55.0%
Bachelor's Degree or Higher
15.5%
Median Age
35.8
Average Commute
18 min
Households
3,991
Veterans
503
Population Over Time
Franklin grew 21.0% from 2014 to 2024.
2014
8,563
2016
8,706
2018
8,762
2020
8,909
2022
10,141
2024
10,360
Population by Race & Ethnicity
White
81.0%
Hispanic or Latino
3.5%
Black or African American
8.6%
Asian
0.2%
Nearby Cities in Kentucky
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024. Estimates carry a margin of error (shown as ±) inherent to ACS's sample-based methodology.