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Franklin, TN Income and Careers

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As of 2010-2014, the per capita income of Franklin is $40,447, which is much higher than the state average of $24,811 and is higher than the national average of $28,555. Franklin median household income is $81,432, which has grown by 44.30% since 2000. The median household income growth rate is much higher than the state average rate of 22.72% and is much higher than the national average rate of 27.36%. On average Franklin residents spend 23.2 minutes per day commuting to work, which is about the same as the state average of 24.2 minutes and is lower than the national average of 25.7 minutes.

Topics:Per Capita Income Median Workers Income Household Income Family Income Median Income by Age Employment Status Commuting to Work Careers Poverty Level

Per Capita Income, #21

Franklin, TN	40,447 USD
Tennessee	24,811 USD
U.S.	28,555 USD

*Based on 2010-2014 data. View historical per capita income data.

Median Individual Worker Income, see rank

Franklin, TN	42,530 USD
Tennessee	27,334 USD
U.S.	30,815 USD

*Based on 2010-2014 data. View historical median individual worker income data.

Male Median Individual Worker Income, see rank

Franklin, TN	55,750 USD
Tennessee	32,151 USD
U.S.	36,116 USD

*Based on 2010-2014 data. View historical male median individual worker income data.

Female Median Individual Worker Income, see rank

Franklin, TN	31,623 USD
Tennessee	23,376 USD
U.S.	25,692 USD

*Based on 2010-2014 data. View historical female median individual worker income data.

Household Income

Median Household Income, #20

Franklin, TN	81,432 USD
Tennessee	44,621 USD
U.S.	53,482 USD

Mean Household Income, see rank

Franklin, TN	102,973 USD
Tennessee	62,344 USD
U.S.	74,596 USD

Median Household Income Growth Since 2000, #51

Franklin, TN	44.30%
Tennessee	22.72%
U.S.	27.36%

Ranks: $10k or less, $10k-$20k, $20k-$30k, $30k-$40k, $40k-$50k, $50k-$75k, $75k-$100k, $100k-$150k, $150k-$200k, $200k or more

Household Income Other than Earnings

	Franklin, TN		Tennessee		U.S.
	%⁺	Average Amount	%⁺	Average Amount	%⁺	Average Amount
Interest, Dividends, or Net Rental Income	28.31%	$19,646, see rank	17.47%	$14,454	21.11%	$16,919
Social Security Income	22.74%	$18,665, see rank	32.06%	$17,334	29.33%	$17,636
Public Assistance Income	1.20%	$3,077, see rank	3.21%	$2,884	2.82%	$3,720
Retirement Income	15.93%	$24,066, see rank	18.41%	$20,076	17.85%	$24,095

⁺ The percentage of the total households that have the income.

*Based on 2010-2014 data. View historical household income data.

Family Income

Median Family Income, see rank

Franklin, TN	102,946 USD
Tennessee	55,459 USD
U.S.	65,443 USD

Mean Family Income, see rank

Franklin, TN	118,852 USD
Tennessee	73,630 USD
U.S.	86,963 USD

Ranks: $10k or less, $10k-$20k, $20k-$30k, $30k-$40k, $40k-$50k, $50k-$75k, $75k-$100k, $100k-$150k, $150k-$200k, $200k or more

*Based on 2010-2014 data. View historical family income data.

Median Household Income by Races

	Franklin, TN	Tennessee	U.S.
White	$86,006, see rank	$47,658	$56,900
Black	$36,196, see rank	$32,361	$35,600
Hispanic	$42,454, see rank	$34,631	$42,396
Asian	$74,618, see rank	$66,243	$73,244
One Race, Other	$26,905, see rank	$31,393	$40,300
Two or More Races	$85,192, see rank	$33,366	$47,621

*Based on 2010-2014 data. View historical median household income by races data.

Median Household Income by Age

	Franklin, TN	Tennessee	U.S.
less than 25	$34,375, see rank	$22,607	$25,788
25 to 44	$100,506, see rank	$48,825	$58,398
45 to 64	$91,317, see rank	$53,148	$65,027
65 or over	$46,268, see rank	$33,548	$37,945

*Based on 2010-2014 data. View historical median household income by age data.

Employment Status

	Franklin, TN	Tennessee	U.S.
Population 16 Years and Over	50,778, see rank	5,125,250	248,775,628
Male¹	23,687, 46.65%, see rank	48.12%	48.69%
Male, In Labor Force:²	19,269, 81.35%, see rank	66.79%	69.28%
Male, In Armed Forces²	3, 0.01%, see rank	0.59%	0.73%
Male, Civilian²	19,266, 81.34%, see rank	66.20%	68.54%
Male, Civilian, Employed³	18,425, 95.63%, see rank	90.44%	90.49%
Male, Civilian, Unemployed³	841, 4.37%, see rank	9.56%	9.51%
Male, Not in Labor Force²	4,418, 18.65%, see rank	33.21%	30.72%
Female¹	27,091, 53.35%, see rank	51.88%	51.31%
Female, In Labor Force:²	16,663, 61.51%, see rank	56.49%	58.79%
Female, In Armed Forces²	0, 0.00%, see rank	0.07%	0.11%
Female, Civilian²	16,663, 61.51%, see rank	56.42%	58.69%
Female, Civilian, Employed³	15,588, 93.55%, see rank	90.61%	91.18%
Female, Civilian, Unemployed³	1,075, 6.45%, see rank	9.39%	8.82%
Female, Not in Labor Force²	10,428, 38.49%, see rank	43.51%	41.21%

¹ Percentage of the population of 16 years and over.
² Percentage of the population of 16 years and over for the gender.
³ Percentage of the Civilian for the gender.

