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Franklin, KY Area and Community Summary Information


Community Summary

Franklin Kentucky
Community Characteristics
Population 8,113 4,223,165
Population Density 1,090 105
Educational Climate Index 3
Median Age 36.68 36.66
Median Dwelling Age 30 27
In Current Residence 5+ years 33 % 32 %
Median Home Sale Price
Average household Income $45,487 $52,153
Median Value of Home Equity $139,255 $158,629
Median Mortgage Debt $261,684 $313,269
Total Household Expenditure 79 86
Total Crime Risk 159 70
Weather Risk 80 57
Air Pollution Index 83 132
Median Travel Time to Work 13.03 18.96
     

Population Characteristics

Franklin Kentucky
Population 8,113 4,223,165
Population Density 1,090 105
     
Male Population 3,872 2,078,358
Female Population 4,242 2,144,807
     
Population Change Since 1990 6 % 15 %
Population Change Since 2000 1 % 4 %
     

Age

Franklin Kentucky
Median Age 36.68 36.66
     
Population: Age 0-4 538 274,094
Population: Age 5-9 532 266,248
Population: Age 10-14 502 272,019
Population: Age 15-19 503 280,565
Population: Age 20-24 579 289,899
Population: Age 25-29 571 290,353
Population: Age 30-34 555 285,075
Population: Age 35-39 518 288,592
Population: Age 40-44 572 311,155
Population: Age 45-49 547 321,207
Population: Age 50-54 572 302,422
Population: Age 55-59 491 270,038
Population: Age 60-64 395 218,011
Population: Age 65-69 349 167,410
Population: Age 70-74 277 133,887
Population: Age 75-79 217 104,283
Population: Age 80-84 185 77,649
Population: Age 85+ 212 70,258
     

Race Distribution

Franklin Kentucky
Race: White 6,648 3,790,775
Race: American Indian, Eskimo, Aleut 15 8,558
Race: Asian or Pacific Islander 58 39,274
Race: Other 19 26,824
Race: Hawaiian / Pacific Islander 21 3,999
Race: Black 1,274 301,768
     

Hispanic Distribution

Franklin Kentucky
Population: Hispanic 81 90,250
Population: Not Hispanic 8,032 4,132,915
     

Education

Franklin Kentucky
Education: Less than 9th Grade 663 229,173
Education: Some High School 715 321,085
Education: High School Graduate 2,376 993,909
Education: Some College 772 528,561
Education: Associate Degree 320 197,957
Education: Bachelors Degree 300 339,412
Education: Graduate Degree 316 230,243
     

Marital Status

Franklin Kentucky
Never Married 1,318 764,377
Now Married 3,356 1,891,994
Separated 190 143,429
Widowed 695 239,524
Divorced 984 370,948
     

Households

Franklin Kentucky
Households 3,456 1,677,994
Average Household Size
     
Households: Family 2,285 1,124,379
Households: Non-Family 1,171 553,615
     
Households: With Children 1,068 562,059
Households: No Children 2,389 1,115,935
     

Housing Characteristics

Franklin Kentucky
Median Dwelling Age 30 27
Median Home Sale Price
Average household Income $45,487 $52,153
Median Value of Home Equity $139,255 $158,629
Median Mortgage Debt $261,684 $313,269
     

Home Ownership

Franklin Kentucky
Vacant Dwellings 429 231175
Owner-Occupied Dwellings 2221 1184193
Renter-Occupied Dwellings 1235 493801
     

Turnover

Franklin Kentucky
In Current Residence 5+ years 33 % 32 %
Annual Residential Turnover 14 % 15 %
     
Median Years in Residence 3.53 3.43
     

Income Characteristics

Franklin Kentucky
Median household income $39,732 $41,358
Average household Income $45,487 $52,153
Per capita income $20,391 $21,343
Median Disposable Income $34,757 $36,002
     

