Franklin, TN

Diversity

80.7k people call Franklin, Tennessee home, of which 91.5% are citizens. 12.2% of Franklin, Tennessee, residents were foreign-born as of the year 2020. (9.87k people).

Franklin, Tennessee had 6.88,000 more White (non-Hispanic) residents in 2020 than any other race or ethnicity. The second and third most prevalent ethnic groups, respectively 6.93k Asian (non-Hispanic) and 4.53k Black or African American (non-Hispanic) residents, were present.

Ethnicity and Race

Franklin, Tennessee had 6.88,000 more White (non-Hispanic) residents in 2020 than any other race or ethnicity. The second and third most prevalent ethnic groups, respectively 6.93k Asian (non-Hispanic) and 4.53k Black or African American (non-Hispanic) residents, were present.

The Hispanic population of Franklin, Tennessee, is 6.34%. (5.11k people).

Population Born Abroad

12.2% of Franklin, Tennessee citizens (9.87k persons) were foreign-born as of 2020, which is less than the 13.5% national average. Franklin, Tennessee had an 11.7% percentage of residents who were foreign-born in 2019, which indicates that the rate has been rising.

By Nativity, Age

The average age of all residents in Franklin, Tennessee, in 2020 was 37.5. With a median age of 37, residents who were born in the United States were typically younger than those who were born abroad, who had a median age of 38. However, the population of Franklin, Tennessee, is getting younger. The average age of all people living in Franklin, Tennessee, in 2019 was 38.

Worldwide Diversity

Mexico was the nation of birth of 88,072 Tennessee people who were foreign-born as of the year 2020, followed by India with 23,811 and Guatemala with 14,944.

Citizenship

Franklin, Tennessee's population was 91.5% US citizens as of 2020, which is under the 93.4% national average. Franklin, Tennessee had 92.3% US citizens as of 2019, which indicates a declining citizenship rate.

Veterans

1.24 times more military troops from Vietnam than from any other combat reside in Franklin, Tennessee.

Economy

Franklin, Tennessee's median household income is $100,169. In Franklin, Tennessee, Census Tract 503.05 had the highest median household income in 2020 with a value of $249,583, followed by Census Tract 510.01 and Census Tract 504.06 with values of respectively $155,768 and $139,583.

In Tennessee, the average income of men is $1.37 times greater than that of women, who earn $46,310 on average. Tennessee's level of income inequality, as determined by the Gini index, is 0.463, which is lower than the national average.

42.3k people work in Franklin, Tennessee's economy. The highest paying industries in Franklin, Tennessee are mining, quarrying, & oil & gas extraction ($108,620), wholesale trade ($100,156), and management of companies & enterprises ($94,665). The three industries with the largest workforces are health care & social assistance (5,794 people), professional, scientific, & technical services (5,742 people), and retail trade (4,801 people).