In 2019, Franklin, IN had a population of 25.1k people with a median age of 37.9 and a median household income of $59,930. Between 2018 and 2019 the population of Franklin, IN grew from 24,813 to 25,106, a 1.18% increase and its median household income grew from $59,064 to $59,930, a 1.47% increase.
The 5 largest ethnic groups in Franklin, IN are White (Non-Hispanic) (93.4%), White (Hispanic) (1.99%), Two+ (Non-Hispanic) (1.65%), Black or African American (Non-Hispanic) (1.06%), and Asian (Non-Hispanic) (0.769%). 0% of the households in Franklin, IN speak a non-English language at home as their primary language.
99.5% of the residents in Franklin, IN are U.S. citizens.
The largest universities in Franklin, IN are Franklin College (230 degrees awarded in 2020).
In 2019, the median property value in Franklin, IN was $129,200, and the homeownership rate was 67%. Most people in Franklin, IN drove alone to work, and the average commute time was 24.7 minutes. The average car ownership in Franklin, IN was 2 cars per household.