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Franklin, CT

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

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Community Insights

High Incomes
$109k/year
top 27% nationally
Leading Industries
Information & Media · Wholesale Trade · Finance & Insurance
8% information & media
Home Value Growth⬆⬆⬆
+26.8% over 2 years
Young Adults
28% of residents
near the national average
Homeowners
80% of occupied units

People & Demographics

Total Population16,858
Households—
Under 18
22.0%
Age 18–34
28.0%
Age 35–64
31.0%
Age 65+
19.0%
Veterans
7.0%
Active Duty
0.0%

Housing & Living

Median Home Value$384,957
Median Gross Rent$1,267/mo
Owner Occupied
80.5%
Renter Occupied
19.5%
Detached Homes
—
Built Pre-1940
—

Economy & Income

Median Household Income$109,145
Poverty Rate—

Key Industries

Healthcare10.0%
Professional Services1.0%
Manufacturing0.0%
Retail10.0%
Education2.0%

Amenities & Transit

Transit Score—
Walkability / Amenities—
Commute < 15m
—
Commute 60m+
—

Education

High School Grad
—
Bachelor's Degree
16.0%
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 16,858. The largest age group is 35-64 year olds. This demographic data is sourced from the U.S. Census Bureau.

Do more people rent or own homes in Franklin?›

The housing market in Franklin is predominantly driven by homeowners, with 80% of housing units being owner-occupied and 20% being renter-occupied.

What is the education level of residents in Franklin?›

In Franklin, approximately 16% 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.