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Franklin city, Kentucky Demographics & Population 2026

As of 2026, Franklin city, Kentucky has a total population of 10,254, the 43rd largest city in Kentucky, with a median household income of $55,552, which is 11% lower than the state average. The poverty rate is 17.4%.

Franklin city Quick Facts

Population 10,254
Median Household Income $55,552
Median Home Value $170,400
Poverty Rate 17.4%
Unemployment Rate 5.5%
Median Age 34.4 years
Homeownership Rate 53.2%
Affordability Ratio 3.1x
Bachelor's Degree or Higher 13.4%
High School Graduation Rate 87.0%
Diversity Index 35/100
Population 10,254 43rd of 552
Median Income $55,552 average
Poverty Rate 17.4% 40% higher national
Median Home Value $170,400 above average

How Franklin city Compares

Economy & Housing

Employment

5.5% Unemployment Rate State: 4.8% | National: 5.2%
53.7% Labor Force Participation

Housing Overview

Owner 53.2%
Renter 46.8%
Affordability Index Affordable
3.1x home value to income ratio

People & Demographics

Diversity Index

35out of 100
Low Diversity

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

State average: 31 | National average: 60

Education

Franklin city Rankings in Kentucky

#43 Population of 552
#254 Median Income of 552
#344 Education of 552
#189 Home Value of 552

Cities Similar to Franklin city

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Versailles city10,382$58,834$257,60036.2%16.9%
Paris city10,107$49,464$182,10021.9%16.8%
Fort Campbell North CDP11,483$58,403N/A17.0%10.4%
Lyndon city10,956$65,392$273,30044.5%7.8%
Elsmere city9,151$61,427$157,20024.2%14.7%

Population Overview

Franklin city is a small city located in Kentucky. The total population is 10,254. It ranks as the 43rd most populous out of 552 cities and towns in Kentucky.

Age Demographics

The median age in Franklin city is 34.4 years. This is 12% lower than the state median of 39.1 years.

Economy, Income & Housing

The median household income in Franklin city is $55,552. This is 11% lower than the state median of $62,417. Compared to the national median of $78,538, household income here is 29% lower. The poverty rate stands at 17.4%. This is 8% higher than the state poverty rate of 16.1%. The unemployment rate is 5.5%. This is 14% higher than the state rate of 4.8%. The median home value is $170,400. Housing costs are 11% lower than the state median of $192,300. The home-value-to-income ratio is 3.1x. 53.2% of occupied housing units are owner-occupied. This homeownership rate is 22% lower than the state average of 68.3%.

Race & Ethnicity

The largest racial or ethnic group in Franklin city is White (non-Hispanic), making up 79.4% of the population. Black or African American residents account for 8.8%. The Asian population (0.2%) is well below the state average of 1.5%.

Education

13.4% of residents aged 25 and older hold a bachelor's degree or higher. This is 50% lower than the state rate of 27.0%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 87.0%.

Data Sources & Methodology

All demographic data for Franklin city, Kentucky is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Kentucky state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 552 Census-designated places in Kentucky. For official data, visit data.census.gov.

Free data download: Get all Kentucky city and county demographics as CSV. Download Cities CSV | Download Counties CSV

Frequently Asked Questions

What is the population of Franklin city, Kentucky?

Franklin city, Kentucky has a population of 10,254 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Franklin city, KY?

The median household income in Franklin city is $55,552, which is 29% lower the national median of $78,538.

What is the poverty rate in Franklin city, KY?

The poverty rate in Franklin city is 17.4%. This means approximately 1,706 residents live below the federal poverty line.

What is the racial makeup of Franklin city, Kentucky?

Franklin city's population is 79.4% White, 8.8% Black, 5.0% Hispanic/Latino, and 0.2% Asian.

What is the median home value in Franklin city, KY?

The median home value in Franklin city is $170,400. The home-value-to-income ratio is 3.1x.

How educated is Franklin city, Kentucky?

13.4% of adults (25+) in Franklin city hold a bachelor's degree or higher, and 5.3% hold a graduate or professional degree.