Franklin, Kentucky

US Census Bureau ACS 5-Year Estimates ยท 2022

KY

Franklin Demographics Overview

Total Population
10,141
ACS 2022 estimate
Median Household Income
$54,784
Annual household income
โ–ผ 27% vs US avg
Median Home Value
$166,600
Owner-occupied homes
โ–ผ 41% vs US avg
Median Gross Rent
$984
Monthly rent (incl. utilities)
โ–ผ 15% vs US avg
Median Age
32.9 years
Median age of residents
โ–ผ 15% vs US avg

Income & Economy

Median Household Income
$54,784
US avg: $74,580
vs. National Median-26.5%

Housing

Median Home Value
$166,600
US avg: $281,900
Median Gross Rent
$984/mo
US avg: $1,163/mo
Rent vs. National Avg-15.4%

Population

Total Population10,141
Median Age
32.9 years
US avg: 38.9 yrs

Data Source

Data for Franklin comes from the US Census Bureau American Community Survey (ACS) 5-Year Estimates, covering the period 2018โ€“2022.

The ACS 5-Year estimates provide the most reliable demographic statistics available, especially for smaller communities, by pooling 5 years of survey data.

Learn more about the ACS โ†’

Franklin, KY โ€” Frequently Asked Questions

Common questions about Franklin demographics

What is the population of Franklin, Kentucky?

According to the US Census Bureau ACS 5-Year Estimates (2022), the population of Franklin, Kentucky is 10,141.

What is the median household income in Franklin?

The median household income in Franklin, Kentucky is $54,784 per year, according to the 2022 ACS 5-Year Estimates. The US national median household income is approximately $74,580.

What is the cost of living in Franklin?

Key cost indicators for Franklin, Kentucky:. Median home value: $166,600. Median gross rent: $984/month. Median household income: $54,784/year

What is the median home value in Franklin?

The median home value in Franklin, Kentucky is $166,600, compared to the national median of approximately $281,900.

What is the average age in Franklin?

The median age in Franklin, Kentucky is 32.9 years, compared to the US national median age of approximately 38.9 years.

Franklin, KY Demographics - Population, Income & Housing (2022)