Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 36.0 yrs |
|---|---|
| Avg HH Size | 2.74 |
| Below Poverty | 9.2% ▼ 9% below avg |
| College Grads | 38.1% ≈ Avg |
| Unemployment | 3.0% ▼ 38% below avg |
| No HS Diploma | 263 (1.2%) |
| HS Graduate | 7,034 (33%) |
| Some College | 2,842 (13.3%) |
| Associates | 3,062 (14.4%) |
| Bachelors | 2,562 (12%) |
| Graduate Degree | 5,553 (26.1%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $81,914 ≈ Avg |
|---|---|
| Median Home Value | $227,800 ▼ 18% below avg |
| Home/Income Ratio | 2.8x (nat avg ~3.5x) |
| Median Rent | $1,114/mo |
| Total Housing Units | 13,151 |
| Vacant Units | 744 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Franklin is a city in Indiana, located in Johnson County. The city spans 1 ZIP code and is home to approximately 35,502 residents. It is a relatively young city, with a median age of 36 years.
Economically, Franklin is a middle-income community. The median household income of $81,914 is near the national average. Approximately 9.2% of residents live below the poverty line. The unemployment rate is 3.0%, below the national average.
The real estate market in Franklin is an affordable housing market. Median home values stand at $227,800, which is below the national average. Renters typically pay around $1,114 per month. Homeownership is high at 72.1%, typical of suburban and family-oriented communities.
The population of Franklin is moderately educated. 38.1% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (91.7%).
Franklin, IN offers residents above-average earning potential within Indiana.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 46131 | 35,502 | $81,914 | $227,800 | $1,114 | 3.0% | 38.1% | 72.1% |