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Franklin County, Kentucky Demographics 2026

Franklin County, Kentucky has a population of 51,842, the 19th most populous county in Kentucky. The median household income is $65,298 and the median home value is $216,600. The poverty rate is 13.6%.

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

Franklin County Quick Facts

Population 51,842
Median Household Income $65,298
Median Home Value $216,600
Poverty Rate 13.6%
Unemployment Rate 5.9%
Median Age 40.8 years
Homeownership Rate 64.5%
Affordability Ratio 3.3x
Bachelor's Degree+ 31.9%
High School Graduation 92.8%
Cities/Places 1
Population 51,842 19th of 120
Median Income $65,298 2% higher than state
Poverty Rate 13.6%
Unemployment 5.9%

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.

Metric2019–20232020–2024Change
Population51,56351,842+0.5%
Median household income$66,470$65,298-1.8%
Median home value$198,700$216,600+9.0%

Economy & Housing

Household Income Distribution

Under $25K 16.6%
$25K-$50K 21.3%
$50K-$100K 29.5%
$100K+ 32.6%
Detailed income brackets
Under $10K
5.0%
$10K-$15K
4.1%
$15K-$20K
3.8%
$20K-$25K
3.7%
$25K-$30K
3.6%
$30K-$35K
4.6%
$35K-$40K
3.9%
$40K-$45K
5.1%
$45K-$50K
4.2%
$50K-$60K
7.6%
$60K-$75K
9.1%
$75K-$100K
12.9%
$100K-$125K
11.3%
$125K-$150K
8.1%
$150K-$200K
7.0%
$200K+
6.1%

Employment

5.9% Unemployment Rate State: 4.9%|National: 5.2%
62.4% Labor Force Participation

Housing Overview

Owner 64.5%
Renter 35.5%
Affordability Index Affordable
3.3x home value to income ratio
Median gross rent $967/mo 17.8% of median household income annually

People & Demographics

Diversity Index

34out of 100
Low Diversity

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

State average: 33 | National average: 61

Education

Cities & Places in Franklin County

CityPopulationMedian IncomePovertyHome Value
Frankfort28,503$53,07319.1%$183,700

Population Overview

Franklin County is located in Kentucky with a total population of 51,842. It is the 19th most populous county out of 120 in Kentucky. The county encompasses 1 Census-designated place.

Age Demographics

The median age in Franklin County is 40.8 years. This is 4% higher than the state median of 39.1 years.

Economy, Income & Housing

The median household income in Franklin County is $65,298. This is 2% higher than the state median of $63,726. It is also 19% lower than the national median of $80,734. The poverty rate stands at 13.6%. This is 15% lower than the state poverty rate of 16.1%. The unemployment rate is 5.9%. This is 21% higher than the state rate of 4.9%. The median home value is $216,600. Housing costs are 5% higher than the state median of $205,600. The home-value-to-income ratio is 3.3x. 64.5% 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 80.5% of the population. Black or African American residents account for 9.2%.

Education

31.9% of residents aged 25 and older hold a bachelor's degree or higher. This is 16% higher than the state rate of 27.6%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 92.8%.

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 Kentucky 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, Kentucky?

Franklin County has a population of 51,842, 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 $65,298 with a poverty rate of 13.6%.

How many cities are in Franklin County, Kentucky?

Franklin County contains 1 Census-designated place.