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Franklin County, Tennessee Demographics 2026

Franklin County, Tennessee has a population of 43,478, the 36th most populous county in Tennessee. The median household income is $61,553 and the median home value is $215,700. The poverty rate is 12.7%.

Franklin County Quick Facts

Population 43,478
Median Household Income $61,553
Median Home Value $215,700
Poverty Rate 12.7%
Unemployment Rate 2.9%
Median Age 42.7 years
Homeownership Rate 76.4%
Affordability Ratio 3.5x
Bachelor's Degree+ 23.1%
High School Graduation 90.8%
Cities/Places 0
Population 43,478 36th of 95
Median Income $61,553 8% lower state
Poverty Rate 12.7%
Unemployment 2.9%

Economy & Housing

Employment

2.9% Unemployment Rate State: 4.7% | National: 5.2%
57.2% Labor Force Participation

Housing Overview

Owner 76.4%
Renter 23.6%
Affordability Index Affordable
3.5x home value to income ratio

People & Demographics

Diversity Index

23out of 100
Very Low Diversity

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

State average: 46 | National average: 60

Education

Population Overview

Franklin County is located in Tennessee with a total population of 43,478. It is the 36th most populous county out of 95 in Tennessee.

Age Demographics

The median age in Franklin County is 42.7 years. This is 10% higher than the state median of 38.9 years.

Economy, Income & Housing

The median household income in Franklin County is $61,553. This is 8% lower than the state median of $67,097. Compared to the national median of $78,538, household income here is 22% lower. The poverty rate stands at 12.7%. This is 8% lower than the state poverty rate of 13.8%. The unemployment rate is 2.9%. This is 40% lower than the state rate of 4.7%. The median home value is $215,700. Housing costs are 16% lower than the state median of $256,800. The home-value-to-income ratio is 3.5x. 76.4% of occupied housing units are owner-occupied. This homeownership rate is 14% higher than the state average of 67.0%.

Race & Ethnicity

Franklin County has a predominantly White (non-Hispanic) population, comprising 87.7% of all residents. Black or African American residents account for 4.6%. The Black or African American population (4.6%) is well below the state average of 15.7%. The Asian population (0.8%) is well below the state average of 1.8%.

Education

23.1% of residents aged 25 and older hold a bachelor's degree or higher. This is 24% lower than the state rate of 30.4%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 90.8%.

Frequently Asked Questions

What is the population of Franklin County, Tennessee?

Franklin County has a population of 43,478, making it the 36th most populous county in Tennessee.

What is the median income in Franklin County?

The median household income in Franklin County is $61,553 with a poverty rate of 12.7%.

How many cities are in Franklin County, Tennessee?

Franklin County contains 0 Census-designated places.