Median Household Income
$119,528 ± $6,576
Median Home Value
$705,400 ± $19,866
Median Gross Rent
$1,923 ± $50/mo
Per Capita Income
$61,761
Poverty Rate
4.6%
Unemployment Rate
2.2%
Homeownership Rate
63.8%
Bachelor's Degree or Higher
64.5%
Median Age
38.6
Average Commute
17 min
Households
33,998
Veterans
3,049
Population Over Time
Franklin grew 30.8% from 2014 to 2024.
2014
66,596
2016
70,625
2018
75,366
2020
80,675
2022
83,630
2024
87,133
Population by Race & Ethnicity
White
75.7%
Hispanic or Latino
8.1%
Black or African American
5.3%
Asian
8.2%
Nearby Cities in Tennessee
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024. Estimates carry a margin of error (shown as ±) inherent to ACS's sample-based methodology.