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Franklin Apartment Features
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Apartments Near Franklin
Living In Franklin, IN
Franklin, a town in Indiana, has a population of slightly more than 24,000. Retirees account for a greater percentage of the population (17%) here than nationally (14%). Most residents own their homes in Franklin, and 36% of residents rent. At $836 a month, the average rent is roughly equal to the state average.
Compared to the national average, Franklin has a relatively large percentage of residents over the age of 25 who have earned a high school degree or GED (23%). In addition, 11% possess a Bachelor's degree and 5% have a Master's or Doctoral degree. There are three primary industries in Franklin: manufacturing, healthcare, and retail. Together, these industries make up 23% of the city's workforce. Meanwhile, looking at job function, 7% of the city's population works in transportation, which ranks as the top field in the city. Franklin workers take home an average annual income of around $67,000, a little more than the state average. However, Franklin compares less favorably to the national average ($73,345).
Franklin has an average commute time of about 25 minutes. Many residents (44%) commute to work by car or truck, while public transportation isn't extensively used. Not many commuters walk to work.
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