Last updated: 2024 BLS data · Page refreshed:
Franklin Center has a population of 6,646 with a median age of 51.5. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 6,646 |
| Median Age | 51.5 |
| White | 34.6% |
| Black or African American | 23.3% |
| Asian | 28.1% |
| Hispanic or Latino | 13.9% |
The median household income in Franklin Center is $157,212, which is 95.0% above the national median of $80,610. The per capita income is $77,849. The poverty rate is 7.3%.
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In Franklin Center, 95.7% of residents age 25+ have a high school diploma or higher, and 63.5% hold a bachelor's degree or higher (34.8% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 95.7% |
| Bachelor's Degree or Higher | 63.5% |
| Graduate or Professional Degree | 34.8% |
The median home value in Franklin Center is $612,000, above the national median of $303,400. The median monthly rent is $2,748. The homeownership rate is 74.5%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $612,000 |
| Median Monthly Rent | $2,748 |
| Homeownership Rate | 74.5% |
| Vacancy Rate | 1.7% |
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