Kentucky · Census place 28918
Franklin city, KY
Quick answer
Franklin city has 10,254 residents, ranking #43 of 554 places in Kentucky. Median household income is $55,552, the median home is worth $170,400 and median gross rent runs $1,034 a month.
- Population
- 10,254Franklin city residents
- Median household income
- $55,552Past 12 months, inflation adjusted
- Median home value
- $170,400Owner-occupied units
- Median gross rent
- $1,034Rent plus utilities, monthly
- Median age
- 34.4 yrsAll residents
- Homeownership rate
- 53.2%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 22.3% 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 3.1× the median household income; nationally that ratio sits near 4.5×. Poverty affects 17.4% of residents and 53.2% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Kentucky.
- Alexandria city 10,430
- Versailles city 10,382
- Francisville CDP 10,313
- La Grange city 10,188
- Paris city 10,107
- Mayfield city 9,905
- Middletown city 9,622
Keep going
More Kentucky coverage.