Where does this demographic data come from?

All demographic data comes from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates, which samples about 3.5 million households annually. The 5-year estimates provide the most reliable data for small geographies like municipalities.

What is the difference between Census data and ACS data?

The decennial Census (conducted every 10 years) is a full population count focusing on basic demographics. The ACS is an ongoing survey that collects detailed data on income, education, housing, commute patterns, and more. ACS data is updated annually but represents averages over a 5-year period.

How accurate is this data for small towns?

For smaller municipalities, ACS estimates have wider margins of error because fewer residents are sampled. The 5-year estimates reduce this uncertainty by averaging over a longer period. For towns under 5,000 people, treat specific numbers as approximations rather than precise counts.

MyTownView

Franklin, TN

MSANashville-Murfreesboro-Franklin#3/54 Population

Census

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Demographicsi2024 ACS 5-Year EstimatesCensus

87,133population

38.6median age

This community is a community of 87,133 with a median age of 38.6. The population is predominantly White (74.4%) with a significant Asian community (8.2%). Median household income is $119,528. 95.5% of adults hold a high school diploma or higher, and 64.5% have a bachelor's degree. The homeownership rate is 63.8%, with a median home value of $705,400.

Race & Ethnicityi

White

74.4%64,787

Asian

8.2%7,133

Hispanic/Latino

8.1%7,052

Black

5.3%4,575

Two or More

3.6%3,095

Other

0.5%430

American Indian/Alaska Native

0.1%61

Educational Attainment (Age 25+)i

GED/Alternative

1.5%862

High School Diploma

10.1%6,023

Some College (<1 yr)

4.8%2,858

Some College (1+ yr)

8.9%5,307

Associate's Degree

5.8%3,431

Bachelor's Degree

39.7%23,588

Master's Degree

18.6%11,059

Professional Degree

3.9%2,337

Doctorate

2.2%1,325

HS or Higher

95.5%

BA or Higher

64.5%

Graduate+

24.8%

Housingi

$705,400median home value

$1,923median rent

63.8%homeownership

36,239total units

6.2%vacancy

Tenure

Owner 63.8%

Renter 36.2%

Home Values

Under $50K

1.2%270

$50K–$100K

0.8%174

$100K–$150K

0.3%73

$150K–$200K

0.8%184

$200K–$300K

2.5%551

$300K–$500K

16.9%3,663

$500K–$1M

58.6%12,706

$1M+

18.7%4,066

Rent Distribution

Under $500

306

$500–$750

307

$750–$1,000

183

$1,000–$1,250

339

$1,250–$1,500

718

$1,500–$2,000

4,936

$2,000+

5,265

Year Built

2020 or later

4.1%1,478

2010–2019

28.1%10,193

2000–2009

21.3%7,721

1990–1999

23.1%8,361

1980–1989

10.7%3,879

1970–1979

5.7%2,070

1960–1969

2.2%785

1950–1959

2.1%745

1940–1949

0.7%253

1939 or earlier

2.1%754

Heating Fuel

Utility Gas

50.4%17,124

Electricity

48.8%16,581

Bottled/LP Gas

0.6%194

No Fuel

0.2%63

Other

0.1%21

Solar

0%15

Household Economyi

$119,528median household income

$61,761per capita income

4.6%poverty rate

2.2%unemployment

47,589labor force

Household Income Distribution

Under $10K

2%690

$10K–$15K

1.3%432

$15K–$20K

1%346

$20K–$25K

1.8%626

$25K–$30K

2.1%700

$30K–$35K

1.9%652

$35K–$40K

1.9%645

$40K–$45K

2.6%883

$45K–$50K

3.2%1,073

$50K–$60K

5%1,689

$60K–$75K

8%2,711

$75K–$100K

10.8%3,686

$100K–$125K

11.2%3,807

$125K–$150K

9.9%3,371

$150K–$200K

12.6%4,289

$200K+

24.7%8,398

Federally Subsidized Housingi

HUD

The federal government helps low-income families, seniors, and people with disabilities afford housing through several programs. Residents typically pay about 30% of their income toward rent, with the government covering the rest. This data shows how many households in this community receive that assistance.

Subsidized Homesi

447

Residentsi

587

Avg. Tenant Renti

$450/mo

Avg. Waitlisti

68 months

Programs in this community

Public Housing60 homes

Government-owned housing managed by local housing authorities

Housing Choice Vouchers240 homes72% occupied$452/mo rent

Rental vouchers (Section 8) that help tenants pay for private-market housing

Project Based Section 850 homes94% occupied$441/mo rent

Privately owned apartments with rent subsidies tied to the building

Household Incomei

Based on area median of $119,528/yr

Extremely low incomeUnder $36K/yr

73%

Very low income$36K–$60K/yr

20.4%

Low income$60K–$96K/yr

4.9%

Moderate / aboveOver $96K/yr

1.7%

Who Receives This Housing

81.5% of subsidized households are headed by a single mother

58.3% of subsidized households are minority

12.2% of subsidized households include someone with a disability

57.4% of subsidized households include a senior (62+)

Ancestry & Heritage

Self-reported ancestry groups. Residents may report multiple ancestries, so totals may exceed 100%.

Foreign-Born Populationi

Foreign-Borni

10,36411.9%

By Region

Top Countries

India

3,366

Mexico

1,567

China

632

Korea

362

Canada

303

Philippines

256

United Kingdom

174

Germany

150

Commute & Transportationi

Workersi

46,072

Avg. Commutei

23.9 min

How People Get to Work

Travel Time to Work

Workforce

Total Employed

46,506

Occupations

Industries

Social Characteristicsi

Marital Status (15+)i

Veteransi

3,049(4.6% of civilian adults)

Health Insurancei

95.3%Insured

4.7%Uninsured

Franklin, TN Population, Income & Demographics 2026