Sign In Register

Franklin, KY

Full City Profile · Kentucky · Simpson County County

2.9 /5.0
C+ Fair
10,254 Population 680/sq mi density
$55,552 Median Income $24,651 per capita
$170,400 Home Value $243,755 Zillow
$1,034 Median Rent 28.4% income on rent
58°F Avg Temperature 299 sunny days/yr
232 Violent Crime/100K 2,767 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.7 / 5.0
$55,552 median income, 3.0% unemployment
A+
Affordability
5.0 / 5.0
$170,400 home value, $1,034/mo rent
F
Safety
1.0 / 5.0
232 violent crimes/100K
C
Education
2.1 / 5.0
13.4% bachelor's degree or higher

Change Over Time (2013–2023)

Population Change
+21.3%
8,636 → 10,477
over 10 years
Annual Pop. Growth
+1.95%
Compound annual growth rate
Median Income Change
+83%
$30,355 → $55,552
nominal, not inflation-adjusted
Annual Income Growth
+6.23%
Compound annual growth rate

Population Over Time

Total population for Franklin across each available Census ACS release.

Median Household Income Over Time

Median household income reported by U.S. Census ACS. Values are nominal (not adjusted for inflation).

Projected 2030

Simple projections extrapolating the 2013–2023 compound annual growth rate forward. These are mathematical extensions of recent trends, not forecasts — real outcomes depend on migration, policy and economic shifts.

Projected Population 2030
11,994
+1,517 from 2023 (10,477)
Projected Median Income 2030
$84,807
+$29,255 from 2023 ($55,552)

Year-by-Year Detail

Year Population YoY % Median Income YoY %
2013 8,636 $30,355
2015 8,731 +1.1% $31,629 +4.2%
2017 8,784 +0.6% $32,977 +4.3%
2019 9,001 +2.5% $42,620 +29.2%
2021 10,133 +12.6% $51,324 +20.4%
2023 10,477 +3.4% $55,552 +8.2%
Source: U.S. Census ACS 5-Year Estimates (Data Commons). Home value and rent are not yet available historically.