Franklin, TN

Census Place

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    2024 Population
    87,133
    US Senator
    Marsha Blackburn
    Republican Party
    US Senator
    Bill Hagerty
    Republican Party
    2024 Median Age
    38.6
    2.12% 1-year increase
    2024 Poverty Rate
    4.65%
    3.96% 1-year decrease
    2024 Median Household Income
    $119,528
    3.94% 1-year growth
    2024 Median Property Value
    $705,400
    9.14% 1-year growth
    2024 Employed Population
    46,506
    2.43% 1-year growth

    About

    None of the households in Franklin, TN 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.

    91.6% of the residents in Franklin, TN are U.S. citizens.

    The largest universities in Franklin, TN are Franklin Hair Academy School of Cosmetology (66 degrees awarded in 2024) and Williamson Christian College (18 degrees).

    In 2024, the median property value in Franklin, TN was $705,400, and the homeownership rate was 63.8%.

    Most people in Franklin, TN drove alone to work, and the average commute time was 23.9 minutes. The average car ownership in Franklin, TN was 2 cars per household.

    Population & Diversity

    Franklin, TN is home to a population of 87.1k people, from which 91.6% are citizens. As of 2024, 11.8% of Franklin, TN residents were born outside of the country (10.3k people).

    In 2024, there were 9.08 times more White (Non-Hispanic) residents (64.8k people) in Franklin, TN than any other race or ethnicity. There were 7.13k Asian (Non-Hispanic) and 4.58k Black or African American (Non-Hispanic) residents, the second and third most common ethnic groups.

    Citizenship

    91.6%
    2024 Citizenship
    92.1%
    2023 Citizenship

    As of 2024, 91.6% of Franklin, TN residents were US citizens, which is lower than the national average of 93.2%. In 2023, the percentage of US citizens in Franklin, TN was 92.1%, meaning that the rate of citizenship has been decreasing.

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

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    Race and Ethnicity

    The 3 largest ethnic groups in Franklin, TN
    1. White (Non-Hispanic)
      64.8k ± 1.36k
    2. Asian (Non-Hispanic)
      7.13k ± 726
    3. Black or African American (Non-Hispanic)
      4.58k ± 746
    8.09%
    Hispanic Population
    7.05k people

    In 2024, there were 9.08 times more White (Non-Hispanic) residents (64.8k people) in Franklin, TN than any other race or ethnicity. There were 7.13k Asian (Non-Hispanic) and 4.58k Black or African American (Non-Hispanic) residents, the second and third most common ethnic groups.

    8.09% of the people in Franklin, TN are hispanic (7.05k people).

    The following chart shows the 8 races represented in Franklin, TN 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 Tennessee.
    Most Common Origin
    1. Mexico
      95,077 ± 7,519 people
    2. Guatemala
      31,959 ± 4,379 people
    3. Honduras
      26,792 ± 4,011 people

    In 2024, the most common birthplace for the foreign-born residents of Tennessee was Mexico, the natal country of 95,077 Tennessee residents, followed by Guatemala with 31,959 and Honduras with 26,792.

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    Foreign-Born Population

    11.8%
    2024 Foreign-Born Population
    10.3k people
    11.4%
    2023 Foreign-Born Population
    9.79k people

    As of 2024, 11.8% of Franklin, TN residents (10.3k 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, TN was 11.4%, meaning that the rate has been increasing.

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

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    Veterans

    Most Common Service Period
    1. Gulf War (2001-)
      928 ± 254
    2. Vietnam
      864 ± 221
    3. Gulf War (1990s)
      383 ± 131

    Franklin, TN has a large population of military personnel who served in Gulf War (2001-), 1.07 times greater than any other conflict.

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

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    Health

    95.3% of the population of Franklin, TN has health coverage, with 64.3% on employee plans, 4.33% on Medicaid, 11.4% on Medicare, 14.6% on non-group plans, and 0.675% on military or VA plans.

    Primary care physicians in Tennessee see 1,437 patients per year on average, which represents a 0% change from the previous year (1,437 patients). Compare this to dentists who see 1779 patients per year, and mental health providers who see 500 patients per year.

    By gender, of the total number of insured persons, 48.8% were men and 51.2% were women.

    Health Care Diversity

    In 2024, insured persons according to age ranges were distributed in 24.8% under 18 years, 19.5% between 18 and 34 years, 41.4% between 35 and 64 years, and 14.3% over 64 years.

    By gender, of the total number of insured persons, 48.8% were men and 51.2% were women.

