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Franklin, Ohio Demographics & Population 2026

During the 2020–2024 ACS period, Franklin, Ohio had a total population of 11,712, the 160th largest city in Ohio, with a median household income of $58,587, which is 18% lower than the state average. The poverty rate is 22.5%.

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

Franklin Quick Facts

Population 11,712
Median Household Income $58,587
Median Home Value $183,100
Poverty Rate 22.5%
Unemployment Rate 4.6%
Median Age 35.2 years
Homeownership Rate 60.7%
Affordability Ratio 3.1x
Bachelor's Degree or Higher 15.8%
High School Graduation Rate 90.6%
Diversity Index 26/100
Population 11,712 160th of 1,264
Median Income $58,587 below average
Poverty Rate 22.5% 81% higher than national
Median Home Value $183,100 above average

How Franklin 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
Population11,67011,712+0.4%
Median household income$58,134$58,587+0.8%
Median home value$170,800$183,100+7.2%

How Franklin Compares

Economy & Housing

Household Income Distribution

Under $25K 19.1%
$25K-$50K 22.9%
$50K-$100K 32.3%
$100K+ 25.7%
Detailed income brackets
Under $10K
7.9%
$10K-$15K
2.5%
$15K-$20K
4.6%
$20K-$25K
4.1%
$25K-$30K
4.1%
$30K-$35K
5.6%
$35K-$40K
5.4%
$40K-$45K
3.5%
$45K-$50K
4.3%
$50K-$60K
9.6%
$60K-$75K
5.9%
$75K-$100K
16.8%
$100K-$125K
9.8%
$125K-$150K
5.4%
$150K-$200K
7.1%
$200K+
3.4%

Employment

4.6% Unemployment Rate State: 4.8%|National: 5.2%
59.0% Labor Force Participation

Housing Overview

Owner 60.7%
Renter 39.3%
Affordability Index Affordable
3.1x home value to income ratio
Median gross rent $981/mo 20.1% of median household income annually

People & Demographics

Diversity Index

26out of 100
Low Diversity

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

State average: 41 | National average: 61

Education

Franklin Rankings in Ohio

#160 Population of 1,264
#779 Median Income of 1,191
#739 Education of 1,264
#437 Home Value of 1,206

Other Cities in Warren County

CityPopulationMedian IncomePovertyHome Value
Mason 35,509 $125,401 3.6% $426,200
Lebanon 21,501 $83,685 8.7% $290,200
Landen 7,499 $109,434 4.5% $311,000
South Lebanon 6,712 $104,511 6.4% $319,200
Blanchester 4,538 $54,583 13.2% $195,700
Hunter 3,551 $127,411 3.0% $251,700
Waynesville 2,777 $79,048 12.4% $269,500
Morrow 2,523 $82,260 6.6% $302,900
Maineville 2,070 $92,979 9.5% $287,400
Five Points 2,031 $144,293 1.9% $515,300

Cities Similar to Franklin

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Bucyrus11,594$54,349$128,60012.5%14.9%
Ravenna11,274$59,971$139,70020.6%19.1%
Conneaut12,357$61,741$132,40016.2%19.4%
Wilmington12,620$57,199$174,40021.2%17.5%
Fostoria12,344$54,151$87,2009.9%16.4%

Population Overview

Franklin is a small city located in Ohio, within Warren County. The total population is 11,712. It ranks as the 160th most populous out of 1,264 Census-designated places in Ohio.

Age Demographics

The median age in Franklin is 35.2 years. This is 11% lower than the state median of 39.7 years.

Economy, Income & Housing

The median household income in Franklin is $58,587. This is 18% lower than the state median of $71,389. It is also 27% lower than the national median of $80,734. The poverty rate stands at 22.5%. This is 69% higher than the state poverty rate of 13.3%. With more than one in five residents living below the poverty line, economic hardship is a significant challenge for the community. The unemployment rate is 4.6%. This is 4% lower than the state rate of 4.8%. The median home value is $183,100. Housing costs are 15% lower than the state median of $214,800. The home-value-to-income ratio is 3.1x. 60.7% of occupied housing units are owner-occupied. This homeownership rate is 10% lower than the state average of 67.2%.

Race & Ethnicity

Franklin has a predominantly White (non-Hispanic) population, comprising 85.5% of all residents. Hispanic or Latino residents account for 4.9%. The Black or African American population (2.9%) is well below the state average of 12.0%.

Education

15.8% of residents aged 25 and older hold a bachelor's degree or higher. This is 50% lower than the state rate of 31.5%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 90.6%.

Data Sources & Methodology

All demographic data for Franklin, Ohio is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Ohio state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,264 Census-designated places in Ohio. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Franklin, Ohio?

Franklin, Ohio has a population of 11,712 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Franklin, OH?

The median household income in Franklin is $58,587, which is 27% lower than the national median of $80,734.

What is the poverty rate in Franklin, OH?

The poverty rate in Franklin is 22.5%. This means approximately 2,614 residents live below the federal poverty line.

What is the racial makeup of Franklin, Ohio?

Franklin's population is 85.5% White, 2.9% Black, 4.9% Hispanic/Latino, and 3.7% Asian.

What is the median home value in Franklin, OH?

The median home value in Franklin is $183,100. The home-value-to-income ratio is 3.1x.

How educated is Franklin, Ohio?

15.8% of adults (25+) in Franklin hold a bachelor's degree or higher, and 4.9% hold a graduate or professional degree.