Last updated: 2024 BLS data · Page refreshed:
Franklin has a population of 1,034 with a median age of 27.6. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 1,034 |
| Median Age | 27.6 |
| White | 85.3% |
| Hispanic or Latino | 17.4% |
The median household income in Franklin is $81,830, which is 1.5% above the national median of $80,610. The per capita income is $32,614. The poverty rate is 3.6%.
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In Franklin, 95.5% of residents age 25+ have a high school diploma or higher, and 24.5% hold a bachelor's degree or higher (8.3% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 95.5% |
| Bachelor's Degree or Higher | 24.5% |
| Graduate or Professional Degree | 8.3% |
The median home value in Franklin is $370,200, above the national median of $303,400. The median monthly rent is $1,282. The homeownership rate is 80.8%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $370,200 |
| Median Monthly Rent | $1,282 |
| Homeownership Rate | 80.8% |
| Vacancy Rate | 2.1% |
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