HomeKentuckySimpson CountyFranklin
Franklin, Kentucky: commercial real estate data.
Franklin is a Census city of 10,360 people across 15.08 square miles of land, in Simpson County. Median household income is $59,052, 55.0 percent of occupied homes are owned, and the SBA record carries 11 7(a) approvals to borrowers here worth $7.1 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Franklin
What Franklin is
- Census place typecity
- Land area15.08 sq mi
- Water area0.11 sq mi
- Population per square mile of land687
- County holding the largest share of its areaSimpson County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Franklin
How many people live in Franklin
- Population10,360
- Median age35.8
- Population under 182,524
- Share under 1824.4 percent
- Population 65 and over1,687
- Share 65 and over16.3 percent
- Households3,991
- Family households2,540
- Share of households that are families63.6 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Franklin
Income and work in Franklin
- Median household income$59,052
- Per capita income$27,990
- Civilian labor force4,632
- Employed4,346
- Unemployed286 plus or minus 166
- Unemployment rate6.2 percent plus or minus 3.5
- Adults 25 and over6,803
- Adults 25 and over with a high school diploma or higher88.5 percent
- Adults 25 and over with a bachelor degree or higher15.5 percent plus or minus 3.4
- Adults 25 and over with a graduate degree7.6 percent plus or minus 2.5
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Franklin
Housing in Franklin
- Housing units4,233
- Occupied units3,991
- Vacant units242 plus or minus 148
- Vacancy rate5.7 percent plus or minus 3.5
- Owner occupied2,195
- Renter occupied1,796
- Ownership rate55.0 percent
- Median owner-occupied home value$195,400
- Median gross rent, monthly$1,010
- Annual rent as a share of median income20.5 percent
- Single family units3,282
- Share single family77.5 percent
- Units in buildings of two or more839 plus or minus 217
- Share in buildings of two or more19.8 percent plus or minus 5.0
- Mobile homes112 plus or minus 77
- Median year structure built1973
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Franklin
How Franklin gets to work
- Workers 16 and over who commute4,110
- Commuting under 15 minutes2,199
- Share commuting under 15 minutes53.5 percent
- Commuting 30 minutes or more970 plus or minus 254
- Share commuting 30 minutes or more23.6 percent plus or minus 5.8
- Drove alone78.3 percent
- Carpooled13.1 percent plus or minus 5.8
- Public transport0.0 percent
- Walked3.4 percent plus or minus 2.8
- Worked from home4.4 percent plus or minus 2.2
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Franklin
SBA loans in Franklin (7(a))
- Approvals11
- Gross approval$7,101,800
- Average approval$645,618
- Median approval$198,000
- Largest approval$3,495,900
- Jobs supported95
- Jobs per approval8.6
- Loans with a final outcome3
- Paid in full3
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more9.1 percent
- Share to franchises18.2 percent
- Distinct lenders8
- Distinct industries by NAICS9
Counted by borrower city: approvals to borrowers whose address is in Franklin, in any county, FY2020 to FY2026. Only 3 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Franklin
SBA loans in Franklin (504)
- Approvals2
- Gross approval$2,372,000
- Average approval$1,186,000
- Median approval$1,186,000
- Largest approval$1,262,000
- Jobs supported35
- Loans with a final outcome2
- Charged off1
- Median term240 months
- Distinct CDCs2
Counted by borrower city: approvals to borrowers whose address is in Franklin, in any county, FY2010 to FY2026. Only 2 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Franklin
Flood risk in Franklin
- NFIP communityCity of Franklin
- NFIP community number210210
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date03/17/11
The City of Franklin participates in the National Flood Insurance Program as community 210210 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Simpson County, not Franklin
Simpson County context, not Franklin figures
- Establishments in Simpson County422
- Covered employment, Simpson County9,115
- Average annual pay, Simpson County$52,092
- Housing units permitted, Simpson County204
Every figure in this section is published for Simpson County as a whole and is not a measurement of Franklin.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Franklin questions, answered from the record.
How many people live in Franklin, Kentucky?
10,360, in 3,991 households. Franklin city covers 15.08 square miles of land, which is 687 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Franklin in?
Simpson County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Franklin?
$59,052. The median owner-occupied home is valued at $195,400. Median gross rent is $1,010 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Franklin businesses?
11 7(a) approvals totaling $7.1 m since FY2020, across 8 lenders, median approval $198,000, plus 2 504 approvals worth $2.4 m since FY2010. These count approvals to borrowers whose address is in Franklin, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Franklin borrowers get paid back?
No rate is published for Franklin. Only 3 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Franklin in the National Flood Insurance Program?
Yes. Franklin appears in the FEMA Community Status Book as Franklin, city of, community 210210, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Franklin figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Simpson County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Franklin.
Is zoning published for Franklin?
No. Nothing on this page presents parcel level zoning.