Franklin County, Indiana Demographics 2026

Population Overview

Franklin County is located in Indiana with a total population of 22,929. It is the 67th most populous county out of 92 in Indiana. The county encompasses 3 Census-designated places.

Age Demographics

The median age in Franklin County is 42.3 years. This is 11% higher than the state median of 38.0 years.

Economy, Income & Housing

The median household income in Franklin County is $79,702. This is 14% higher than the state median of $70,051. Compared to the national median of $78,538, household income here is 1% higher. The poverty rate stands at 8.5%. This is 30% lower than the state poverty rate of 12.2%. The unemployment rate is 3.2%. This is 26% lower than the state rate of 4.3%. The median home value is $236,700. Housing costs are 17% higher than the state median of $201,600. The home-value-to-income ratio is 3.0x. 81.5% of occupied housing units are owner-occupied. This homeownership rate is 16% higher than the state average of 70.3%.

Race & Ethnicity

Franklin County has a predominantly White (non-Hispanic) population, comprising 96.0% of all residents. Hispanic or Latino residents account for 1.1%. The Black or African American population (0.1%) is well below the state average of 9.1%. The Hispanic or Latino population (1.1%) is well below the state average of 8.4%. The Asian population (0.7%) is well below the state average of 2.5%.

Education

19.5% of residents aged 25 and older hold a bachelor's degree or higher. This is 32% lower than the state rate of 28.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 88.7%.