Franklin, IN

Census Place

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    2024 Population
    26,168
    US Senator
    Todd Young
    Republican Party
    US Senator
    Jim Banks
    Republican Party
    2024 Median Age
    34.5
    1.47% 1-year increase
    2024 Poverty Rate
    11%
    2.68% 1-year decrease
    2024 Median Household Income
    $82,380
    6.56% 1-year growth
    2024 Median Property Value
    $231,500
    8.94% 1-year growth
    2024 Employed Population
    12,782
    3.59% 1-year growth

    About

    None of the households in Franklin, IN 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.

    99% of the residents in Franklin, IN are U.S. citizens.

    The largest universities in Franklin, IN are Franklin College (245 degrees awarded in 2024).

    In 2024, the median property value in Franklin, IN was $231,500, and the homeownership rate was 65.7%.

    Most people in Franklin, IN drove alone to work, and the average commute time was 25 minutes. The average car ownership in Franklin, IN was 2 cars per household.

    Population & Diversity

    Franklin, IN is home to a population of 26.2k people, from which 99% are citizens. As of 2024, 2.92% of Franklin, IN residents were born outside of the country (764 people).

    In 2024, there were 32.8 times more White (Non-Hispanic) residents (23.6k people) in Franklin, IN than any other race or ethnicity. There were 717 Black or African American (Non-Hispanic) and 566 Two Races Excluding Other, & Three or More Races (Non-Hispanic) residents, the second and third most common ethnic groups.

    Citizenship

    99%
    2024 Citizenship
    99.1%
    2023 Citizenship

    As of 2024, 99% of Franklin, IN residents were US citizens, which is higher than the national average of 93.2%. In 2023, the percentage of US citizens in Franklin, IN was 99.1%, meaning that the rate of citizenship has been decreasing.

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

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    Race and Ethnicity

    The 3 largest ethnic groups in Franklin, IN
    1. White (Non-Hispanic)
      23.6k ± 1k
    2. Black or African American (Non-Hispanic)
      717 ± 415
    3. Two Races Excluding Other, & Three or More Races (Non-Hispanic)
      566 ± 304
    2.69%
    Hispanic Population
    703 people

    In 2024, there were 32.8 times more White (Non-Hispanic) residents (23.6k people) in Franklin, IN than any other race or ethnicity. There were 717 Black or African American (Non-Hispanic) and 566 Two Races Excluding Other, & Three or More Races (Non-Hispanic) residents, the second and third most common ethnic groups.

    2.69% of the people in Franklin, IN are hispanic (703 people).

    The following chart shows the 8 races represented in Franklin, IN 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 Indiana.
    Most Common Origin
    1. Mexico
      111,417 ± 8,128 people
    2. India
      37,388 ± 4,734 people
    3. Nigeria
      18,164 ± 3,304 people

    In 2024, the most common birthplace for the foreign-born residents of Indiana was Mexico, the natal country of 111,417 Indiana residents, followed by India with 37,388 and Nigeria with 18,164.

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    Foreign-Born Population

    2.92%
    2024 Foreign-Born Population
    764 people
    2.18%
    2023 Foreign-Born Population
    568 people

    As of 2024, 2.92% of Franklin, IN residents (764 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, IN was 2.18%, meaning that the rate has been increasing.

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

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    Veterans

    Most Common Service Period
    1. Gulf War (2001-)
      372 ± 166
    2. Vietnam
      219 ± 105
    3. Gulf War (1990s)
      151 ± 92

    Franklin, IN has a large population of military personnel who served in Gulf War (2001-), 1.7 times greater than any other conflict.

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

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    Health

    95.3% of the population of Franklin, IN has health coverage, with 55.6% on employee plans, 18.6% on Medicaid, 11.5% on Medicare, 8.68% on non-group plans, and 0.912% on military or VA plans.

    Primary care physicians in Indiana see 1,524 patients per year on average, which represents a 0% change from the previous year (1,524 patients). Compare this to dentists who see 1681 patients per year, and mental health providers who see 474 patients per year.

    By gender, of the total number of insured persons, 46.9% were men and 53.1% were women.

    Health Care Diversity

    In 2024, insured persons according to age ranges were distributed in 26.5% under 18 years, 25.7% between 18 and 34 years, 33.7% between 35 and 64 years, and 14.1% over 64 years.