*Based on 2010-2014 data. View historical employment status data.

Commuting to Work

	Franklin, TN	Tennessee	U.S.
Workers 16 Years and Over	33,267, 100%	2,788,201	141,337,148
Car, Truck, or Van—Drove Alone	26,666, 80.16%, see rank	83.70%	76.41%
Car, Truck, or Van—Carpooled	3,032, 9.11%, see rank	9.50%	9.59%
Public Transportation	220, 0.66%, see rank	0.81%	5.06%
Walked	324, 0.97%, see rank	1.32%	2.78%
Other Means	368, 1.11%, see rank	1.13%	1.79%
Worked at Home	2,657, 7.99%, see rank	3.54%	4.37%

Mean Travel Time to Work, see rank

Franklin, TN	23.2 minutes
Tennessee	24.2 minutes
U.S.	25.7 minutes

Ranks: 9 min. or less, 10-19 min., 20-29 min., 30-39 min., 40-59 min., 60-89 min., 90min. or more

*Based on 2010-2014 data. View historical commuting to work data.

Careers

Occupation

	Franklin, TN	Tennessee	U.S.
Civilian Employed, 16 Years and Over	34,013	2,835,895	143,435,233
Male¹	18,425, 54.17%, see rank	52.07%	52.38%
Management, Professional, and Related Occupations²	10,341, 56.12%, see rank	29.42%	33.12%
Service Occupations²	1,651, 8.96%, see rank	14.11%	15.12%
Sales and Office Occupations²	4,183, 22.70%, see rank	17.73%	17.47%
Farming, Fishing, and Forestry Occupations²	67, 0.36%, see rank	0.72%	1.11%
Construction, Extraction, Maintenance, and Repair Occupations²	576, 3.13%, see rank	9.36%	9.29%
Production, Transportation, and Material Moving Occupations²	1,179, 6.40%, see rank	22.13%	17.94%
Female¹	15,588, 45.83%, see rank	47.93%	47.62%
Management, Professional, and Related Occupations²	8,853, 56.79%, see rank	38.09%	40.04%
Service Occupations²	2,142, 13.74%, see rank	20.19%	21.52%
Sales and Office Occupations²	4,160, 26.69%, see rank	33.27%	31.93%
Farming, Fishing, and Forestry Occupations²	31, 0.20%, see rank	0.13%	0.32%
Construction, Extraction, Maintenance, and Repair Occupations²	0, 0.00%, see rank	0.29%	0.28%
Production, Transportation, and Material Moving Occupations²	326, 2.09%, see rank	7.78%	5.65%

¹ Percentage of the civilian employed, 16 years and over.
² Percentage of the civilian employed, 16 years and over for the gender.

Industry

	Franklin, TN	Tennessee	U.S.
Civilian Employed, 16 Years and Over	34,013, 100%	2,835,895	143,435,233
Agriculture, Forestry, Fishing, Hunting, Mining	147, 0.43%, see rank	1.05%	1.96%
Construction	1,302, 3.83%, see rank	6.38%	6.17%
Manufacturing	2,502, 7.36%, see rank	12.95%	10.43%
Wholesale Trade	1,008, 2.96%, see rank	2.76%	2.75%
Retail Trade	3,724, 10.95%, see rank	12.19%	11.57%
Transportation, Warehousing, Utilities	852, 2.50%, see rank	6.19%	4.93%
Information	1,259, 3.70%, see rank	1.91%	2.14%
Finance, Insurance, Real Estate, Rental, Leasing	3,764, 11.07%, see rank	5.73%	6.60%
Professional, Scientific, Management, Administrative, Waste Management Services	4,769, 14.02%, see rank	9.23%	10.89%
Educational Services, Health Care, Social Assistance	8,710, 25.61%, see rank	22.97%	23.21%
Arts, Entertainment, Recreation, Accommodation, Food Services	3,396, 9.98%, see rank	9.21%	9.49%
Public Administration	822, 2.42%, see rank	4.54%	4.92%
Other Services, Except Public Administration	1,758, 5.17%, see rank	4.89%	4.96%

*Based on 2010-2014 data. View historical careers data.

Poverty Level

	Franklin, TN	%	Tennessee	U.S.
Population in Poverty	4,798	7.27%, see rank	17.83%	15.59%
Family in Poverty	1,095	6.12%, see rank	13.43%	11.47%

*Based on 2010-2014 data. View historical poverty level data.