Franklin, Indiana Population 2024

26,086

Franklin is a city located in Johnson County and Shelby County Indiana. Franklin has a 2024 population of 26,086. It is also the county seat of Johnson County. Franklin is currently growing at a rate of 0.69% annually and its population has increased by 2.82% since the most recent census, which recorded a population of 25,370 in 2020.

The average household income in Franklin is $88,989 with a poverty rate of 11.21%. The median rental costs in recent years comes to - per month, and the median house value is -. The median age in Franklin is 34.4 years, 33.6 years for males, and 35.2 years for females.

Franklin Demographics

According to the most recent ACS, the racial composition of Franklin was:

  • White: 89.26%
  • Two or more races: 5.06%
  • Black or African American: 3.86%
  • Asian: 1.41%
  • Other race: 0.4%
  • Native American: 0.02%
  • Native Hawaiian or Pacific Islander: 0%
State
Indiana
Land Area (mi²)
15.3 sq mi
Density (mi²)
1,704.40/sq mi
Growth Since 2020
2.82% (716)
The current population of Franklin, Indiana is 26,086 based on our projections of the latest US Census estimates.The last official US Census in 2020 recorded the population at 25,370.

Franklin, Indiana Population 2024

Population by Race

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Race
Population
Percentage (of total)
White23,27289.26%
Two or more races1,3185.06%
Black or African American1,0063.86%
Asian3681.41%
Other race1030.4%
Native American60.02%
Native Hawaiian or Pacific Islander00%

White

Two or more races

Black or African American

Asian

Other race

Native American

Native Hawaiian or Pacific Islander

Franklin Population by Race

Franklin Population Pyramid 2024

Franklin Median Age

34.4

Total

33.6

Male

35.2

Female

Franklin Adults

There are 19,368 adults, (3,807 of whom are seniors) in Franklin.

Franklin Age Dependency

67.6

Age Dependency Ratio

24.5

Old Age Dependency Ratio

43.1

Child Dependency Ratio

Franklin Sex Ratio

Female13,81052.97%
Male12,26347.03%

Franklin Population by Age

Franklin Renter vs Owner Occupied by Household Type

Household Type
Count
Average Size
Owner
Renter
All9,1882.7167.832.2
Married4,5443.328416
Non Family2,9851.350.349.7
Female1,1333.7148.651.4
Male5263.246931

3.27

Average Family Size

2.71

Average Household Size

67.8%

Rate of Home Ownership

Married

Male

Female

NonFamily

owner

renter

Franklin Households and Families

Male

Female

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Education Attained
Count
Percentage
Less Than 9th Grade2881.75%
9th to 12th Grade8775.33%
High School Graduate5,94536.12%
Some College3,94023.94%
Associates Degree1,94811.84%
Bachelors Degree2,26813.78%
Graduate Degree1,1927.24%

Less Than 9th Grade

9th to 12th Grade

High School Graduate

Some College

Associates Degree

Bachelors Degree

Graduate Degree

Franklin Educational Attainment by Sex (over 25)

Franklin Educational Attainment by Race

High School Graduation Rate

Bachelors Rate

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Race
Total
High School
Bachelors
White15,30114,1943,134
Black36135619
Asian346346162
2+ Races25221355
Hispanic25122784
Other Race67530
Native American666

The highest rate of high school graduation is among native american people with a rate of 100%.

The highest rate of bachelors degrees is among native american people with a rate of 100%.

Franklin Educational Attainment by Race

All

Male

Female

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Name
Average
Male
Female
Overall$46,072$53,790$37,798
Less Than 9th Grade$27,014$34,583$0
High School Graduate$37,102$45,655$30,299
Some College$46,732$57,834$37,358
Bachelors Degree$63,579$76,337$52,586
Graduate Degree$71,875$51,771$82,031

$46,072

Average Earnings

$53,790

Average Male

$37,798

Average Female

Franklin Earnings by Educational Attainment

Franklin Language by Age

Only English

Spanish

Other Indo-European Languages

Asian and Pacific Island Languages

Other Languages

Franklin Language

96.5% of Franklin residents speak only English, while 3.5% speak other languages. The non-English language spoken by the largest group is Other Indo-European, which is spoken by 1.47% of the population.

