Franklin County, Tennessee Demographics 2026

Demographic data: ACS 2020–2024 five-year estimates. Sources and methodology

Franklin County, Tennessee has a population of 43,990, the 36th most populous county in Tennessee. The median household income is $63,494 and the median home value is $236,900. The poverty rate is 12.0%.

Franklin County Quick Facts

Population 43,990

Median Household Income $63,49490% MOE ±$4,240

Median Home Value $236,90090% MOE ±$7,988

Poverty Rate 12.0%90% MOE ±1.9 pts

Unemployment Rate 2.9%90% MOE ±0.8 pts

Median Age 42.2 years90% MOE ±0.8 years

Homeownership Rate 77.4%90% MOE ±2.5 pts

Affordability Ratio 3.7x

Bachelor's Degree+ 23.9%90% MOE ±2.1 pts

Adults 25+ with high school education or higher 91.8%

Cities/Places 9

Population 43,990 36th of 95

Median Income $63,494 9% lower than state

Poverty Rate 12.0%

Unemployment 2.9%

How Franklin County Changed

Change from the non-overlapping 2015–2019 ACS period to 2020–2024. Earlier dollar figures are adjusted to 2024 dollars; changes marked “no clear change” are within the combined 90% margins of error.

Metric	2015–2019	2020–2024	Change
Population	41,725	43,990	+5.4%
Median household income	$63,486	$63,494	No clear change (+0.0%)
Median home value¹	$171,315	$236,900	+38.3%
Median gross rent	$834	$894	No clear change (+7.1%)

¹ The Census Bureau changed its home-value inflation adjustment beginning with the 2022 ACS; interpret that comparison with additional caution.

Median Household Income

Franklin

$63,494

$69,595

National

$80,734

Median Home Value

Franklin

$236,900

$286,700

National

$332,700

Economy & Housing

Household Income Distribution

Under $25K 16.0%

$25K-$50K 24.3%

$50K-$100K 31.3%

$100K+ 28.5%

Detailed income brackets

Under $10K

5.1%

$10K-$15K

3.3%

$15K-$20K

3.9%

$20K-$25K

3.7%

$25K-$30K

5.5%

$30K-$35K

3.7%

$35K-$40K

5.0%

$40K-$45K

5.5%

$45K-$50K

4.5%

$50K-$60K

7.5%

$60K-$75K

12.4%

$75K-$100K

11.4%

$100K-$125K

8.7%

$125K-$150K

6.5%

$150K-$200K

7.7%

$200K+

5.5%

Employment

2.9% Unemployment Rate State: 4.7%|National: 5.2%

56.6% Labor Force Participation

Housing Overview

Owner 77.4%

Renter 22.6%

Affordability Index Affordable

3.7x home value to income ratio

Median gross rent $894/mo 16.9% of median household income annually

People & Demographics

Age Distribution

Under 18

19.6%

18-34

22.7%

35-54

23.0%

55-74

26.3%

75+

8.5%

Race & Ethnicity

Diversity Index

Very Low Diversity

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

State average: 46 | National average: 61

Education

Educational Attainment (Adults 25+)

Cities & Places in Franklin County

City	Population	Median Income	Poverty	Home Value
Winchester	9,799	$62,782	13.5%	$216,900
Decherd	2,976	$37,575	18.8%	$144,600
Sewanee	2,936	$136,111	12.0%	$465,500
Estill Springs	2,695	$59,205	13.6%	$204,000
Cowan	1,934	$46,406	30.8%	$174,500
Monteagle	1,926	$63,438	13.0%	$309,500
Huntland	1,532	$66,308	11.6%	$183,100
Belvidere	82	N/A	0.0%	N/A
Sherwood	43	N/A	0.0%	N/A

Explore Tennessee Rankings

Cities by Population All cities ranked by size Richest Cities Ranked by median income Most Educated By bachelor's degree rate Most Affordable By housing affordability

Population Overview

Franklin County is located in Tennessee with a total population of 43,990. It is the 36th most populous county out of 95 in Tennessee. The county encompasses 9 Census-designated places.

Age Demographics

The median age in Franklin County is 42.2 years. This is 8% higher than the state median of 38.9 years.

Economy, Income & Housing

The median household income in Franklin County is $63,494. This is 9% lower than the state median of $69,595. It is also 21% lower than the national median of $80,734. The poverty rate stands at 12.0%. This is 13% lower than the state poverty rate of 13.8%. The unemployment rate is 2.9%. This is 39% lower than the state rate of 4.7%. The median home value is $236,900. Housing costs are 17% lower than the state median of $286,700. The home-value-to-income ratio is 3.7x. 77.4% of occupied housing units are owner-occupied. This homeownership rate is 16% higher than the state average of 66.9%.

Race & Ethnicity

Franklin County has a predominantly White (non-Hispanic) population, comprising 87.4% of all residents. Black or African American residents account for 4.9%. The Black or African American population (4.9%) is well below the state average of 15.4%. The Asian population (0.9%) is well below the state average of 1.9%.

Education

23.9% of residents aged 25 and older hold a bachelor's degree or higher. This is 23% lower than the state rate of 31.1%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 91.8%.

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 Tennessee 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, Tennessee?

Franklin County has a population of 43,990, 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 $63,494 with a poverty rate of 12.0%.

How many cities are in Franklin County, Tennessee?

Franklin County contains 9 Census-designated places.