HomeTennesseeWilliamson CountyFranklin
Franklin, Tennessee: commercial real estate data.
Franklin is a Census city of 87,133 people across 44.55 square miles of land, in Williamson County. Median household income is $119,528, 63.8 percent of occupied homes are owned, and the SBA record carries 257 7(a) approvals to borrowers here worth $152.5 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Franklin
What Franklin is
- Census place typecity
- Land area44.55 sq mi
- Water area0.21 sq mi
- Population per square mile of land1,956
- County holding the largest share of its areaWilliamson 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
- Population87,133
- Median age38.6
- Population under 1820,421
- Share under 1823.4 percent
- Population 65 and over12,769
- Share 65 and over14.7 percent
- Households33,998
- Family households22,613
- Share of households that are families66.5 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$119,528
- Per capita income$61,761
- Civilian labor force47,574
- Employed46,506
- Unemployed1,068 plus or minus 264
- Unemployment rate2.2 percent plus or minus 0.6
- Adults 25 and over59,436
- Adults 25 and over with a high school diploma or higher95.5 percent
- Adults 25 and over with a bachelor degree or higher64.5 percent
- Adults 25 and over with a graduate degree24.8 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Franklin
Housing in Franklin
- Housing units36,239
- Occupied units33,998
- Vacant units2,241 plus or minus 566
- Vacancy rate6.2 percent plus or minus 1.6
- Owner occupied21,687
- Renter occupied12,311
- Ownership rate63.8 percent
- Median owner-occupied home value$705,400
- Median gross rent, monthly$1,923
- Annual rent as a share of median income19.3 percent
- Single family units23,912
- Share single family66.0 percent
- Units in buildings of two or more11,978
- Share in buildings of two or more33.1 percent
- Mobile homes337 plus or minus 154
- Median year structure built2002
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 commute32,069
- Commuting under 15 minutes9,063
- Share commuting under 15 minutes28.3 percent
- Commuting 30 minutes or more10,783
- Share commuting 30 minutes or more33.6 percent
- Drove alone61.9 percent
- Carpooled5.5 percent plus or minus 1.3
- Public transport0.1 percent plus or minus 0.1
- Walked0.8 percent plus or minus 0.6
- Worked from home30.4 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Franklin
SBA loans in Franklin (7(a))
- Approvals257
- Gross approval$152,480,400
- Average approval$593,309
- Median approval$250,000
- Ninetieth percentile approval$1,486,900
- Largest approval$5,000,000
- Jobs supported3,189
- Jobs per approval12.4
- Loans with a final outcome53
- Paid in full50
- Charged off3
- Charge-off rate over resolved loans5.7 percent
- Median term120 months
- Share on real estate terms of 20 years or more7.8 percent
- Share to franchises26.1 percent
- Distinct lenders60
- Distinct industries by NAICS117
Counted by borrower city: approvals to borrowers whose address is in Franklin, in any county, FY2020 to FY2026.
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)
- Approvals7
- Gross approval$8,084,000
- Average approval$1,154,857
- Median approval$643,000
- Largest approval$3,753,000
- Jobs supported66
- Loans with a final outcome4
- Charged off0
- Median term240 months
- Distinct CDCs2
Counted by borrower city: approvals to borrowers whose address is in Franklin, in any county, FY2010 to FY2026. Only 4 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 number470206
- Participating in the NFIPYes
- Community Rating System classClass 8
- Currently effective map date12/20/24
The City of Franklin participates in the National Flood Insurance Program as community 470206 and carries Community Rating System class 8, a flood insurance premium discount for policies written there.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Williamson County, not Franklin
Williamson County context, not Franklin figures
- Establishments in Williamson County8,707
- Covered employment, Williamson County149,366
- Average annual pay, Williamson County$87,286
- Housing units permitted, Williamson County1,994
Every figure in this section is published for Williamson County as a whole and is not a measurement of Franklin.
All Williamson County figures →
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, Tennessee?
87,133, in 33,998 households. Franklin city covers 44.55 square miles of land, which is 1,956 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?
Williamson 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?
$119,528. The median owner-occupied home is valued at $705,400. Median gross rent is $1,923 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?
257 7(a) approvals totaling $152.5 m since FY2020, across 60 lenders, median approval $250,000, plus 7 504 approvals worth $8.1 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?
Of the 53 loans that have reached a final outcome, 50 were paid in full and 3 charged off, a charge off rate of 5.7 percent. Loans still running are excluded because they have not yet succeeded or failed.
Is Franklin in the National Flood Insurance Program?
Yes. Franklin appears in the FEMA Community Status Book as Franklin, city of, community 470206, carrying Community Rating System class 8, which is a premium discount for exceeding the program minimum. 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 Williamson 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.
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