Franklin Language

Franklin Poverty by Race

rate

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Name
Total
In Poverty
Poverty Rate
White21,8012,44811.23%
Multiple1,27632125.16%
Hispanic68112318.06%
Other891213.48%

11.21%

Overall Poverty Rate

9.51%

Male Poverty Rate

12.72%

Female Poverty Rate

Poverty in Franklin

The race most likely to be in poverty in Franklin is Multiple, with 25.16% below the poverty level.

The race least likely to be in poverty in Franklin is White, with 11.23% below the poverty level.

The poverty rate among those that worked full-time for the past 12 months was 2.14%. Among those working part-time, it was 14.48%, and for those that did not work, the poverty rate was 22.64%.

Franklin Poverty

rate

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Rate
Poverty
Less Than 9th Grade20.13%
High School11.71%
Some College8.37%
Bachelors or Greater3.15%

Franklin Poverty Rate by Education

rate

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Rate
Poverty
Male Unemployed36.92%
Female Unemployed8.8%
Female Employed6.55%
Male Employed3.58%

Franklin Poverty Rate by Employment Status and Sex

Franklin Income by Household Type

Households

Families

MarriedFamilies

NonFamilies

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Name
Median
Mean
Households$72,344$88,989
Families$86,675$98,990
Married Families$97,387$-999,999,999
Non Families$39,380$63,128

mean

median

Income by Household Type

Franklin Marital Status

Married

Widowed

Divorced

Separated

NeverMarried

Marriage Rates

47.2%

Overall Marriage Rate

50.5%

Male Marriage Rate

44.4%

Female Marriage Rate

Franklin Married by Age and Sex

male

female

Franklin Marriage

The age group where males are most likely to be married is 55-64, while the female age group most likely to be married is 35-44.

Franklin Marital Status by Race

Married

Widowed

Divorced

Separated

NeverMarried

Franklin Marital Status

Second Gulf War

First Gulf War

Vietnam

Korea

World War II

1,115

Number of Veterans

1,046

Male Veterans

69

Female Veterans

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War
Veterans
Second Gulf War460
Vietnam307
First Gulf War186
Korea72
World War II57

Franklin Veterans by War

count

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Age Group
Veterans
18 to 34322
75+263
65 to 74251
35 to 54182
55 to 6497

Franklin Veterans by Age

count

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Name
Veterans
% of Total
White1,1116.24%
2+ Races41.05%

Franklin Veterans by Race

Franklin Veterans by Education

Less Than 9th Grade

High School Graduate

Some College

Bachelors or Greater

2.7%

Veteran Poverty Rate

37.64%

Veteran Disability Rate

Franklin Veterans by Education

LaborForceParticipation

66.1%

Labor Force Participation

62.4%

Employment Rate

4.7%

Unemployment Rate

Franklin Employment by Age

LaborForceParticipation

Franklin Employment by Race

LaborForceParticipation

Franklin Employment by Education

Origin of Non-Citizens

Europe

Asia

Africa

Oceania

Latin America

North America

Non citizens include legal permanent residents (green card holders), international students, temporary workers, humanitarian migrants, and illegal immigrants.

Origin of Naturalized Citizens

Europe

Asia

Africa

Oceania

Latin America

North America

76.02%

Born in Franklin

97.42%

Native Born

2.58%

Foreign Born

0.97%

Non Citizen

1.61%

Naturalized

Place of Birth

97.42% of Franklin residents were born in the United States, with 76.02% having been born in Indiana. 0.97% of residents are not US citizens. Of those not born in the United States, the largest percentage are from Asia.

Franklin Place of Birth

Note: data after 2022 is projected based on recent change

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Year
Population
Growth
Growth Rate
202926,9811790.67%
202826,8021790.67%
202726,6231790.68%
202626,4441790.68%
202526,2651790.69%
202426,0861790.69%
202325,9071790.7%
202225,728770.3%
202125,6512811.11%
202025,370-243-0.95%
201925,6133951.57%
201825,2182410.96%
201724,9772230.9%
201624,7542471.01%
201524,5071960.81%
201424,3111760.73%
201324,1351740.73%
201223,9611870.79%
201123,774540.23%
201023,7204,25721.87%
200019,4636,55650.79%
199012,9071,34411.62%
198011,563860.75%
197011,4772,02421.41%
19609,4532,13729.21%
19507,3161,05216.79%
19406,26458210.24%
19305,68277315.75%
19204,9094079.04%
19104,50249712.41%
19004,0052245.92%
18903,78166521.34%
18803,11640915.11%
18702,70700%
showing: 34 rows

Franklin Population by Year