Income Growth

Franklin Kentucky
Change in Avg. Household Income Since 1990 95 % 83 %
Change in Avg. Household Income Since 2000 21 % 22 %
     

Household Income

Franklin Kentucky
Household Income: $0-$10,000 471 202,038
Household Income: $10,000-$15,000 202 105,061
Household Income: $15,000-$20,000 206 109,088
Household Income: $20,000-$25,000 216 110,810
Household Income: $25,000-$30,000 182 107,358
Household Income: $30,000-$35,000 230 95,631
Household Income: $35,000-$40,000 234 85,109
Household Income: $40,000-$45,000 281 87,909
Household Income: $45,000-$50,000 205 75,862
Household Income: $50,000-$60,000 282 148,320
Household Income: $60,000-$75,000 369 163,059
Household Income: $75,000-$100,000 320 176,726
Household Income: $100,000-$125,000 145 90,127
Household Income: $125,000-$150,000 52 44,159
Household Income: $150,000-$200,000 41 35,498
Household Income: $200,000-$250,000 12 11,432
Household Income: $250,000-$500,000 8 13,314
Household Income: $500,000+ 1 16,493
     

Median Income

Franklin Kentucky
Median Income: Age < 25 $31,806 $27,115
Median Income: Age 25-34 $43,676 $40,766
Median Income: Age 35-44 $45,341 $48,188
Median Income: Age 45-54 $49,744 $52,212
Median Income: Age 55-64 $40,250 $43,314
Median Income: Age 65-74 $33,561 $32,042
Median Income: Age 75+ $21,929 $26,170
     

Cost of Living Index

Franklin Kentucky
Total Household Expenditure 79 86
Contributions 71 82
Personal Insurance 72 82
Apparel 79 86
Education 70 81
Entertainment 78 86
Food And Beverages 82 88
Health Care 85 89
Household Furnishings And Equipment 76 84
Shelter 79 86
Household Operations 73 83
Miscellaneous Expenses 82 88
Personal Care 80 87
Reading 79 86
Tobacco 91 93
Transportation 81 87
Utilities 84 89
Gifts 73 83
     
Sales Tax Rate 6 %
     

Financial Characteristics

Franklin Kentucky
Median Household Net Worth $96,659 $118,660
Average Household Net Worth $338,431 $413,881
Median Value of Home Equity $139,255 $158,629
Median Mortgage Debt $261,684 $313,269
     

Net Worth

Franklin Kentucky
Net Worth: $0 or Less 436 204,198
Net Worth: $1-$5,000 500 233,717
Net Worth: $5,000-$10,000 248 117,540
Net Worth: $10,000-$25,000 424 203,264
Net Worth: $25,000-$50,000 452 219,638
Net Worth: $50,000-$100,000 555 271,766
Net Worth: $100,000-$250,000 630 314,471
Net Worth: $250,000-$500,000 242 121,285
Net Worth: Greater Than $500,000 121 63,371
     

Investments and Debt

Franklin Kentucky
Median Value of Transaction Accounts $19,534 $22,876
Median Value of Certificates of Deposit $5,893 $6,432
Median Value of Savings Bonds $885 $972
Median Value of Bonds (Not US Savings) $6,650 $9,058
Median Value of Stocks $23,116 $30,193
Median Value of Mutual Funds $20,020 $25,285
Median Value of Retirement Accounts $45,618 $56,096
Median Value of Cash Value Life Ins $4,423 $5,235
Median Value of Other Managed Accounts $11,450 $13,653
Median Value of Other Financial Assets $2,991 $3,743
Median Value of Any Financial Assets $140,581 $173,543
Median Value of Vehicles Owned $14,874 $16,191
Median Value of Investment Property Equity $25,616 $31,825
Median Value of Business Equity $17,767 $22,028
Median Value of Other Non-Financial Assets $60,445 $80,047
Median Value of Any Non-Financial Assets $3,727 $4,548
Median Installment Loan Debt $47,871 $54,782
Median Lines of Credit Debt $4,801 $6,182
Median Credit Card Debt $410 $522
Median Investment Real Estate Debt $7,671 $8,068
Median Other Debt $11,115 $13,054
Median Total Debts $116,533 $143,503
     

