HomeKentuckySimpson CountyFranklin city
Franklin city, Kentucky: commercial real estate data.
Franklin city 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.
76 sourced place values · tier FULL · 8 sections · 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
- Ninetieth percentile approval$1,808,600
- 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
A charge-off rate is not published here. only 3 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
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$1,262,000
- Largest approval$1,262,000
- Jobs supported35
- Loans with a final outcome2
- Charged off1
- Median term240 months
- Distinct CDCs2
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Simpson County, not Franklin
Simpson County context, not Franklin figures
These are Simpson County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Franklin measurements.
- Establishments in Simpson County422
- Employment at those establishments, Simpson County8,630
- Covered employment, Simpson County9,115
- Average annual pay, Simpson County$52,092
- Average weekly wage, Simpson County$1,002
- Housing units permitted, Simpson County204
- Of those, single family, Simpson County159
- County product, 2024, Simpson County$1,226,408,000
- County product change over the prior year, Simpson County-5.3 percent
- Average income of an arriving household, Simpson County$45,176
Every figure in this section is published for Simpson County as a whole and is not a measurement of Franklin. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
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. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
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 totalling $7.1 m, across 8 lenders, median approval $198,000, plus 2 504 approvals worth $2.4 m. 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 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Franklin figures?
No, and they are labelled 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?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.