In 2021, Franklin, MI had a population of 2.79k people with a median age of 46.1 and a median household income of $155,703. Between 2020 and 2021 the population of Franklin, MI declined from 2,877 to 2,790, a −3.02% decrease and its median household income declined from $158,958 to $155,703, a −2.05% decrease.
The 5 largest ethnic groups in Franklin, MI are White (Non-Hispanic) (72.6%), Black or African American (Non-Hispanic) (12.9%), Asian (Non-Hispanic) (5.34%), Two+ (Non-Hispanic) (3.44%), and White (Hispanic) (3.37%).
None of the households in Franklin, MI 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.
97.1% of the residents in Franklin, MI are U.S. citizens.
In 2021, the median property value in Franklin, MI was $612,900, and the homeownership rate was 93.3%.
Most people in Franklin, MI drove alone to work, and the average commute time was 21.9 minutes. The average car ownership in Franklin, MI was 2 cars per household.