Franklin, Indiana Population 2026
Updated April 2026 · US Census ACS 2023 5-Year Estimates
The population of Franklin, Indiana is 25,999 as of the 2023 American Community Survey, making it the 40th-largest city in Indiana. The median household income is $77,305, the median home value is $212,500, and the median age is 34.0.
The population has grown 10.2% since 2010 (23,739 → 26,158).
25,999
Population
1661
People / sq mi
$77,305
Median Income
$212,500
Median Home Value
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Franklin covers 15.7 sq mi of land at 1661 people per square mile.
About Franklin, IN
Franklin skews on age — the median resident is 34.0, younger than the national median. Franklin is a city in Indiana with a population of 25,999. It ranks #40 among cities in Indiana by population.
The typical household here earns about $77,305, near the US median of $78,538. About 8.5% of residents live below the federal poverty level, below the national 12.4%. Housing is relatively affordable, with a median home value of $212,500, with typical rent around $1,127.
Degree attainment is on the lower side for US cities: 24.6% of adults hold a bachelor’s degree, below the national 35.0%. Remote work is below the national 14.0% at 10.1%, and the average commute runs about 24 minutes each way.
Franklin city Population History (2010-2024)
The city of Franklin city had a population of 23,739 in 2010 and 26,158 in 2024, a 10.2% growth over 14 years. The peak was 26,158 in 2024. Average annual growth rate: 0.70%.
26,158
Population (2024)
23,739
Population (2010)
26,158
Peak (2024)
0.70%
Avg Annual Growth
| Year | Population |
|---|---|
| 2010 | 23,739 |
| 2011 | 23,792 |
| 2012 | 23,976 |
| 2013 | 24,150 |
| 2014 | 24,324 |
| 2015 | 24,519 |
| 2016 | 24,760 |
| 2017 | 24,988 |
| 2018 | 25,205 |
| 2019 | 25,608 |
| 2020 | 25,382 |
| 2021 | 25,659 |
| 2022 | 25,763 |
| 2023 | 25,989 |
| 2024 | 26,158 |
Race & Ethnicity
| White | 90.8% |
| Black or African American | 2.9% |
| Asian | 0.0% |
| Hispanic or Latino (any race) | 0.5% |
| Two or More Races | 0.0% |
Economy & Income
$77,305
Median Household Income
$34,379
Per Capita Income
8.5%
Poverty Rate
2.5%
Unemployment Rate
Housing
$212,500
Median Home Value
$1,127
Median Rent
66.4%
Owner-Occupied
Education
92.7%
High School+
24.6%
Bachelor's+
Commute
0.4%
Drive Alone
77.3%
Public Transit
10.1%
Work From Home
24.4 min
Avg Commute
Community Profile
20.8%
Foreign Born
96.3%
Non-English at Home
5.3%
Veterans
15.2%
With Disability
96.4%
Health Insurance
91.5%
Internet Access
Employment by Industry
| Professional, Scientific & Management | 25.9% |
| Manufacturing | 13.0% |
| Finance, Insurance & Real Estate | 11.7% |
| Construction | 7.5% |
| Education, Health Care & Social Services | 6.9% |
| Retail Trade | 6.8% |
| Information | 5.0% |
| Arts, Entertainment & Food Services | 3.9% |
| Public Administration | 3.5% |
| Transportation & Warehousing | 0.6% |
| Agriculture & Mining | 0.4% |
Largest cities in Indiana
Largest counties in Indiana
Part of Indiana
Metro areas in Indiana
City rankings
Frequently Asked Questions
Franklin, Indiana has a population of 25,999 according to the US Census Bureau's 2023 American Community Survey 5-year estimates, making it the 40th-largest city in Indiana.
The median household income in Franklin, Indiana is $77,305, with 8.5% of residents living below the federal poverty level.
The median home value in Franklin, Indiana is $212,500, with median monthly rent at $1,127 and a homeownership rate of 66.4%.
The median age in Franklin, Indiana is 34.0 years. The population is 46.6% male and 53.4% female.
The population has grown 10.2% since 2010 (23,739 → 26,158).
Where to stay in Franklin
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Data from the American Community Survey (ACS) 5-Year estimates.
Source: U.S. Census Bureau ACS, 2026.