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

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    Uninsured People

    4.66%
    Uninsured
    64.3%
    Employer Coverage
    4.33%
    Medicaid
    11.4%
    Medicare
    14.6%
    Non-Group
    0.675%
    Military or VA

    Between 2023 and 2024, the percent of uninsured citizens in Franklin, TN grew by 7.02% from 4.36% to 4.66%.

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

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    Economy

    The economy of Franklin, TN employs 46.5k people. In 2024, the largest industries in Franklin, TN were Professional, Scientific, & Technical Services (7,111 people), Health Care & Social Assistance (6,730 people), and Retail Trade (5,327 people), and the highest paying industries were Wholesale Trade ($145,273), Real Estate & Rental & Leasing ($94,842), and Professional, Scientific, & Technical Services ($93,072).

    Occupations

    46.5k
    2024 Value
    ± 1,992
    2.43%
    1 Year growth
    ± 5.77%

    From 2023 to 2024, employment in Franklin, TN grew at a rate of 2.43%, from 45.4k employees to 46.5k employees.

    The most common job groups, by number of people living in Franklin, TN, are Management Occupations (7,895 people), Sales & Related Occupations (5,545 people), and Business & Financial Operations Occupations (4,966 people). This chart illustrates the share breakdown of the primary jobs held by residents of Franklin, TN.

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    Unemployment Insurance Claims

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

    This chart shows weekly unemployment insurance claims in Tennessee (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

    46.5k
    2024 Value
    ± 1,992
    2.43%
    1 Year growth
    ± 5.77%

    From 2023 to 2024, employment in Franklin, TN grew at a rate of 2.43%, from 45.4k employees to 46.5k employees.

    The most common employment sectors for those who live in Franklin, TN, are Professional, Scientific, & Technical Services (7,111 people), Health Care & Social Assistance (6,730 people), and Retail Trade (5,327 people). This chart shows the share breakdown of the primary industries for residents of Franklin, TN, though some of these residents may live in Franklin, TN and work somewhere else. Census data is tagged to a residential address, not a work address.

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    Median Earnings by Industry

    $82,474
    Median earning men ± $5,200
    $56,452
    Median earning women ± $3,571

    The industries with the best median earnings for men in 2024 are Wholesale Trade ($146,064), Professional, Scientific, & Management, & Administrative & Waste Management Services ($103,665), and Finance & Insurance, & Real Estate & Rental & Leasing ($103,119).

    The industries with the best median earnings for women in 2024 are Wholesale Trade ($95,625), Finance & Insurance, & Real Estate & Rental & Leasing ($75,693), and Manufacturing ($74,432).

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    Employment by Industry Sector

    Data is only available at the state level. Showing data for Tennessee.
    Y-Axis
    3.15%
    Year-over-year growth
    Employment change between February 2022 and February 2023

    As of February 2023, there are 3.29M people employed in Tennessee. This represents a 3.15% 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 10.8%.

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

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    Civics

    In the 2024 presidential election, the popular vote in Tennessee went to Donald J. Trump with 64.2% of the vote. The runner-up was Kamala Harris (34.5%), followed by Robert Kennedy (0.703%).

    Marsha Blackburn and Bill Hagerty are the senators currently representing the state of Tennessee. In the United States, senators are elected to 6-year terms with the terms for individual senators staggered.

    Tennessee 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 Tennessee

    Senatorial voting results are only available at the state level. Showing data for Tennessee.
    Marsha Blackburn
    Senator from Tennessee1
    Assumed office on January 3, 2019
    Bill Hagerty
    Senator from Tennessee2
    Assumed office on January 3, 2021

    Marsha Blackburn and Bill Hagerty are the senators currently representing Tennessee.

    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 Tennessee over time, excluding special elections, colored by their political party.

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    Education

    In 2024, universities in Franklin, TN awarded 84 degrees. The student population of Franklin, TN in 2024 is skewed towards women, with 34 male students and 146 female students.

    Most students graduating from Universities in Franklin, TN are White (49 and 58.3%), Black or African American (14 and 16.7%), Asian (10 and 11.9%), and Two or More Races (5 and 5.95%).

    The largest universities in Franklin, TN by number of degrees awarded are Franklin Hair Academy School of Cosmetology (66 and 78.6%) and Williamson Christian College (18 and 21.4%).

    The most popular majors in Franklin, TN are General Cosmetology (29 and 34.5%), Aesthetician & Skin Care Specialist (17 and 20.2%), and Cosmetology, Barber, & Nail Instructor (12 and 14.3%).

