Franklin County, Indiana Demographics 2026

Name: Franklin County, Indiana Demographics
Creator: U.S. Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

Franklin County, Indiana has a population of 23,020, the 67th most populous county in Indiana. The median household income is $78,074 and the median home value is $249,500. The poverty rate is 6.9%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Franklin County Quick Facts

Population 23,020

Median Household Income $78,074

Median Home Value $249,500

Poverty Rate 6.9%

Unemployment Rate 3.9%

Median Age 42.4 years

Homeownership Rate 81.5%

Affordability Ratio 3.2x

Bachelor's Degree+ 19.5%

High School Graduation 90.1%

Cities/Places 7

Population 23,020 67th of 92

Median Income $78,074 9% higher than state

Poverty Rate 6.9%

Unemployment 3.9%

How Franklin County Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric	2019–2023	2020–2024	Change
Population	22,929	23,020	+0.4%
Median household income	$79,702	$78,074	-2.0%
Median home value	$236,700	$249,500	+5.4%

Median Household Income

Franklin

$78,074

$71,957

National

$80,734

Median Home Value

Franklin

$249,500

$218,200

National

$332,700

Economy & Housing

Household Income Distribution

Under $25K 11.5%

$25K-$50K 17.3%

$50K-$100K 36.1%

$100K+ 35.2%

Detailed income brackets

Under $10K

2.3%

$10K-$15K

3.8%

$15K-$20K

3.7%

$20K-$25K

1.6%

$25K-$30K

4.0%

$30K-$35K

2.5%

$35K-$40K

4.4%

$40K-$45K

2.6%

$45K-$50K

3.7%

$50K-$60K

8.9%

$60K-$75K

11.1%

$75K-$100K

16.1%

$100K-$125K

11.4%

$125K-$150K

7.1%

$150K-$200K

6.6%

$200K+

10.0%

Employment

3.9% Unemployment Rate State: 4.3%|National: 5.2%

62.1% Labor Force Participation

Housing Overview

Owner 81.5%

Renter 18.5%

Affordability Index Affordable

3.2x home value to income ratio

Median gross rent $870/mo 13.4% of median household income annually

People & Demographics

Age Distribution

Under 18

22.0%

18-34

18.8%

35-54

24.2%

55-74

27.3%

75+

7.7%

Race & Ethnicity

Diversity Index

Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 41 | National average: 61

Education

Educational Attainment (Adults 25+)

Cities & Places in Franklin County

City	Population	Median Income	Poverty	Home Value
Brookville	2,643	$55,938	8.7%	$180,700
Oldenburg	770	$79,583	18.6%	$276,100
Metamora	491	N/A	0.0%	N/A
Laurel	444	$27,692	35.4%	$72,900
New Trenton	290	$36,818	0.0%	$152,800
Cedar Grove	252	$65,938	10.3%	$158,800
Mount Carmel	60	$63,500	6.7%	$131,300

Explore Indiana Rankings

Cities by Population All cities ranked by size Richest Cities Ranked by median income Most Educated By bachelor's degree rate Most Affordable By housing affordability

Population Overview

Franklin County is located in Indiana with a total population of 23,020. It is the 67th most populous county out of 92 in Indiana. The county encompasses 7 Census-designated places.

Age Demographics

The median age in Franklin County is 42.4 years. This is 11% higher than the state median of 38.1 years.

Economy, Income & Housing

The median household income in Franklin County is $78,074. This is 9% higher than the state median of $71,957. It is also 3% lower than the national median of $80,734. The poverty rate stands at 6.9%. This is 44% lower than the state poverty rate of 12.3%. The unemployment rate is 3.9%. This is 8% lower than the state rate of 4.3%. The median home value is $249,500. Housing costs are 14% higher than the state median of $218,200. The home-value-to-income ratio is 3.2x. 81.5% of occupied housing units are owner-occupied. This homeownership rate is 16% higher than the state average of 70.5%.

Race & Ethnicity

Franklin County has a predominantly White (non-Hispanic) population, comprising 95.7% of all residents. Hispanic or Latino residents account for 1.2%. The Black or African American population (0.1%) is well below the state average of 9.1%. The Hispanic or Latino population (1.2%) is well below the state average of 8.6%. The Asian population (0.9%) is well below the state average of 2.6%.

Education

19.5% of residents aged 25 and older hold a bachelor's degree or higher. This is 34% lower than the state rate of 29.5%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 90.1%.

Data Sources & Methodology

All figures for Franklin County come from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates, with comparisons drawn against Indiana and national averages from the same dataset. See our methodology page for how each metric is defined, or data.census.gov for official tables with margins of error.

Frequently Asked Questions

What is the population of Franklin County, Indiana?

Franklin County has a population of 23,020, making it the 67th most populous county in Indiana.

What is the median income in Franklin County?

The median household income in Franklin County is $78,074 with a poverty rate of 6.9%.

How many cities are in Franklin County, Indiana?

Franklin County contains 7 Census-designated places.