Franklin, KY

Census Place

2024 Population

10,360

US Senator

Mitch McConnell

Republican Party

US Senator

Rand Paul

Republican Party

2024 Median Age

35.8

4.07% 1-year increase

2024 Poverty Rate

17.1%

1.84% 1-year decrease

2024 Median Household Income

$59,052

6.3% 1-year growth

2024 Median Property Value

$195,400

14.7% 1-year growth

Population & Diversity

Franklin, KY is home to a population of 10.4k people, from which 99.1% are citizens.

As of 2024, 1.8% of Franklin, KY residents were born outside of the country (186 people).

In 2024, there were 9.32 times more White (Non-Hispanic) residents (8.35k people) in Franklin, KY than any other race or ethnicity. There were 896 Black or African American (Non-Hispanic) and 684 Two Races Excluding Other, & Three or More Races (Non-Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

99.1%

2024 Citizenship

99.1%

2023 Citizenship

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

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

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Franklin, KY

White (Non-Hispanic)
8.35k ± 333
Black or African American (Non-Hispanic)
896 ± 265
Two Races Excluding Other, & Three or More Races (Non-Hispanic)
684 ± 256

3.51%

Hispanic Population

364 people

3.51% of the people in Franklin, KY are hispanic (364 people).

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

Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for Kentucky.

Most Common Origin

Mexico
34,417 ± 4,537 people
Cuba
21,613 ± 3,601 people
India
11,987 ± 2,684 people

In 2024, the most common birthplace for the foreign-born residents of Kentucky was Mexico, the natal country of 34,417 Kentucky residents, followed by Cuba with 21,613 and India with 11,987.

Foreign-Born Population

1.8%

2024 Foreign-Born Population

186 people

1.65%

2023 Foreign-Born Population

169 people

As of 2024, 1.8% of Franklin, KY residents (186 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, KY was 1.65%, meaning that the rate has been increasing.

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

Military

Veterans

Most Common Service Period

Vietnam
226 ± 117
Gulf War (2001-)
114 ± 70
Gulf War (1990s)
69 ± 61

Franklin, KY has a large population of military personnel who served in Vietnam, 1.98 times greater than any other conflict.

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

Economy

The economy of Franklin, KY employs 4.35k people. In 2024, the largest industries in Franklin, KY were Manufacturing (904 people), Retail Trade (775 people), and Transportation & Warehousing (448 people), and the highest paying industries were Professional, Scientific, & Technical Services ($65,469), Manufacturing ($55,926), and Transportation & Warehousing ($52,500).

Employment

Occupations

4.35k

2024 Value

± 497

6.55%

1 Year growth

± 15.3%

From 2023 to 2024, employment in Franklin, KY grew at a rate of 6.55%, from 4.08k employees to 4.35k employees.

The most common job groups, by number of people living in Franklin, KY, are Office & Administrative Support Occupations (731 people), Material Moving Occupations (523 people), and Production Occupations (484 people). This chart illustrates the share breakdown of the primary jobs held by residents of Franklin, KY.

Unemployment Insurance Claims

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

This chart shows weekly unemployment insurance claims in Kentucky (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.

Industries

Employment by Industries

4.35k

2024 Value

± 497

6.55%

1 Year growth

± 15.3%

From 2023 to 2024, employment in Franklin, KY grew at a rate of 6.55%, from 4.08k employees to 4.35k employees.

The most common employment sectors for those who live in Franklin, KY, are Manufacturing (904 people), Retail Trade (775 people), and Transportation & Warehousing (448 people). This chart shows the share breakdown of the primary industries for residents of Franklin, KY, though some of these residents may live in Franklin, KY and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$49,375

Median earning men ± $7,086

$28,852

Median earning women ± $5,759

The industries with the best median earnings for men in 2024 are Educational Services, & Health Care & Social Assistance ($61,495), Manufacturing ($59,157), and Transportation & Warehousing, & Utilities ($55,975).

The industries with the best median earnings for women in 2024 are Finance & Insurance, & Real Estate & Rental & Leasing ($45,521), Educational Services, & Health Care & Social Assistance ($44,004), and Manufacturing ($32,188).

Housing & Living

The median property value in Franklin, KY was $195,400 in 2024, which is 0.587 times smaller than the national average of $332,700. Between 2023 and 2024 the median property value increased from $170,400 to $195,400, a 14.7% increase. The homeownership rate in Franklin, KY is 55%, which is lower than the national average of 65.2%.

People in Franklin, KY have an average commute time of 18.4 minutes, and they drove alone to work. Car ownership in Franklin, KY is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$195,400

Median Property Value 2024

±$32,026

$2,195

Median Property Taxes

±$362

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, KY the largest share of households pay taxes in the $800 - $1,499 range.

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

Rent vs Own

55%

Homeownership

2024

61.7%

Homeowners with Mortgage

2024

In 2024, 55% of the housing units in Franklin, KY were occupied by their owner. This percentage grew from the previous year's rate of 53.2%.

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

Equity

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.

$59,052

Median Household Income

± $8,425

3.99k

Number of Households

± 503

In 2024, the median household income of the 3.99k households in Franklin, KY grew to $59,052 from the previous year's value of $55,552.

The following chart displays the households in Franklin, KY 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 $60k - $75k range.

Wage Distribution

The closest comparable wage GINI for Franklin, KY is from Kentucky.

0.446

2024 Wage GINI in Kentucky

0.449

2023 Wage GINI in Kentucky

In 2024, the income inequality in Kentucky was 0.446 according to the GINI calculation of the wage distribution. Income inequality had a 0.585% decline from 2023 to 2024, which means that wage distribution grew somewhat more even. The GINI for Kentucky was lower than than the national average of 0.474. In other words, wages are distributed more evenly in Kentucky in comparison to the national average.

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

Transportation

Commuter Transportation

Most Common Commute in 2024

Drove Alone (78.3%)
Carpooled (13.1%)
Worked At Home (4.35%)

In 2024, 78.3% of workers in Franklin, KY drove alone to work, followed by those who carpooled to work (13.1%) and those who worked at home (4.35%).

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.

Commute Time

18.4 minutes

Average Travel Time

Using averages, employees in Franklin, KY have a shorter commute time (18.4 minutes) than the normal US worker (26.4 minutes). Additionally, 0.9% of the workforce in Franklin, KY have "super commutes" in excess of 90 minutes.

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

Car Ownership

2 cars

Average Number

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

Poverty

Poverty & Diversity

17.1% of the population for whom poverty status is determined in Franklin, KY (1.69k out of 9.91k people) live below the poverty line, a number that is higher than the national average of 12.5%. The largest demographic living in poverty are Females 35 - 44, followed by Females 55 - 64 and then Males 25 - 34.

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

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.

Social Needs

Data only available at the state level.

Most prevalent states

California
35,798 individuals
New York
5,087 individuals

In 2017, California had the highest estimated number of chronically homeless individuals in the nation, at 35,798, followed by New York (5,087).

The following map shows the estimated number of chronically homeless individuals by state over multiple years.

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