Franklin is a city located in Oakland County Michigan. Franklin has a 2020 population of 3,137. Franklin is currently declining at a rate of -0.03% annually and its population has decreased by -0.06% since the most recent census, which recorded a population of 3,139 in 2010.
The average household income in Franklin is $264,579 with a poverty rate of 3.38%. The median rental costs in recent years comes to $2,740 per month, and the median house value is $595,400. The median age in Franklin is 45.7 years, 44.7 years for males, and 46.8 years for females.
According to the most recent ACS, the racial composition of Franklinwas:
Race | Population | Percentage |
---|---|---|
White | 2,201 | 76.50% |
Black or African American | 310 | 10.78% |
American Indian and Alaska Native | 12 | 0.42% |
Asian | 148 | 5.14% |
Some Other Race | 16 | 0.56% |
Two or More Races | 190 | 6.60% |
Type | Count | Average Size | Owned |
---|---|---|---|
All | 1,000 | 2.88 | 93.6 |
Married | 769 | 3.14 | 96.1 |
Male | 29 | 2.69 | 100 |
Female | 65 | 3.42 | 63.1 |
Non Family | 137 | 1.16 | 92.7 |
3.14
Average Family Size
2.88
Average Household Size
Education Attained | Count | Percentage |
---|---|---|
Less Than 9th Grade | 3 | 0.16% |
9th to 12th Grade | 13 | 0.69% |
High School Graduate | 113 | 5.97% |
Some College | 221 | 11.68% |
Associates Degree | 88 | 4.65% |
Bachelors Degree | 594 | 31.40% |
Graduate Degree | 860 | 45.45% |
Race | Total | High School | Bachelors |
---|---|---|---|
Native American | 2 | 2 | 2 |
Other Race | 10 | 10 | 10 |
Asian | 112 | 112 | 105 |
White | 1,482 | 1,466 | 1,182 |
Hispanic | 62 | 62 | 47 |
2+ Races | 59 | 59 | 44 |
Black | 187 | 187 | 86 |
The highest rate of high school graduation is among black people with a rate of 100.00%.
The highest rate of bachelors degrees is among native american people with a rate of 100.00%.
$99,167
Average Earnings
$132,689
Average Male
$65,625
Average Female
88.77% of Franklin residents speak only English, while 11.23% speak other languages. The non-English language spoken by the largest group is Other Indo-European, which is spoken by 5.89% of the population.
Name | Total | In Poverty | Poverty Rate |
---|---|---|---|
Black | 306 | 25 | 8.17% |
White | 2,120 | 68 | 3.21% |
Asian | 148 | 4 | 2.70% |
Other | NaN% |
3.38%
Overall Poverty Rate
2.88%
Male Poverty Rate
3.84%
Female Poverty Rate
The race most likely to be in poverty in Franklin is Black, with 8.17% below the poverty level.
The race least likely to be in poverty in Franklin is Other, with NaN% below the poverty level.
The poverty rate among those that worked full-time for the past 12 months was 1.33%. Among those working part-time, it was 4.80%, and for those that did not work, the poverty rate was 5.06%.
69.3%
Overall Marriage Rate
72.8%
Male Marriage Rate
66.2%
Female Marriage Rate
The age group where males are most likely to be married is 35-44, while the female age group most likely to be married is 35-44.
Name | Veterans | % of Total |
---|---|---|
White | 78 | 4.75% |
Black | 11 | 4.58% |
2+ Races | 3 | 2.70% |
4.35%
Veteran Poverty Rate
25.00%
Veteran Disability Rate
61.6%
Labor Force Participation
59.6%
Employment Rate
3.3%
Unemployment Rate
Non citizens include legal permanent residents (green card holders), international students, temporary workers, humanitarian migrants, and illegal immigrants.
65.48%
Born in Franklin
90.44%
Native Born
9.56%
Foreign Born
2.50%
Non Citizen
7.06%
Naturalized
90.44% of Franklin residents were born in the United States, with 65.48% having been born in Michigan. 2.50% of residents are not US citizens. Of those not born in the United States, the largest percentage are from Asia.
Year | Population | Growth | Annual Growth Rate |
---|---|---|---|
1970 | 3,344 | 0.00% | |
1980 | 2,864 | -480 | -1.54% |
1990 | 2,626 | -238 | -0.86% |
2000 | 2,937 | 311 | 1.13% |
2010 | 3,150 | 213 | 0.70% |
2011 | 3,149 | -1 | -0.03% |
2012 | 3,148 | -1 | -0.03% |
2013 | 3,147 | -1 | -0.03% |
2014 | 3,146 | -1 | -0.03% |
2015 | 3,145 | -1 | -0.03% |
2016 | 3,144 | -1 | -0.03% |
2017 | 3,143 | -1 | -0.03% |
2018 | 3,142 | -1 | -0.03% |
2019 | 3,141 | -1 | -0.03% |
2020 | 3,139 | -2 | -0.06% |
2021 | 3,138 | -1 | -0.03% |
2022 | 3,137 | -1 | -0.03% |