Franklin, IN

Census Place

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2024 Population
26,168
US Senator
Todd Young
Republican Party
US Senator
Jim Banks
Republican Party
2024 Median Age
34.5
1.47% 1-year increase
2024 Poverty Rate
11%
2.68% 1-year decrease
2024 Median Household Income
$82,380
6.56% 1-year growth
2024 Median Property Value
$231,500
8.94% 1-year growth
2024 Employed Population
12,782
3.59% 1-year growth

About

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% of the residents in Franklin, IN are U.S. citizens.

The largest universities in Franklin, IN are Franklin College (213 degrees awarded in 2023).

In 2024, the median property value in Franklin, IN was $231,500, and the homeownership rate was 65.7%.

Most people in Franklin, IN drove alone to work, and the average commute time was 25 minutes. The average car ownership in Franklin, IN was 2 cars per household.

Population & Diversity

Franklin, IN is home to a population of 26.2k people, from which 99% are citizens. As of 2024, 2.92% of Franklin, IN residents were born outside of the country (764 people).

In 2024, there were 32.8 times more White (Non-Hispanic) residents (23.6k people) in Franklin, IN than any other race or ethnicity. There were 717 Black or African American (Non-Hispanic) and 566 Two Races Excluding Other, & Three or More Races (Non-Hispanic) residents, the second and third most common ethnic groups.

Citizenship

99%
2024 Citizenship
99.1%
2023 Citizenship

As of 2024, 99% of Franklin, IN residents were US citizens, which is higher than the national average of 93.2%. In 2023, the percentage of US citizens in Franklin, IN was 99.1%, meaning that the rate of citizenship has been decreasing.

The following chart shows US citizenship percentages in Franklin, IN compared to that of it's neighboring and parent geographies.

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Race and Ethnicity

The 3 largest ethnic groups in Franklin, IN
  1. White (Non-Hispanic)
    23.6k ± 1k
  2. Black or African American (Non-Hispanic)
    717 ± 415
  3. Two Races Excluding Other, & Three or More Races (Non-Hispanic)
    566 ± 304
2.69%
Hispanic Population
703 people

In 2024, there were 32.8 times more White (Non-Hispanic) residents (23.6k people) in Franklin, IN than any other race or ethnicity. There were 717 Black or African American (Non-Hispanic) and 566 Two Races Excluding Other, & Three or More Races (Non-Hispanic) residents, the second and third most common ethnic groups.

2.69% of the people in Franklin, IN are hispanic (703 people).

The following chart shows the 8 races represented in Franklin, IN as a share of the total population.

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Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for Indiana.
Most Common Origin
  1. Mexico
    108,287 ± 8,015 people
  2. India
    34,966 ± 4,579 people
  3. China
    17,771 ± 3,269 people

In 2023, the most common birthplace for the foreign-born residents of Indiana was Mexico, the natal country of 108,287 Indiana residents, followed by India with 34,966 and China with 17,771.

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Foreign-Born Population

2.92%
2024 Foreign-Born Population
764 people
2.18%
2023 Foreign-Born Population
568 people

As of 2024, 2.92% of Franklin, IN residents (764 people) were born outside of the United States, which is approximately the same as the national average of 14%. In 2023, the percentage of foreign-born citizens in Franklin, IN was 2.18%, meaning that the rate has been increasing.

The following chart shows the percentage of foreign-born residents in Franklin, IN compared to that of it's neighboring and parent geographies.

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Veterans

Most Common Service Period
  1. Gulf War (2001-)
    372 ± 166
  2. Vietnam
    219 ± 105
  3. Gulf War (1990s)
    151 ± 92

Franklin, IN has a large population of military personnel who served in Gulf War (2001-), 1.7 times greater than any other conflict.

The chart shows the distribution of veterans by conflict in Franklin, IN.

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Economy

The economy of Franklin, IN employs 12.8k people. In 2024, the largest industries in Franklin, IN were Health Care & Social Assistance (2,263 people), Retail Trade (1,767 people), and Manufacturing (1,442 people), and the highest paying industries were Finance & Insurance ($77,835), Manufacturing ($58,846), and Wholesale Trade ($56,369).

Occupations

12.8k
2024 Value
± 955
3.59%
1 Year growth
± 10%

From 2023 to 2024, employment in Franklin, IN grew at a rate of 3.59%, from 12.3k employees to 12.8k employees.

The most common job groups, by number of people living in Franklin, IN, are Management Occupations (1,466 people), Office & Administrative Support Occupations (1,235 people), and Sales & Related Occupations (1,066 people). This chart illustrates the share breakdown of the primary jobs held by residents of Franklin, IN.

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Unemployment Insurance Claims

Data is only available at the state level. Showing data for Indiana.

This chart shows weekly unemployment insurance claims in Indiana (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

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Employment by Industries

12.8k
2024 Value
± 955
3.59%
1 Year growth
± 10%

From 2023 to 2024, employment in Franklin, IN grew at a rate of 3.59%, from 12.3k employees to 12.8k employees.

