Franklin County IN Information

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Franklin County Subdivisions

Franklin County IN Data & Demographics (As of July 1, 2017)

POPULATION

Total Population 23,265
Daytime Population: Workers 5,905
Daytime Population: Residents 11,419
Total Daytime Population (TDP) 17,324
Ratio TDP/Total Population1 0.74
Population in Households 23,078
Population in Familes 19,798
Population in Group Qrtrs 187
Population Density2 61
Diversity Index3 6
 

INCOME

Median Household Income $53,407
Average Household Income $68,525
Per Capita Income $25,784

HOUSING

Total Housing Units 9,761 (100%)
Owner Occupied HU 6,849 (70.2%)
Renter Occupied HU 1,844 (18.9%)
Vacant Housing Units 1,068 (10.9%)
Median Home Value $169,744
Average Home Value $208,078
 

HOUSEHOLDS

Total Households 8,693
Average Household Size 2.65
Family Households 6,466
Average Family Size 3
NOTES
  1. If the ratio of the TDP to Total Population is greater than 1, the location gains population during the day when commuting workers are present. If the ratio is less than 1, the location is more of a bedroom community where people commute to another place for work.
  2. Population Density = Total Population per square mile.
  3. 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.

GROWTH RATE / YEAR

2010-2017 2017-2022
Population 0.11% 0.16%
Households 0.18% 0.21%
Families 0.04% 0.11%
Median Household Income   1.79%
Per Capita Income   2.7%

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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, 2017 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 # 66 29th
Population Density # 67 28th
Diversity Index # 92 1st
Median Household Income # 21 78th
Per Capita Income # 30 68th

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