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.
According to the most recent ACS, the racial composition of Franklin was:
| Race | Population | Percentage |
|---|---|---|
| White | 2,629 | 78.90% |
| Black or African American | 307 | 9.21% |
| Asian | 233 | 6.99% |
| Two or More Races | 142 | 4.26% |
| Some Other Race | 11 | 0.33% |
| American Indian and Alaska Native | 10 | 0.30% |
| Type | Count | Average Size | Owned |
|---|---|---|---|
| All | 1,154 | 2.89 | 94.1 |
| Married | 877 | 3.27 | 95.9 |
| Non Family | 183 | 1.03 | 88.5 |
| Female | 61 | 3.15 | 91.8 |
| Male | 33 | 2.55 | 81.8 |
| Education Attained | Count | Percentage |
|---|---|---|
| Less Than 9th Grade | 4 | 0.18% |
| 9th to 12th Grade | 26 | 1.18% |
| High School Graduate | 165 | 7.51% |
| Some College | 294 | 13.38% |
| Associates Degree | 93 | 4.23% |
| Bachelors Degree | 625 | 28.45% |
| Graduate Degree | 990 | 45.06% |
| Name | Total | High School | Bachelors |
|---|---|---|---|
| White | 1,767 | 1,737 | 1,330 |
| Black | 193 | 193 | 83 |
| Asian | 167 | 167 | 162 |
| Hispanic | 46 | 46 | 29 |
| Multiple Races | 24 | 24 | 11 |
| Other Race | 6 | 6 | 6 |
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 other race people with a rate of 100.00%.
86.98% of Franklin residents speak only English, while 13.02% speak other languages. The non-English language spoken by the largest group is Other Indo-European, which is spoken by 6.34% of the population.
| Name | Total | In Poverty | Poverty Rate |
|---|---|---|---|
| White | 2,551 | 115 | 4.51% |
| Black | 301 | 32 | 10.63% |
| Asian | 233 | 6 | 2.58% |
4.60%
Overall Poverty Rate
3.93%
Male Poverty Rate
5.28%
Female Poverty Rate
The race most likely to be in poverty in Franklin is Black, with 10.63% below the poverty level.
The race least likely to be in poverty in Franklin is Asian, with 2.58% below the poverty level.
The poverty rate among those that worked full-time for the past 12 months was 1.26%. Among those working part-time, it was 5.73%, and for those that did not work, the poverty rate was 9.08%.
69.4%
Overall Marriage Rate
71.5%
Male Marriage Rate
67.6%
Female Marriage Rate
The age group where males are most likely to be married is 45-54, while the female age group most likely to be married is 35-44.
| Name | Veterans | % of Total |
|---|---|---|
| White | 110 | 5.60% |
| Black | 26 | 11.40% |
| Hispanic | 6 | 10.17% |
2.94%
Veteran Poverty Rate
17.65%
Veteran Disability Rate
62.3%
Labor Force Participation
59.5%
Employment Rate
4.5%
Unemployment Rate
Non citizens include legal permanent residents (green card holders), international students, temporary workers, humanitarian migrants, and illegal immigrants.
87.70%
Native Born
12.30%
Foreign Born
2.07%
Non Citizen
87.70% of Franklin residents were born in the United States, with 66.00% having been born in Michigan. 2.07% 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 |
|---|---|---|---|
| 2020 | 3,263 | 4 | 0.12% |
| 2019 | 3,259 | 4 | 0.12% |
| 2018 | 3,255 | -11 | -0.34% |
| 2017 | 3,266 | 4 | 0.12% |
| 2016 | 3,262 | 16 | 0.49% |
| 2015 | 3,246 | -3 | -0.09% |
| 2014 | 3,249 | 20 | 0.62% |
| 2013 | 3,229 | 37 | 1.16% |
| 2012 | 3,192 | 17 | 0.54% |
| 2011 | 3,175 | 23 | 0.73% |
| 2010 | 3,152 | 215 | 0.71% |
| 2000 | 2,937 | 311 | 1.13% |
| 1990 | 2,626 | -238 | -0.86% |
| 1980 | 2,864 | -480 | -1.54% |
| 1970 | 3,344 | 0.00% |