The most common employment sectors for those who live in Franklin, IN, are Health Care & Social Assistance (2,263 people), Retail Trade (1,767 people), and Manufacturing (1,442 people). This chart shows the share breakdown of the primary industries for residents of Franklin, IN, though some of these residents may live in Franklin, IN and work somewhere else. Census data is tagged to a residential address, not a work address.

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Median Earnings by Industry

$53,057
Median earning men ± $3,433
$40,773
Median earning women ± $3,618

The industries with the best median earnings for men in 2024 are Finance & Insurance, & Real Estate & Rental & Leasing ($78,715), Professional, Scientific, & Management, & Administrative & Waste Management Services ($72,083), and Public Administration ($67,763).

The industries with the best median earnings for women in 2024 are Finance & Insurance, & Real Estate & Rental & Leasing ($50,061), Manufacturing ($49,622), and Construction ($48,875).

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Employment by Industry Sector

Data is only available at the state level. Showing data for Indiana.
Y-Axis
2.48%
Year-over-year growth
Employment change between February 2022 and February 2023

As of February 2023, there are 3.21M people employed in Indiana. This represents a 2.48% increase in employment when compared to February 2022.

Right after the beginning of the COVID-19 pandemic, during April 2020, a general dip can be seen across industry sectors, resulting in an overall decline in employment by 15.4%.

The following chart shows monthly employment numbers for each industry sector in Indiana.

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Civics

In the 2024 presidential election, the popular vote in Indiana went to Donald J. Trump with 58.8% of the vote. The runner-up was Kamala Harris (39.8%), followed by Robert Kennedy (1%).

Todd Young and Jim Banks are the senators currently representing the state of Indiana. In the United States, senators are elected to 6-year terms with the terms for individual senators staggered.

Indiana is currently represented by 9 members in the U.S. house, and members of the House of Representives are elected to 2-year terms.

US Senators from Indiana

Senatorial voting results are only available at the state level. Showing data for Indiana.
Todd Young
Senator from Indiana3
Assumed office on January 3, 2017
Jim Banks
Senator from Indiana1
Assumed office on January 3, 2025

Todd Young and Jim Banks are the senators currently representing Indiana.

In the United States, senators are elected to 6-year terms with the terms for individual senators staggered.

The following chart shows elected senators in Indiana over time, excluding special elections, colored by their political party.

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Education

In 2023, universities in Franklin, IN awarded 213 degrees. The student population of Franklin, IN in 2023 is skewed towards men, with 501 male students and 465 female students.

Most students graduating from Universities in Franklin, IN are White (172 and 82.3%), Hispanic or Latino (15 and 7.18%), Two or More Races (10 and 4.78%), and Black or African American (7 and 3.35%).

The largest universities in Franklin, IN by number of degrees awarded are Franklin College (213 and 100%).

The most popular majors in Franklin, IN are Physician Assistant (23 and 10.8%), Kinesiology & Exercise Science (22 and 10.3%), and General Psychology (17 and 7.98%).

The median tuition cost in Franklin, IN for private four year colleges is $36,600.

Applicants, Admissions & Enrolled

University
Measure

In 2023 in Franklin, IN, the percentage of applicants admitted was 70.6%, while the percentage of admitted who enrolled was 16%. The number of students enrolled in 2023 was 966 (51.9% men and 48.1% women).

The line chart  shows the evolution of the percentage of applicants admitted, admitted who enrolled or the number of students enrolled according to the option selected in the upper button.

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Enrollments by Gender and Races

Universities

In 2023 there were 966 students enrolled in Franklin, IN, 51.9% men and 48.1% women.

By race, the largest number of students enrolled was concentrated in White with 777 records, of which 50.2% were women and 49.8% men.

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Concentrations

Most Common
  1. 17 degrees awarded
  2. 15 degrees awarded
  3. 22 degrees awarded

In 2023, the most common concentation for Bachelors Degree recipients in Franklin, IN was General Psychology with 17 degrees awarded.

This visualization illustrates the percentage of students graduating with a Bachelors Degree from schools in Franklin, IN according to their major.

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Universities

Gender
Race
Largest Universities by degrees awarded
213 degrees awarded

In 2023, the institution with the largest number of graduating students was Franklin College with 213 degrees awarded.

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Student Diversity

University

In 2023, 87 men were awarded degrees from institutions in Franklin, IN, which is 0.69 times less than the 126 female students who received degrees in the same year.

In 2023, the most common race/ethnicity group awarded degrees at institutions was White students. These 172 degrees mean that there were 11.5 times more degrees awarded to White students then the next closest race/ethnicity group, Hispanic or Latino, with 15 degrees awarded.

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Awarded Degrees over Time

The graph shows the evolution of awarded degrees by degrees. Under the paragraphs, the average number of awarded degrees by university in each degree is shown.