Occupation

Franklin Kentucky
     
Occupations: White Collar 3,048 1,391,334
Occupations: Blue Collar 1,176 451,086
     
Business Counts: Professional Specialty Occupations 577 278,032
Business Counts: Sales Professionals 94 43,824
Business Counts: Technologies and Technicians 121 72,396
Business Counts: Sales Workers and Clerks 461 173,079
Business Counts: Administrative Support 691 332,742
Business Counts: Technical, Sales and Administrative: Field Occupations 3 4,498
Business Counts: Private Household 0 115
Business Counts: Protective Services 62 25,899
Business Counts: Other Services: Site Based 599 255,847
Business Counts: Other Services: Field Based 29 9,828
Business Counts: Farming, Forestry, and Fishing 118 48,521
Business Counts: Precision, Craft, and Repair: Site Based 448 168,692
Business Counts: Construction, Repair and Mining: Field Based 105 53,761
Business Counts: Machine Operators, Assemblers and Inspectors 211 56,344
Business Counts: Transportation Materials Moving Workers 134 62,744
Business Counts: Handlers, Helpers and Laborers 160 61,024
     
Employees: Agricultural, Forestry, Fishing 48 18,815
Employees: Mining 0 16,006
Employees: Construction 94 76,032
Employees: Manufacturing 1,266 217,453
Employees: Transportation and Communications 117 82,357
Employees: Wholesale Trade 86 89,131
Employees: Retail Trade 1,013 399,049
Employees: Finance, Insurance and Real Estate 203 104,964
Employees: Services 1,119 692,808
Employees: Public Administration 277 145,807
     

Transportation & Commute

Franklin Kentucky
Median Travel Time to Work 13.03 18.96
Transportation to Work: Public 0 % 1 %
Transportation to Work: Drive / Carpool 95 % 93 %
Transportation to Work: Walk / Bike / Other 3 % 3 %
Transportation to Work: Work at Home 2 % 3 %
     

Crime Risk

Franklin Kentucky
Total Crime Risk 159 70
     
Personal Crime Risk 166 53
Murder Risk 146 78
Rape Risk 540 79
Robbery Risk 34 51
Assault Risk 40 50
     
Property Crime Risk 98 72
Burglary Risk 130 89
Larceny Risk 84 71
Motor Vehicle Theft Risk 73 50
     

Temperature & Rain

Franklin Kentucky
Average January High Temperature 42.9 42.06
Average January Low Temperature 26 23.2
Average July High Temperature 88.3 87.57
Average July Low Temperature 69.2 65.2
     
Annual Precipitation 53.29 48.09
     

Weather Risk Index

Franklin Kentucky
Weather Risk 80 57
Earthquake Risk 60 75
Hail Index 81 73
Hurricane Index 40 38
Tornado Index 121 73
Wind Index 160 109
     

Environmental Quality Index

Franklin Kentucky
Air Pollution Index 83 132
Ozone Index 109 102
Carbon Monoxide Index 85 109
Lead Index 67 255
NO2 Index 82 98
Particulate Matter Index 71 95
     
  
Data on community demographics, schools and recent sales provided by Onboard Informatics.
Copyright © 2009 Onboard Informatics Information is deemed reliable but not guaranteed.
Top 10 List
Highest Median Household Income
Zip
1
42134
$43,231
Median Value of Home Equity
Zip
1
42134
$150,916
Fastest Growing (change since 2000)
Zip
1
42134
4 %
Longest Commute
Zip
1
42134
15.13
Data on community demographics, schools and recent sales provided by OnBoard LLC.
Copyright © 2009 OnBoard LLC. Information is deemed reliable but not guaranteed.

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