Franklin city, Indiana demographics and economy

Census American Community Survey 2023 5-Year Estimates for Franklin city, Indiana.

Population
25,999
Median HH Income
$77,305
Median Home Value
$212,500
Median Age
34.0

Workforce

Unemployment rate
3.9%
497 unemployed of 12,836 in labor force
Bachelor's degree or higher
16.4%
of population age 25+ (16,341 total)
Below poverty line
11.3%
2,792 of 24,624 surveyed

Housing & cost of living

Median home value
$212,500
owner-occupied housing units
Median gross rent
$1,127/mo
renter-occupied units, all bedrooms

Related resources

Federal contracts in Indiana
GovBids — SAM.gov opportunities and award data filtered by state.
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NewFilings — fresh business registrations from Secretary of State filings.
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Market size estimator
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Similar-sized Indiana places

Data source: U.S. Census Bureau American Community Survey 2023 5-Year Estimates (Table B). Geography: place (incorporated city/town/CDP). Public domain (USA.gov).

Indicators: B01003 (population), B19013 (median household income), B25077 (median home value), B01002 (median age), B25064 (median gross rent), B23025 (labor force/unemployment), B15003 (educational attainment), B17001 (poverty).

Generated 2026-05-27. Census applies suppression rules to small populations; some values may be unavailable.