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Franklin County, Kentucky Demographics 2026

Franklin County, Kentucky has a population of 51,563, the 19th most populous county in Kentucky. The median household income is $66,470 and the median home value is $198,700. The poverty rate is 13.4%.

Franklin County Quick Facts

Population 51,563
Median Household Income $66,470
Median Home Value $198,700
Poverty Rate 13.4%
Unemployment Rate 5.6%
Median Age 40.6 years
Homeownership Rate 64.4%
Affordability Ratio 3.0x
Bachelor's Degree+ 31.8%
High School Graduation 92.5%
Cities/Places 0
Population 51,563 19th of 120
Median Income $66,470 6% higher state
Poverty Rate 13.4%
Unemployment 5.6%

Economy & Housing

Employment

5.6% Unemployment Rate State: 4.8% | National: 5.2%
61.7% Labor Force Participation

Housing Overview

Owner 64.4%
Renter 35.6%
Affordability Index Affordable
3.0x home value to income ratio

People & Demographics

Diversity Index

33out 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

Population Overview

Franklin County is located in Kentucky with a total population of 51,563. It is the 19th most populous county out of 120 in Kentucky.

Age Demographics

The median age in Franklin County is 40.6 years. This is 4% higher than the state median of 39.1 years.

Economy, Income & Housing

The median household income in Franklin County is $66,470. This is 6% higher than the state median of $62,417. Compared to the national median of $78,538, household income here is 15% lower. The poverty rate stands at 13.4%. This is 17% lower than the state poverty rate of 16.1%. The unemployment rate is 5.6%. This is 17% higher than the state rate of 4.8%. The median home value is $198,700. Housing costs are 3% higher than the state median of $192,300. The home-value-to-income ratio is 3.0x. 64.4% of occupied housing units are owner-occupied. This homeownership rate is 6% lower than the state average of 68.3%.

Race & Ethnicity

The largest racial or ethnic group in Franklin County is White (non-Hispanic), making up 80.9% of the population. Black or African American residents account for 9.2%.

Education

31.8% of residents aged 25 and older hold a bachelor's degree or higher. This is 18% higher 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 92.5%.

Frequently Asked Questions

What is the population of Franklin County, Kentucky?

Franklin County has a population of 51,563, making it the 19th most populous county in Kentucky.

What is the median income in Franklin County?

The median household income in Franklin County is $66,470 with a poverty rate of 13.4%.

How many cities are in Franklin County, Kentucky?

Franklin County contains 0 Census-designated places.