Franklin township is located in Oakland County, Michigan. Franklin township has a 2026 population of 3,049. Franklin township is currently growing at a rate of 0.16% annually but its population has decreased by -0.36% since the most recent census, which recorded a population of 3,060 in 2020.
The median household income in Franklin township is $90,221 with a poverty rate of 7.25%. The median age in Franklin township is 46.9 years: 47.1 years for males, and 43.9 years for females. For every 100 females there are 105.3 males.
Data after 2023 is projected based on recent change
Overall: 46.9 years
Female: 43.9 years
Male: 47.1 years
There are 2,544 adults, (690 of whom are seniors) in Franklin township.
Female: 1,483 (48.7%)
Male: 1,561 (51.3%)
The racial composition of Franklin township includes 93.2% White, and smaller percentages for Black or African American and multiracial populations.
| Race | Population ↓ | Percentage (of total) |
|---|---|---|
| White | 2,837 | 93.2% |
| Two or more races | 185 | 6.08% |
| Black or African American | 22 | 0.72% |
Franklin township 's average per capita income is $65,317. Household income levels show a median of $90,221. The poverty rate stands at 7.25%.
| Name | Median ↓ | Mean |
|---|---|---|
| Married Families | $93,553 | - |
| Families | $92,225 | $129,194 |
| Households | $90,221 | $119,611 |
| Non Families | - | $85,351 |
Average Income
Median Household Income
Poverty Rate