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ZipNumbers

Indiana · Census place 25450

Franklin city, IN

Quick answer

Franklin city has 25,999 residents, ranking #40 of 976 places in Indiana. Median household income is $77,305, the median home is worth $212,500 and median gross rent runs $1,127 a month.

Population
25,999Franklin city residents
Median household income
$77,305Past 12 months, inflation adjusted
Median home value
$212,500Owner-occupied units
Median gross rent
$1,127Rent plus utilities, monthly
Median age
34 yrsAll residents
Homeownership rate
66.4%Owner-occupied households

What the numbers mean in Franklin city

Housing cost measured against local earnings.

A household earning the Franklin city median would spend about 17.5% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 2.7× the median household income; nationally that ratio sits near 4.5×. Poverty affects 11.3% of residents and 66.4% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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