Franklin County IN Information

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Franklin County Subdivisions

Franklin County IN Data & Demographics (As of July 1, 2016)

POPULATION

Total Population 23,395
Population in Households 23,208
Population in Familes 19,940
Population in Group Qrtrs 187
Population Density1 61
Diversity Index2 6
 

HOUSEHOLDS

Total Households 8,794
Average Household Size 2.64
Family Households 6,561
Average Family Size 3

HOUSING

Total Housing Units 9,811 (100%)
Owner Occupied HU 6,929 (70.6%)
Renter Occupied HU 1,865 (19.0%)
Vacant Housing Units 1,017 (10.4%)
Median Home Value $165,436
Average Home Value $200,844
 

INCOME

Median Household Income $50,456
Average Household Income $65,172
Per Capita Income $24,676
  (Compound Annual Growth Rates)

GROWTH RATES

2010-2015 2015-2020
Population 0.21% 0.16%
Households 0.4% 0.28%
Families 0.28% 0.21%
Median Household Income   2.54%
Per Capita Income   2.32%
1) Population Density = Total Population per square mile.
2) The Diversity Index is a scale of 0 to 100 that represents the likelyhood 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.
Based on Census 2010 counts, the Diversity Index for the United States was 60.6 and it is expected to increase to 64.8 by July 1, 2018.

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Franklin County IN - Peer Comparisons by Rank and Percentile

The table below compares Franklin County to the other 92 counties and county equivalents in Indiana by rank and percentile using July 1, 2016 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 # 67 28th
Population Density1 # 67 28th
Diversity Index2 # 91 2nd
Median Household Income # 33 65th
Per Capita Income # 28 71st

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