Life in Franklin research summary. HomeSnacks has been using Saturday Night Science to research the quality of life in Franklin over the past nine years using Census, FBI, Zillow, and other primary data sources. Based on the most recently available data, we found the following about life in Franklin:
The population in Franklin is 25,999.
The median home value in Franklin is $274,799.
The median income in Franklin is $77,305.
The cost of living in Franklin is 93 which is 0.9x lower than the national average.
The median rent in Franklin is $1,127.
The unemployment rate in Franklin is 3.9%.
The poverty rate in Franklin is 11.3%.
The average high in Franklin is 62.6° and the average low is 42.7°.
Crime in Franklin summary. We use data from the FBI to determine the crime rates in Franklin. Key points include:
There were 306 total crimes in Franklin in the last reporting year.
The overall crime rate per 100,000 people in Franklin is 1,172.9 / 100k people.
The violent crime rate per 100,000 people in Franklin is 84.3 / 100k people.
The property crime rate per 100,000 people in Franklin is 1,088.6 / 100k people.
Overall, crime in Franklin is -44.65% below the national average.
| Statistic | Count Raw |
Franklin / 100k People |
Indiana / 100k People |
National / 100k People |
|---|---|---|---|---|
| Total Crimes Per 100K | 306 | 1,172.9 | 1,691.5 | 2,119.2 |
| Violent Crime | 22 | 84.3 | 312.9 | 359.0 |
| Murder | 0 | 0.0 | 5.5 | 5.0 |
| Robbery | 3 | 11.5 | 34.5 | 61.0 |
| Aggravated Assault | 11 | 42.2 | 239.4 | 256.0 |
| Property Crime | 284 | 1,088.6 | 1,378.6 | 1,760.0 |
| Burglary | 14 | 53.7 | 176.8 | 229.0 |
| Larceny | 249 | 954.4 | 988.8 | 1,272.0 |
| Car Theft | 21 | 80.5 | 213.0 | 259.0 |
Cost of living in Franklin summary. We use data on the cost of living to determine how expensive it is to live in Franklin. Real estate prices drive most of the variance in cost of living around Indiana. Key points include:
The cost of living in Franklin is 93 with 100 being average.
The cost of living in Franklin is 0.9x lower than the national average.
The median home value in Franklin is $274,799.
The median income in Franklin is $77,305.
| Living Expense | Franklin | Indiana | National Average | |
|---|---|---|---|---|
| Overall | 93 | 92 | 100 | |
| Services | 97 | 95 | 100 | |
| Groceries | 98 | 97 | 100 | |
| Health | 89 | 94 | 100 | |
| Housing | 83 | 73 | 100 | |
| Transportation | 96 | 94 | 100 | |
| Utilities | 106 | 107 | 100 | |
The average high in Franklin is 62.6° and the average low is 42.7°.
There are 77.6 days of precipitation each year.
Expect an average of 43.4 inches of precipitation each year with 18.9 inches of snow.
| Stat | Franklin |
|---|---|
| Average Annual High | 62.6 |
| Average Annual Low | 42.7 |
| Annual Precipitation Days | 77.6 |
| Average Annual Precipitation | 43.4 |
| Average Annual Snowfall | 18.9 |
The current population in Franklin is 25,999. The population has increased 15.5% from 2010.
| Year | Population | % Change |
|---|---|---|
| 2023 | 25,999 | -0.3% |
| 2022 | 26,073 | 3.8% |
| 2021 | 25,112 | -0.6% |
| 2020 | 25,276 | 0.7% |
| 2019 | 25,106 | 1.2% |
| 2018 | 24,813 | 1.3% |
| 2017 | 24,489 | 1.9% |
| 2016 | 24,021 | -0.3% |
| 2015 | 24,090 | -0.4% |
| 2014 | 24,193 | 0.7% |
| 2013 | 24,021 | 0.7% |
| 2012 | 23,857 | 0.9% |
| 2011 | 23,636 | 5.0% |
| 2010 | 22,508 | - |
90.2% White with 23,463 White residents.
