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Franklin, MI

 

Franklin is located in southeast Michigan. Franklin is part of Oakland County. Franklin has 2.66 square miles of land area and has no water area. As of 2010-2014, the total Franklin population is 3,106, which has grown 5.75% since 2000. The population growth rate is much higher than the state average rate of -0.50% and is much lower than the national average rate of 11.61%. Franklin median household income is $131,111 in 2010-2014 and has grown by 5.72% since 2000. The income growth rate is much lower than the state average rate of 9.90% and is much lower than the national average rate of 27.36%. Franklin median house value is $466,300 in 2010-2014 and has grown by 12.52% since 2000. The house value growth rate is much higher than the state average rate of 3.98% and is much lower than the national average rate of 46.91%. As a reference, the national Consumer Price Index (CPI) inflation rate for the same period is 26.63%. On average, the public school district that covers Franklin is much better than the state average in quality. The Franklin area code is 248.

Population3,106 (2010-2014), rank #229
Population Growth5.75% since 2000, rank #150
Population Density:1,167.70/sq mi, rank #273
Median Household Income:$131,111 at 2010-2014—5.72% increase since 2000, rank #6
Median House Price:$466,300 at 2010-2014—12.52% increase since 2000, rank #10
Time Zone:Eastern GMT -5:00 with Daylight Saving in the Summer
Land Area:2.66 sq mi, rank #269
Water Area:0.00 sq mi (0.00%), rank #547
State:Michigan
Area:Detroit-Warren-Livonia, MI
County:Oakland County
School District:, rank #8
Area Code:248
Zip Code:48025
Accommodations:Franklin Hotels
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