    By gender, of the total number of insured persons, 46.9% were men and 53.1% were women.

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

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    Uninsured People

    4.7%
    Uninsured
    55.6%
    Employer Coverage
    18.6%
    Medicaid
    11.5%
    Medicare
    8.68%
    Non-Group
    0.912%
    Military or VA

    Between 2023 and 2024, the percent of uninsured citizens in Franklin, IN grew by 30.9% from 3.59% to 4.7%.

    The following chart shows how the percent of uninsured individuals in Franklin, IN 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, IN employs 12.8k people. In 2024, the largest industries in Franklin, IN were Health Care & Social Assistance (2,263 people), Retail Trade (1,767 people), and Manufacturing (1,442 people), and the highest paying industries were Finance & Insurance ($77,835), Manufacturing ($58,846), and Wholesale Trade ($56,369).

    Occupations

    12.8k
    2024 Value
    ± 955
    3.59%
    1 Year growth
    ± 10%

    From 2023 to 2024, employment in Franklin, IN grew at a rate of 3.59%, from 12.3k employees to 12.8k employees.

    The most common job groups, by number of people living in Franklin, IN, are Management Occupations (1,466 people), Office & Administrative Support Occupations (1,235 people), and Sales & Related Occupations (1,066 people). This chart illustrates the share breakdown of the primary jobs held by residents of Franklin, IN.

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    Unemployment Insurance Claims

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

    This chart shows weekly unemployment insurance claims in Indiana (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

    12.8k
    2024 Value
    ± 955
    3.59%
    1 Year growth
    ± 10%

    From 2023 to 2024, employment in Franklin, IN grew at a rate of 3.59%, from 12.3k employees to 12.8k employees.

    The most common employment sectors for those who live in Franklin, IN, are Health Care & Social Assistance (2,263 people), Retail Trade (1,767 people), and Manufacturing (1,442 people). This chart shows the share breakdown of the primary industries for residents of Franklin, IN, though some of these residents may live in Franklin, IN and work somewhere else. Census data is tagged to a residential address, not a work address.

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    Median Earnings by Industry

    $53,057
    Median earning men ± $3,433
    $40,773
    Median earning women ± $3,618

    The industries with the best median earnings for men in 2024 are Finance & Insurance, & Real Estate & Rental & Leasing ($78,715), Professional, Scientific, & Management, & Administrative & Waste Management Services ($72,083), and Public Administration ($67,763).

    The industries with the best median earnings for women in 2024 are Finance & Insurance, & Real Estate & Rental & Leasing ($50,061), Manufacturing ($49,622), and Construction ($48,875).

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    Employment by Industry Sector

    Data is only available at the state level. Showing data for Indiana.
    Y-Axis
    2.48%
    Year-over-year growth
    Employment change between February 2022 and February 2023

    As of February 2023, there are 3.21M people employed in Indiana. This represents a 2.48% 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 15.4%.

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

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    Civics

    In the 2024 presidential election, the popular vote in Indiana went to Donald J. Trump with 58.8% of the vote. The runner-up was Kamala Harris (39.8%), followed by Robert Kennedy (1%).

    Todd Young and Jim Banks are the senators currently representing the state of Indiana. In the United States, senators are elected to 6-year terms with the terms for individual senators staggered.

    Indiana 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 Indiana

    Senatorial voting results are only available at the state level. Showing data for Indiana.
    Todd Young
    Senator from Indiana3
    Assumed office on January 3, 2017
    Jim Banks
    Senator from Indiana1
    Assumed office on January 3, 2025

    Todd Young and Jim Banks are the senators currently representing Indiana.

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

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    Education

    In 2024, universities in Franklin, IN awarded 245 degrees. The student population of Franklin, IN in 2024 is skewed towards women, with 483 male students and 502 female students.

    Most students graduating from Universities in Franklin, IN are White (212 and 87.2%), Black or African American (9 and 3.7%), Two or More Races (8 and 3.29%), and Hispanic or Latino (7 and 2.88%).

    The largest universities in Franklin, IN by number of degrees awarded are Franklin College (245 and 100%).

    The most popular majors in Franklin, IN are General Business Administration & Management (23 and 9.39%), Physician Assistant (22 and 8.98%), and General Psychology (21 and 8.57%).

    The median tuition cost for private four year colleges is $37,810.