2.6% African American with 688 African American residents.
0.1% American Indian with 14 American Indian residents.
1.2% Asian with 316 Asian residents.
0.0% Hawaiian with 0 Hawaiian residents.
0.1% Other with 16 Other residents.
3.5% Two Or More with 898 Two Or More residents.
2.3% Hispanic with 604 Hispanic residents.
| Race | Franklin | IN | USA |
|---|---|---|---|
| White | 90.2% | 76.1% | 58.2% |
| African American | 2.6% | 9.1% | 12.0% |
| American Indian | 0.1% | 0.1% | 0.5% |
| Asian | 1.2% | 2.5% | 5.7% |
| Hawaiian | 0.0% | 0.0% | 0.2% |
| Other | 0.1% | 0.4% | 0.5% |
| Two Or More | 3.5% | 3.4% | 3.9% |
| Hispanic | 2.3% | 8.4% | 19.0% |
Franklin is 53.4% female with 13,877 female residents.
Franklin is 46.6% male with 12,121 male residents.
| Gender | Franklin | IN | USA |
|---|---|---|---|
| Female | 53.4% | 50.4% | 50.5% |
| Male | 46.6% | 49.6% | 49.5% |
3.0% of adults in Franklin completed < 9th grade.
5.0% of adults in Franklin completed 9-12th grade.
33.0% of adults in Franklin completed high school / ged.
24.0% of adults in Franklin completed some college.
11.0% of adults in Franklin completed associate's degree.
16.0% of adults in Franklin completed bachelor's degree.
6.0% of adults in Franklin completed master's degree.
1.0% of adults in Franklin completed professional degree.
1.0% of adults in Franklin completed doctorate degree.
| Education | Franklin | IN | USA |
|---|---|---|---|
| < 9th Grade | 3.0% | 3.0% | 5.0% |
| 9-12th Grade | 5.0% | 6.0% | 6.0% |
| High School / GED | 33.0% | 33.0% | 26.0% |
| Some College | 24.0% | 20.0% | 19.0% |
| Associate's Degree | 11.0% | 9.0% | 9.0% |
| Bachelor's Degree | 16.0% | 18.0% | 21.0% |
| Master's Degree | 6.0% | 8.0% | 10.0% |
| Professional Degree | 1.0% | 2.0% | 2.0% |
| Doctorate Degree | 1.0% | 1.0% | 2.0% |
5.8% of households in Franklin earn Less than $10,000.
2.9% of households in Franklin earn $10,000 to $14,999.
6.0% of households in Franklin earn $15,000 to $24,999.
9.0% of households in Franklin earn $25,000 to $34,999.
10.2% of households in Franklin earn $35,000 to $49,999.
15.3% of households in Franklin earn $50,000 to $74,999.
15.6% of households in Franklin earn $75,000 to $99,999.
21.4% of households in Franklin earn $100,000 to $149,999.
7.9% of households in Franklin earn $150,000 to $199,999.
5.9% of households in Franklin earn $200,000 or more.
| Income | Franklin | IN | USA |
|---|---|---|---|
| Less than $10,000 | 5.8% | 4.9% | 4.9% |
| $10,000 to $14,999 | 2.9% | 3.5% | 3.6% |
| $15,000 to $24,999 | 6.0% | 7.1% | 6.6% |
| $25,000 to $34,999 | 9.0% | 7.8% | 6.8% |
| $35,000 to $49,999 | 10.2% | 12.2% | 10.4% |
| $50,000 to $74,999 | 15.3% | 17.9% | 15.7% |
| $75,000 to $99,999 | 15.6% | 13.9% | 12.7% |
| $100,000 to $149,999 | 21.4% | 17.2% | 17.4% |
| $150,000 to $199,999 | 7.9% | 7.9% | 9.3% |
| $200,000 or more | 5.9% | 7.6% | 12.6% |