Franklin is a medium-sized city located in the state of Indiana. With a population of 25,908 people and six associated neighborhoods, Franklin is the 40th largest community in Indiana.
Franklin real estate is some of the most expensive in Indiana, although Franklin house values don't compare to the most expensive real estate in the U.S.
Of important note, Franklin is also a city of artists. Franklin has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Franklin’s character.
Also of interest is that Franklin has more people living here who work in computers and math than 95% of the places in the US.
Telecommuters are a relatively large percentage of the workforce: 10.06% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
The citizens of Franklin are slightly better educated than the national average of 21.84% for all cities and towns, with 24.60% of adults in Franklin having a bachelor's degree or advanced degree.
The per capita income in Franklin in 2022 was $34,379, which is upper middle income relative to Indiana, and middle income relative to the rest of the US. This equates to an annual income of $137,516 for a family of four. However, Franklin contains both very wealthy and poor people as well.
The people who call Franklin home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Franklin residents report their race to be White, followed by Black or African-American. Important ancestries of people in Franklin include German, English, Irish, Italian, and Scottish.
The most common language spoken in Franklin is English. Other important languages spoken here include Spanish and Thai.