    Applicants, Admissions & Enrolled

    University
    Measure

    In 2024 in Franklin, IN, the percentage of applicants admitted was 69.8%, while the percentage of admitted who enrolled was 17.4%. The number of students enrolled in 2024 was 985 (49% men and 51% women).

    The line chart  shows the evolution of the percentage of applicants admitted, admitted who enrolled or the number of students enrolled according to the option selected in the upper button.

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    Enrollments by Gender and Races

    Universities

    In 2024 there were 985 students enrolled in Franklin, IN, 49% men and 51% women.

    By race, the largest number of students enrolled was concentrated in White with 762 records, of which 53.9% were women and 46.1% men.

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    Concentrations

    Most Common
    1. 23 degrees awarded
    2. 21 degrees awarded
    3. 20 degrees awarded

    In 2024, the most common concentation for Bachelors Degree recipients in Franklin, IN was General Business Administration & Management with 23 degrees awarded.

    This visualization illustrates the percentage of students graduating with a Bachelors Degree from schools in Franklin, IN according to their major.

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    Universities

    Gender
    Race
    Largest Universities by degrees awarded
    245 degrees awarded

    In 2024, the institution with the largest number of graduating students was Franklin College with 245 degrees awarded.

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    Student Diversity

    University

    In 2024, 119 men were awarded degrees from institutions in Franklin, IN, which is 0.944 times less than the 126 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 212 degrees mean that there were 23.6 times more degrees awarded to White students then the next closest race/ethnicity group, Black or African American, with 9 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

    Universities

    Private not-for-profit, 4-year or above ($37,810) is the sector with the highest median state tuition in 2024.

    Private not-for-profit, 4-year or above ($900) is the sector with the highest median state fee in 2024.

    Private not-for-profit, 4-year or above ($1,300) 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, IN was $231,500 in 2024, which is 0.696 times smaller than the national average of $332,700. Between 2023 and 2024 the median property value increased from $212,500 to $231,500, a 8.94% increase. The homeownership rate in Franklin, IN is 65.7%, which is higher than the national average of 65.2%.

    People in Franklin, IN have an average commute time of 25 minutes, and they drove alone to work. Car ownership in Franklin, IN is approximately the same as the national average, with an average of 2 cars per household.

    Property

    $231,500
    Median Property Value 2024
    ±$10,439
    $6,302
    Median Property Taxes
    ±$659

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

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

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    Rent vs Own

    65.7%
    Homeownership
    2024
    58.8%
    Homeowners with Mortgage
    2024

    In 2024, 65.7% of the housing units in Franklin, IN were occupied by their owner. This percentage declined from the previous year's rate of 66.4%.

    This chart shows the percentage of owner in Franklin, IN 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.
    $82,380
    Median Household Income
    ± $7,285
    9.59k
    Number of Households
    ± 805

    In 2024, the median household income of the 9.59k households in Franklin, IN grew to $82,380 from the previous year's value of $77,305.

    The following chart displays the households in Franklin, IN 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 $75k - $100k range.

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    Wage Distribution

    The closest comparable wage GINI for Franklin, IN is from Indiana.
    0.442
    2024 Wage GINI in Indiana
    0.445
    2023 Wage GINI in Indiana

    In 2024, the income inequality in Indiana was 0.442 according to the GINI calculation of the wage distribution. Income inequality had a 0.807% decline from 2023 to 2024, which means that wage distribution grew somewhat more even. The GINI for Indiana was lower than than the national average of 0.474. In other words, wages are distributed more evenly in Indiana in comparison to the national average.

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

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    Commuter Transportation

    Most Common Commute in 2024
    1. Drove Alone (77.2%)
    2. Worked At Home (11.5%)
    3. Carpooled (9.13%)

    In 2024, 77.2% of workers in Franklin, IN drove alone to work, followed by those who worked at home (11.5%) and those who carpooled to work (9.13%).

    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

    25 minutes
    Average Travel Time

    Using averages, employees in Franklin, IN have a shorter commute time (25 minutes) than the normal US worker (26.4 minutes). Additionally, 2.75% of the workforce in Franklin, IN have "super commutes" in excess of 90 minutes.

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

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    Poverty & Diversity

    11% of the population for whom poverty status is determined in Franklin, IN (2.74k out of 24.8k 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 25 - 34, followed by Males 45 - 54 and then Females 45 - 54.

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

    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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