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Franklin, TX

Comprehensive demographics, housing data, local amenities, and economic statistics for Franklin.

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Community Insights

High Incomes
$91k/year
top 24% nationally
Leading Industries
Transportation · Information & Media · Manufacturing
8% transportation
Home Value Growth⬆⬆
+11.7% over 2 years
Family-Friendly
28% of residents
well above average
Homeowners
70% of occupied units

People & Demographics

Total Population1,818
Households
Under 18
28.0%
Age 18–34
25.0%
Age 35–64
24.0%
Age 65+
23.0%
Veterans
8.0%
Active Duty
0.0%

Housing & Living

Median Home Value$305,000
Median Gross Rent$979/mo
Owner Occupied
70.4%
Renter Occupied
29.6%
Detached Homes
Built Pre-1940

Economy & Income

Median Household Income$91,053
Poverty Rate

Key Industries

Healthcare6.0%
Professional Services0.0%
Manufacturing6.0%
Retail2.0%
Education3.0%

Amenities & Transit

Transit Score28 / 100
Walkability / Amenities46 / 100
Commute < 15m
Commute 60m+

Education

High School Grad
Bachelor's Degree
18.0%
Master's or Higher
6.0%
School Enrollment

Frequently Asked Questions

What is the population and demographic makeup of Franklin?

The total population of Franklin is approximately 1,818. The community has a large population of children and families. This demographic data is sourced from the U.S. Census Bureau.

Is Franklin walkable and transit-friendly?

Based on local geographic data, Franklin has an amenity and walkability score of 46/100 and a transit score of 28/100. This indicates moderate access to local amenities and transportation.

Do more people rent or own homes in Franklin?

The housing market in Franklin is predominantly driven by homeowners, with 70% of housing units being owner-occupied and 30% being renter-occupied.

What is the education level of residents in Franklin?

In Franklin, approximately 18% of adult residents hold a bachelor's degree or higher. Additionally, 6% of the population holds a master's degree or higher. This indicates the local educational attainment compared to state and national averages.