Franklin, a city located in the state of Indiana (IN), is home to a population of approximately 26,073 people. Franklin boasts a median age of 34.4, with around 19.5% of its residents aged 60 or above. 5.8% of the population identifies as US Veterans. 12.6% of Franklin residents are disabled. The city has an average household income of $72,344, while the unemployment rate stands at 4.7%, and around 11.2% of the population is considered to be living below the poverty level. In terms of housing, the average home value in Franklin is $191,898, with a monthly rent averaging $1,039.