Franklin is a city located in Michigan. With a 2020 population of 3,263, it is the 196th largest city in Michigan and the 5981st largest city in the United States. Franklin is currently growing at a rate of 0.12% annually and its population has increased by 3.59% since the most recent census, which recorded a population of 3,150 in 2010. Franklin reached it's highest population of 3,344 in 1970. Spanning over 3 miles, Franklin has a population density of 1,225 people per square mile.
The average household income in Franklin is $233,750 with a poverty rate of 4.60%. The median rental costs in recent years comes to $1,817 per month, and the median house value is $586,200. The median age in Franklin is 46 years, 45.4 years for males, and 46.7 years for females. For every 100 females there are 101.6 males.