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Average Net Price by Sector

Universities

Private not-for-profit, 4-year or above ($36,600) is the sector with the highest median state tuition in 2023.

Private not-for-profit, 4-year or above ($750) is the sector with the highest median state fee in 2023.

Private not-for-profit, 4-year or above ($1,250) is the sector with the highest average net price of books and supplies.

The graph shows the average net price by sector and year.

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Housing & Living

The median property value in Franklin, IN was $231,500 in 2024, which is 0.696 times smaller than the national average of $332,700. Between 2023 and 2024 the median property value increased from $212,500 to $231,500, a 8.94% increase. The homeownership rate in Franklin, IN is 65.7%, which is higher than the national average of 65.2%.

People in Franklin, IN have an average commute time of 25 minutes, and they drove alone to work. Car ownership in Franklin, IN is approximately the same as the national average, with an average of 2 cars per household.

Property

$231,500
Median Property Value 2024
±$10,439
$6,302
Median Property Taxes
±$659

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Franklin, IN the largest share of households pay taxes in the $800 - $1,499 range.

The chart underneath the paragraph shows the property taxes in Franklin, IN compared to it's parent and neighbor geographies.

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Rent vs Own

65.7%
Homeownership
2024
58.8%
Homeowners with Mortgage
2024

In 2024, 65.7% of the housing units in Franklin, IN were occupied by their owner. This percentage declined from the previous year's rate of 66.4%.

This chart shows the percentage of owner in Franklin, IN compared it's parent and neighboring geographies.

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Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.
$82,380
Median Household Income
± $7,285
9.59k
Number of Households
± 805

In 2024, the median household income of the 9.59k households in Franklin, IN grew to $82,380 from the previous year's value of $77,305.

The following chart displays the households in Franklin, IN distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $75k - $100k range.

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Wage Distribution

The closest comparable wage GINI for Franklin, IN is from Indiana.
0.445
2023 Wage GINI in Indiana
0.448
2022 Wage GINI in Indiana

In 2023, the income inequality in Indiana was 0.445 according to the GINI calculation of the wage distribution. Income inequality had a 0.529% decline from 2022 to 2023, which means that wage distribution grew somewhat more even. The GINI for Indiana was lower than than the national average of 0.476. In other words, wages are distributed more evenly in Indiana in comparison to the national average.

This chart shows the number of workers in Indiana across various wage buckets compared to the national average.

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Commuter Transportation

Most Common Commute in 2024
  1. Drove Alone (77.2%)
  2. Worked At Home (11.5%)
  3. Carpooled (9.13%)

In 2024, 77.2% of workers in Franklin, IN drove alone to work, followed by those who worked at home (11.5%) and those who carpooled to work (9.13%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

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Commute Time

25 minutes
Average Travel Time

Using averages, employees in Franklin, IN have a shorter commute time (25 minutes) than the normal US worker (26.4 minutes). Additionally, 2.75% of the workforce in Franklin, IN have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Franklin, IN compares to that of it's neighboring and parent geographies.

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Car Ownership

2 cars
Average Number

The following chart displays the households in Franklin, IN distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Franklin, IN have 2 cars.

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Poverty & Diversity

11% of the population for whom poverty status is determined in Franklin, IN (2.74k out of 24.8k people) live below the poverty line, a number that is lower than the national average of 12.5%. The largest demographic living in poverty are Females 25 - 34, followed by Males 45 - 54 and then Females 45 - 54.

The most common racial or ethnic group living below the poverty line in Franklin, IN is White, followed by Two Or More and Hispanic.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

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Health

95.3% of the population of Franklin, IN has health coverage, with 55.6% on employee plans, 18.6% on Medicaid, 11.5% on Medicare, 8.68% on non-group plans, and 0.912% on military or VA plans.

Primary care physicians in Indiana see 1,524 patients per year on average, which represents a 0% change from the previous year (1,524 patients). Compare this to dentists who see 1681 patients per year, and mental health providers who see 474 patients per year.

By gender, of the total number of insured persons, 46.9% were men and 53.1% were women.

Health Care Diversity

In 2024, insured persons according to age ranges were distributed in 26.5% under 18 years, 25.7% between 18 and 34 years, 33.7% between 35 and 64 years, and 14.1% over 64 years.

By gender, of the total number of insured persons, 46.9% were men and 53.1% were women.

The following chart shows the number of people with health coverage by gender.

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Uninsured People

4.7%
Uninsured
55.6%
Employer Coverage
18.6%
Medicaid
11.5%
Medicare
8.68%
Non-Group
0.912%
Military or VA

Between 2023 and 2024, the percent of uninsured citizens in Franklin, IN grew by 30.9% from 3.59% to 4.7%.

The following chart shows how the percent of uninsured individuals in Franklin, IN changed over time compared with the percent of individuals enrolled in various types of health insurance.

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