Franklin County TN Information

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Franklin County Subdivisions

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  1. Franklin County 2019 Demographic Data
  2. Growth Rates forFranklin County (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Tennessee Research Tools (Easy Tools & Current Data)
  3. Tennessee Data Comparison Tool - 2019 Demographics

Franklin County TN Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Franklin County TN Housing Affordability Index is 161
State of Tennessee Housing Affordability Index is 143
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.

WEALTH INDEX

Franklin County TN Wealth Index is 79
State of Tennessee Wealth Index is 81
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

These new demographic attributes are availiable for Neighborhoods, Cities, Counties, and ZIP Codes.

More Tools and Resources:

  1. For information about schools and school attendance zones, use the HTL Address Tool
  2. Our new HTL Neighborhood Explorer provides lots of detail about any neighborhood.
  3. The new 2-Minute Introduction and Concise Guide to Big Data which will help you make the most effective use of HomeTownLocator Tools.
  4. See the References & Data Sources page for more information about methodology and sources of data.
  5. See the Tennessee COVID-19 Data and US COVID-19 Data for more information on the spread of the novel coronavirus.

POPULATION

Total Population 42,576
Population in Households 40,490
Population in Families 33,824
Population in Group Qrtrs 2,086
Population Density 77
Diversity Index1 25
 

INCOME

Median Household Income $48,190
Average Household Income $65,811
Per Capita Income $25,726
Wealth Index3 79

HOUSING

Total Housing Units 19,790 (100%)
Owner Occupied HU 12,160 (61.4%)
Renter Occupied HU 4,427 (22.4%)
Vacant Housing Units 3,203 (16.2%)
Median Home Value $148,584
Housing Affordability Index2 161
 

HOUSEHOLDS

Total Households 16,587
Average Household Size 2.44
Family Households 11,685
Average Family Size 3
NOTES
  1. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  2. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  3. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2019 2019-2024
Population 0.39% 0.39%
Households 0.38% 0.45%
Families 0.24% 0.35%
Median Household Income   1.55%
Per Capita Income   2.26%

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Franklin County TN - Peer Comparisons by Rank and Percentile

The table below compares Franklin County to the other 95 counties and county equivalents in Tennessee by rank and percentile using July 1, 2019 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 37 62nd
Population Density # 45 54th
Diversity Index # 38 61st
Median Household Income # 28 72nd
Per Capita Income # 24 76th

Additional comparisons and rankings can be made with a VERY EASY TO USE Tennessee Census Data Comparison Tool.

Quick & Easy Ways to...

  1. Get Current Demographic Data for Cities, Towns, and ZIP Codes
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