Franklin
In Simpson County, Kentucky.
- Population
- 10,254
- Median household income
- $55,552
- Median home value
- $170,400
+16.1%’19–’23
+30.3%’19–’23
+54.1%’19–’23
Franklin is a community in Simpson County, Kentucky, home to 10,254 residents. At $55,552, its median household income sits in line with Simpson County's $57,392.
From 2019 to 2023, Franklin's population grew 16.1% from 8,835 to 10,254, while its median home value rose 54.1% from $110,600 to $170,400.
Households average 2.69 people. The median gross rent is $1,034.
Demographics
ACS 2019–2023- Population
- 10,254
- Median age
- 34.4 yrs
- Median household income
- $55,552
- Median home value
- $170,400
- Median gross rent
- $1,034
- Housing units
- 3,969
- Homeownership rate
- 53.2%
- Bachelor's degree or higher
- 13.4%
- Unemployment rate
- 5.5%
Trends
ACS 5-year · 2019–20238,83510,254
$42,620$55,552
$110,600$170,400
$800$1,034
| Year | Population | Median household income | Median home value | Median gross rent |
|---|---|---|---|---|
| 2019 | 8,835 | $42,620 | $110,600 | $800 |
| 2020 | 8,909 | $45,983 | $120,900 | $822 |
| 2021 | 9,885 | $51,324 | $135,000 | $891 |
| 2022 | 10,141 | $54,784 | $166,600 | $984 |
| 2023 | 10,254 | $55,552 | $170,400 | $1,034 |
Each year is a US Census Bureau ACS 5-year estimate ending that year.
Age distribution
Under 57.7%
5 to 1717.9%
18 to 2411.7%
25 to 3413.5%
35 to 4412.9%
45 to 5410.1%
55 to 6411.1%
65 to 749.0%
75 and over6.2%
| Count | Share | |
|---|---|---|
| Under 5 | 785 | 7.7% |
| 5 to 17 | 1,833 | 17.9% |
| 18 to 24 | 1,200 | 11.7% |
| 25 to 34 | 1,385 | 13.5% |
| 35 to 44 | 1,324 | 12.9% |
| 45 to 54 | 1,032 | 10.1% |
| 55 to 64 | 1,139 | 11.1% |
| 65 to 74 | 923 | 9.0% |
| 75 and over | 633 | 6.2% |
Race & ethnicity
| Count | Share | |
|---|---|---|
| White (non-Hispanic) | 8,144 | 79.4% |
| Black or African American | 905 | 8.8% |
| American Indian & Alaska Native | 7 | 0.1% |
| Asian | 16 | 0.2% |
| Native Hawaiian & Pacific Islander | 0 | 0.0% |
| Some other race | 0 | 0.0% |
| Two or more races | 673 | 6.6% |
| Hispanic or Latino (any race) | 509 | 5.0% |
Educational attainment (age 25+)
No high school diploma13.0%
High school graduate40.8%
Some college or associate's32.8%
Bachelor's degree8.2%
Graduate or professional degree5.3%
| Count | Share | |
|---|---|---|
| No high school diploma | 835 | 13.0% |
| High school graduate | 2,624 | 40.8% |
| Some college or associate's | 2,113 | 32.8% |
| Bachelor's degree | 526 | 8.2% |
| Graduate or professional degree | 338 | 5.3% |
Commute to work
- Mean travel time to work
- 19 min
Drove alone76.1%
Carpooled14.7%
Public transit0.0%
Walked3.4%
Bicycle0.0%
Worked from home5.3%
Other means0.5%
How workers get to work
| Count | Share | |
|---|---|---|
| Drove alone | 3,071 | 76.1% |
| Carpooled | 592 | 14.7% |
| Public transit | 0 | 0.0% |
| Walked | 139 | 3.4% |
| Bicycle | 0 | 0.0% |
| Worked from home | 212 | 5.3% |
| Other means | 22 | 0.5% |
Travel time
| Count | Share | |
|---|---|---|
| Under 15 min | 2,053 | 53.7% |
| 15 to 29 min | 887 | 23.2% |
| 30 to 44 min | 511 | 13.4% |
| 45 to 59 min | 187 | 4.9% |
| 60+ min | 186 | 4.9% |
Households
- Average household size
- 2.69
- Poverty rate
- 17.4% (1,706 of 9,800)
| Count | Share | |
|---|---|---|
| Family households | 2,400 | 65.5% |
| Nonfamily households | 1,262 | 34.5% |
Housing
- Median year structure built
- 1975
Occupancy
| Count | Share | |
|---|---|---|
| Occupied | 3,662 | 92.3% |
| Vacant | 307 | 7.7% |
Tenure (of occupied units)
| Count | Share | |
|---|---|---|
| Owner-occupied | 1,949 | 53.2% |
| Renter-occupied | 1,713 | 46.8% |
1-unit, detached75.7%
1-unit, attached1.2%
2 to 4 units11.7%
5 to 19 units6.9%
20 or more units1.1%
Mobile home & other3.4%
Units in structure
| Count | Share | |
|---|---|---|
| 1-unit, detached | 3,006 | 75.7% |
| 1-unit, attached | 49 | 1.2% |
| 2 to 4 units | 464 | 11.7% |
| 5 to 19 units | 274 | 6.9% |
| 20 or more units | 43 | 1.1% |
| Mobile home & other | 133 | 3.4% |
Geography
- Place GEOID
- 2128918
- Type (LSAD)
- 25
- Land area
- 15 sq mi
- Water area
- 0.11 sq mi
- Center point
- 36.7180, -86.5576
Kentucky rankings
21- Largest by population in Kentucky
- Most densely populated in Kentucky
- Highest median household income in Kentucky
- Highest median home value in Kentucky
- Most affordable home values in Kentucky
- Highest median gross rent in Kentucky
- Cheapest median gross rent in Kentucky
- Oldest by median age in Kentucky
- Youngest by median age in Kentucky
- Most college-educated in Kentucky
- Highest poverty rate in Kentucky
- Lowest poverty rate in Kentucky
- Highest homeownership rate in Kentucky
- Lowest homeownership rate in Kentucky
- Longest commutes in Kentucky
- Shortest commutes in Kentucky
- Largest households in Kentucky
- Newest housing in Kentucky
- Oldest housing in Kentucky
- Fastest-growing (2019–2023) in Kentucky
- Fastest-shrinking (2019–2023) in Kentucky
Other places in Simpson County
0None.