    The median tuition cost for private four year colleges is $14,640.

    Enrollments by Gender and Races

    In 2024 there were 180 students enrolled in Franklin, TN, 18.9% men and 81.1% women.

    By race, the largest number of students enrolled was concentrated in White with 124 records, of which 78.2% were women and 21.8% men.

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    Concentrations

    Most Common
    1. 25 degrees awarded
    2. 17 degrees awarded
    3. 12 degrees awarded

    In 2024, the most common concentation for Certificate of at least 1 but less than 2 academic years recipients in Franklin, TN was General Cosmetology with 25 degrees awarded.

    This visualization illustrates the percentage of students graduating with a Certificate of at least 1 but less than 2 academic years from schools in Franklin, TN according to their major.

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    Universities

    Gender
    Race
    Largest Universities by degrees awarded
    1. 66 degrees awarded
    2. 18 degrees awarded

    In 2024, the institution with the largest number of graduating students was Franklin Hair Academy School of Cosmetology with 66 degrees awarded.

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    Student Diversity

    In 2024, 17 men were awarded degrees from institutions in Franklin, TN, which is 0.254 times less than the 67 female students who received degrees in the same year.

    In 2024, the most common race/ethnicity group awarded degrees at institutions was White students. These 49 degrees mean that there were 3.5 times more degrees awarded to White students then the next closest race/ethnicity group, Black or African American, with 14 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

    Private not-for-profit, 4-year or above ($14,640) is the sector with the highest median state tuition in 2024.

    Private not-for-profit, 4-year or above ($1,450) is the sector with the highest median state fee in 2024.

    Private not-for-profit, 4-year or above ($1,080) 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, TN was $705,400 in 2024, which is 2.12 times larger than the national average of $332,700. Between 2023 and 2024 the median property value increased from $646,300 to $705,400, a 9.14% increase. The homeownership rate in Franklin, TN is 63.8%, which is lower than the national average of 65.2%.

    People in Franklin, TN have an average commute time of 23.9 minutes, and they drove alone to work. Car ownership in Franklin, TN is approximately the same as the national average, with an average of 2 cars per household.

    Property

    $705,400
    Median Property Value 2024
    ±$19,866
    $21,687
    Median Property Taxes
    ±$1,170

    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, TN the largest share of households pay taxes in the $3k+ range.

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

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    Rent vs Own

    63.8%
    Homeownership
    2024
    67.9%
    Homeowners with Mortgage
    2024

    In 2024, 63.8% of the housing units in Franklin, TN were occupied by their owner. This percentage declined from the previous year's rate of 64.3%.

    This chart shows the percentage of owner in Franklin, TN 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.
    $119,528
    Median Household Income
    ± $6,576
    34k
    Number of Households
    ± 1,510

    In 2024, the median household income of the 34k households in Franklin, TN grew to $119,528 from the previous year's value of $115,000.

    The following chart displays the households in Franklin, TN 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 $200k+ range.

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    Wage Distribution

    The closest comparable wage GINI for Franklin, TN is from Tennessee.
    0.457
    2024 Wage GINI in Tennessee
    0.459
    2023 Wage GINI in Tennessee

    In 2024, the income inequality in Tennessee was 0.457 according to the GINI calculation of the wage distribution. Income inequality had a 0.505% decline from 2023 to 2024, which means that wage distribution grew somewhat more even. The GINI for Tennessee was lower than than the national average of 0.474. In other words, wages are distributed more evenly in Tennessee in comparison to the national average.

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

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    Commuter Transportation

    Most Common Commute in 2024
    1. Drove Alone (61.9%)
    2. Worked At Home (30.4%)
    3. Carpooled (5.54%)

    In 2024, 61.9% of workers in Franklin, TN drove alone to work, followed by those who worked at home (30.4%) and those who carpooled to work (5.54%).

    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

    23.9 minutes
    Average Travel Time

    Using averages, employees in Franklin, TN have a shorter commute time (23.9 minutes) than the normal US worker (26.4 minutes). Additionally, 1.36% of the workforce in Franklin, TN have "super commutes" in excess of 90 minutes.

    The chart below shows how the median household income in Franklin, TN 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, TN distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Franklin, TN have 2 cars.

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    Poverty & Diversity

    4.65% of the population for whom poverty status is determined in Franklin, TN (4.02k out of 86.4k 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 18 - 24, followed by Males 18 - 24 and then Females 55 - 64.

    The most common racial or ethnic group living below the poverty line in Franklin, TN is White, followed by Hispanic and Black.

    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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