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Franklin County, IN&

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Population
22,935
-0.2% decline
Median Age
41.2
Median Household Income
$51,748
2.96% growth
Poverty Rate
10.6%
Number of Employees
11,103
3.27% growth
Median Property Value
$147,600
1.86% growth

Economy

The economy of Franklin County, IN employs 11,103 people. The economy of Franklin County, IN is specialized in Agriculture, Forestry, Fishing, Hunting; Manufacturing; and Management of Companies & Enterprises, which employ respectively 2.16; 2.05; and 1.93 times more people than what would be expected in a location of this size. The largest industries in Franklin County, IN are Manufacturing (2,368), Healthcare & Social Assistance (1,672), and Retail trade (1,414), and the highest paying industries are Utilities ($88,250), Management of Companies & Enterprises ($83,824), and Finance & Insurance ($43,882).

Median household income in Franklin County, IN is $51,748. Males in Franklin County, IN have an average income that is 1.47 times higher than the average income of females, which is $38,457. The income inequality of Franklin County, IN (measured using the Gini index) is 0.442 which is lower than the national average.

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Health & Safety

Insurance and Medicare coverage combined with state and county level health and safety statistics for Franklin County, IN. In Franklin County, IN the age groups most likely to have health care coverage are 6-17 and 6-17, men and women, respectively. The location has a 1 to 83 primary care clinician to patient ratio and a Medicare reimbursement average per patient per year of $8,024. Lake County, IN has the highest prevalence of homicides of any county in Indiana.

Coverage

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Showing data across all counties in Indiana.

Insurance Coverage by Age and Gender

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Diversity

Franklin County, IN is home to a population of 22,935 people, from which 99% are citizens. The ethnic composition of the population of Franklin County, IN is composed of 22,337 White residents (97.4%), 239 Hispanic residents (1.04%), 148 Two+ residents (0.65%), 127 Asian residents (0.55%), and 55 Black residents (0.24%). The most common foreign languages in Franklin County, IN are Spanish (130 speakers), German (118 speakers), and Tagalog (39 speakers), but compared to other places, Franklin County, IN has a relative high number of German (118 speakers), Japanese (35 speakers), and Other Pacific Island (24 speakers).

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Education

In 2015 universities in Indiana awarded 105,518 degrees. The student population of Indiana is skewed towards females, with 43,645 male students and 61,873 female students. Most students in Indiana are White (76,649 and 72.6%), followed by Black or African American (8,515 and 8.07%), Hispanic or Latino (4,659 and 4.42%), and Unknown (3,835 and 3.63%). The largest universities in Indiana by number of graduates are Ivy Tech Community College (20,401 and 19.3%), Indiana University-Bloomington (11,491 and 10.9%), and Purdue University-Main Campus (10,746 and 10.2%). The most popular majors in Indiana are Registered Nursing (4,655 and 4.41%), General Business (2,986 and 2.83%), and General Business Administration & Management (2,679 and 2.54%). The median tuition costs in Indiana are $29,900 for private four year colleges, and $8,380 and $24,354 respectively, for public four year colleges for in-state students and out-of-state students.

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Housing & Living

The median property value in Franklin County, IN is $147,600, which is 0.76 times smaller than the national average of $194,500. Between 2014 and 2015 the median property value increased from $144,900 to $147,600, a 1.86% increase. The homeownership rate of Franklin County, IN is 79.9%, which is higher than the national average of 63.9%. People in Franklin County, IN have an average commute time of 30 minutes, and they commute by Drove Alone. Car ownership in Franklin County, IN is approximately the same as the national average, with an average of 2 cars per household.

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