HomeTennesseeWilliamson CountyFranklin city
Franklin city, Tennessee: commercial real estate data.
Franklin city 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.
77 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 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$1,495,000
- 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
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
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Williamson County, not Franklin
Williamson County context, not Franklin figures
These are Williamson 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 Williamson County8,707
- Employment at those establishments, Williamson County149,544
- Covered employment, Williamson County149,366
- Average annual pay, Williamson County$87,286
- Average weekly wage, Williamson County$1,679
- Housing units permitted, Williamson County1,994
- Of those, single family, Williamson County1,357
- County product, 2024, Williamson County$38,775,668,000
- County product change over the prior year, Williamson County4.3 percent
- Average income of an arriving household, Williamson County$202,214
Every figure in this section is published for Williamson 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, 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 totalling $152.5 m, across 60 lenders, median approval $250,000, plus 7 504 approvals worth $8.1 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?
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.
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 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?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
Nearby