Franklin Population History 1990 - 2023

What is the current population of Franklin?

Based on the latest 2024 data from the US census, the current population of Franklin is 3,121. Franklin, Michigan is the 6,163rd largest city in the US.

What was the peak population of Franklin?

The peak population of Franklin was in 2020, when its population was 3,153. In 2020, Franklin was the 6,088th largest city in the US; now its fallen to the 6,163rd largest city in the US. Franklin is currently 1.0% smaller than it was in 2020.

How quickly is Franklin growing?

Franklin has grown 6.4% since the 2000. Franklin, Michigan's growth is about average. 41% of similarly sized cities are growing faster since 2000.

What is the voting age population of Franklin, Michigan?

The total voting age population of Franklin, Michigan, meaning US citizens 18 or older, is 2,361. The voting age population is 47.4% male and 52.6% female.

What percentage of Franklin, Michigan residents are senior citizens?

According to the latest census statistics, 21.1% of the residents of Franklin are 65 or older.

What are the racial demographics of Franklin, Michigan?

The racial demographics of Franklin are 76.4% White, 11.1% Black, 6.7% Asian, 5.2% Two or more races, 0.3% American Indian and 0.3% Other. Additionally, 3.4% of the population identifies as Hispanic.

What percentage of Franklin, Michigan residents are below the poverty line?

In Franklin, 3.8% of residents have an income below the poverty line, and the child poverty rate is 4.0%. On a per-household basis, 5.1% of families are below the poverty line in Franklin.

What percentage of Franklin, Michigan residents are in the labor force?

Among those aged 16 and older, 62.4% of Franklin residents are in the labor force.

What are the education levels among Franklin, Michigan residents?

Among the adult population 25 years old and over, 98.6% of Franklin residents have at least a high school degree or equivalent, 75.9% have a bachelor's degree and 46.6% have a graduate or professional degree.

What percentage of Franklin, Michigan residents speak a non-English language at home?

Among Franklin residents aged 5 and older, 14.3% of them speak a non-English language at home. Broken down by language: 1.0% of residents speak Spanish at home, 7.6% speak an Indo-European language, and 3.3% speak an Asian language.

What is the unemployment rate in Franklin, Michigan?

The unemployment rate in Franklin is 3.1%, which is calculated among residents aged 16 or older who are in the labor force.

What percentage of Franklin, Michigan residents work for the government?

In Franklin, 5.0% of the residents in the non-military labor force are employed by the local, state and federal government.

What is the median income in Franklin, Michigan?

The median household income in Franklin is $161,607.

What percentage of housing units are owner-occupied in Franklin, Michigan?

In Franklin, 93.3% of housing units are occupied by their owners.

What percentage of housing units are rented in Franklin, Michigan?

Renters occupy 6.7% of housing units in Franklin.

What percentage of Franklin, Michigan housing units were built before 1940?

Of all the housing units in Franklin, 10.8% of them were build before 1940.

What percentage of Franklin, Michigan housing units were built after 2000?

In Franklin, 15.7% of the total housing units were built after the year 2000, which is approximately 190 units.

What is the median monthly rent in Franklin, Michigan?

The median gross monthly rent payment for renters in Franklin is $2,659.

What percentage of households in Franklin, Michigan have broadband internet?

In Franklin, 96.5% of households have an active broadband internet connection.