In 2021, Franklin, IN had a population of 25.1k people with a median age of 35.2 and a median household income of $63,518. Between 2020 and 2021 the population of Franklin, IN declined from 25,276 to 25,112, a −0.649% decrease and its median household income grew from $60,500 to $63,518, a 4.99% increase.
The 5 largest ethnic groups in Franklin, IN are White (Non-Hispanic) (91.1%), Black or African American (Non-Hispanic) (2.92%), Two+ (Non-Hispanic) (2.37%), White (Hispanic) (1.35%), and Asian (Non-Hispanic) (0.944%).
None of the households in Franklin, IN reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.
99.5% of the residents in Franklin, IN are U.S. citizens.
The largest universities in Franklin, IN are Franklin College (252 degrees awarded in 2021).
In 2021, the median property value in Franklin, IN was $162,000, and the homeownership rate was 64%.
Most people in Franklin, IN drove alone to work, and the average commute time was 23.5 minutes. The average car ownership in Franklin, IN was 2 cars per household.