Franklin vs Lake Orion

A side-by-side comparison of Franklin and Lake Orion: population, income, housing, and more.

Franklin and Lake Orion are places in Michigan. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.

Lake Orion has the higher population (2,873 vs 2,610 in Franklin). Franklin has the higher median household income ($176,571 vs $98,871 in Lake Orion). Franklin has the higher median home value ($696,700 vs $346,700 in Lake Orion).

Population, income & housing

	Franklin	Lake Orion
Population	2,610	2,873
Median age	49.6 yrs	43.8 yrs
Median household income	$176,571	$98,871
Median home value	$696,700	$346,700
Median gross rent	$3,175	$757
Housing units	1,100	1,437
Homeownership rate	94.9%	73.6%
Bachelor's degree or higher	80.3%	45.8%
Unemployment rate	1.9%	0.9%

Trends (ACS 5-year, 2019–2023)

	Franklin	Lake Orion
Population	3,310 → 2,610 (-21.1%)	3,141 → 2,873 (-8.5%)
Median household income	$161,607 → $176,571 (+9.3%)	$90,099 → $98,871 (+9.7%)
Median home value	$611,900 → $696,700 (+13.9%)	$269,900 → $346,700 (+28.5%)
Median gross rent	$2,659 → $3,175 (+19.4%)	$733 → $757 (+3.3%)

Franklin

Population

3,3102,610

Median household income

$161,607$176,571

Median home value

$611,900$696,700

Median gross rent

$2,659$3,175

Lake Orion

Population

3,1412,873

Median household income

$90,099$98,871

Median home value

$269,900$346,700

Median gross rent

$733$757

Age & race/ethnicity

Age distribution (share)

	Franklin	Lake Orion
Under 5	7.0%	4.2%
5 to 17	13.1%	10.5%
18 to 24	6.1%	4.9%
25 to 34	8.0%	18.0%
35 to 44	10.5%	13.5%
45 to 54	11.7%	8.4%
55 to 64	17.8%	19.0%
65 to 74	13.2%	12.2%
75 and over	12.6%	9.3%

Race & ethnicity (share)

	Franklin	Lake Orion
White (non-Hispanic)	71.4%	92.2%
Black or African American	13.1%	0.3%
American Indian & Alaska Native	0.1%	0.2%
Asian	4.6%	2.3%
Native Hawaiian & Pacific Islander	0.0%	0.0%
Some other race	0.0%	0.9%
Two or more races	4.1%	0.5%
Hispanic or Latino	6.7%	3.7%

Educational attainment (age 25+)

Share of adults 25+

	Franklin	Lake Orion
No high school diploma	2.2%	4.5%
High school graduate	4.1%	20.4%
Some college or associate's	13.4%	29.3%
Bachelor's degree	34.3%	29.0%
Graduate or professional degree	46.0%	16.8%

Commute to work

How workers get to work (share)

	Franklin	Lake Orion
Drove alone	70.7%	71.0%
Carpooled	2.2%	9.4%
Public transit	0.0%	0.0%
Walked	2.2%	0.0%
Bicycle	0.0%	0.8%
Worked from home	24.5%	18.3%
Other means	0.4%	0.5%

Housing

Units in structure (share)

	Franklin	Lake Orion
1-unit, detached	100.0%	70.3%
1-unit, attached	0.0%	5.2%
2 to 4 units	0.0%	6.8%
5 to 19 units	0.0%	10.7%
20 or more units	0.0%	7.0%
Mobile home & other	0.0%	0.0%

Poverty & households

	Franklin	Lake Orion
Poverty rate	2.3%	8.4%
Average household size	2.46	2.30
Mean commute (minutes)	24	29
Median year structure built	1958	1954