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The total population of Franklin County is estimated to be 22,850 with 11,368 males (49.75%) and 11,482 females (50.25%). There are 114 more females than males in Franklin County.
The median household income in Franklin County was $75,059 in 2021, which marked an a decrease of 2,199(2.85%) from $77,258 in 2020. This income is 100.61% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Franklin County sees its highest median household income among householders in the age group of 45 to 64 years old, at $91,546. Overall, the median household income for the county of Franklin County stands at $75,059.
In Franklin County, the median income for all workers aged 15 years and older, regardless of work hours, was $50,049 for males and $27,862 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $60,120 for males and $44,316 for females.
In Franklin County, there are just two different racial groups among households. Among these, White households report a median household income of $75,823, while Two or More Races households have a median household income of $56,686.
In 2022, the population of Franklin County was 23,028, a 0.75% increase year-by-year from 2021. Previously, in 2021, Franklin County's population was 22,857, an increase of 0.28% compared to a population of 22,793 in 2020.
The median age in Franklin County, IN is 41.8, as per 2021 ACS 5-Year Estimates. Of the total population, 18.91% were under the age of 15, 17.48% aged 15 to 29, 45.09% aged 30 to 64, 16.24% aged 65 to 84, and 2.28% were 85 years of age and older.
Racial distribution of Franklin County population: 96.73% are White, 0.05% are Black or African American, 0.56% are Asian, 0.60% are some other race and 2.06% are multiracial.