HomeWisconsinMilwaukee CountyFranklin
Franklin, Wisconsin: commercial real estate data.
Franklin is a Census city of 35,886 people across 34.57 square miles of land, in Milwaukee County. Median household income is $106,894, 77.3 percent of occupied homes are owned, and the SBA record carries 45 7(a) approvals to borrowers here worth $25.3 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Franklin
What Franklin is
- Census place typecity
- Land area34.57 sq mi
- Water area0.11 sq mi
- Population per square mile of land1,038
- County holding the largest share of its areaMilwaukee 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
- Population35,886
- Median age43.0
- Population under 188,012
- Share under 1822.3 percent
- Population 65 and over7,040
- Share 65 and over19.6 percent
- Households14,138
- Family households9,909
- Share of households that are families70.1 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$106,894
- Per capita income$52,190
- Civilian labor force18,072
- Employed17,463
- Unemployed609 plus or minus 256
- Unemployment rate3.4 percent plus or minus 1.4
- Adults 25 and over25,733
- Adults 25 and over with a high school diploma or higher95.1 percent
- Adults 25 and over with a bachelor degree or higher44.3 percent
- Adults 25 and over with a graduate degree15.1 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Franklin
Housing in Franklin
- Housing units14,540
- Occupied units14,138
- Vacant units402 plus or minus 212
- Vacancy rate2.8 percent plus or minus 1.5
- Owner occupied10,923
- Renter occupied3,215
- Ownership rate77.3 percent
- Median owner-occupied home value$364,200
- Median gross rent, monthly$1,458
- Annual rent as a share of median income16.4 percent
- Single family units10,068
- Share single family69.2 percent
- Units in buildings of two or more4,400
- Share in buildings of two or more30.3 percent
- Mobile homes72 plus or minus 77
- Median year structure built1990
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 commute14,527
- Commuting under 15 minutes3,342
- Share commuting under 15 minutes23.0 percent
- Commuting 30 minutes or more4,878
- Share commuting 30 minutes or more33.6 percent
- Drove alone74.4 percent
- Carpooled8.0 percent plus or minus 1.6
- Public transport0.1 percent plus or minus 0.2
- Walked0.9 percent plus or minus 0.6
- Worked from home16.0 percent plus or minus 3.8
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Franklin
SBA loans in Franklin (7(a))
- Approvals45
- Gross approval$25,283,500
- Average approval$561,856
- Median approval$150,000
- Ninetieth percentile approval$1,950,000
- Largest approval$3,867,400
- Jobs supported383
- Jobs per approval8.5
- Loans with a final outcome8
- Paid in full7
- Charged off1
- Median term120 months
- Share on real estate terms of 20 years or more15.6 percent
- Share to franchises24.4 percent
- Distinct lenders18
- Distinct industries by NAICS24
Counted by borrower city: approvals to borrowers whose address is in Franklin, in any county, FY2020 to FY2026. Only 8 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)
- Approvals17
- Gross approval$10,534,000
- Average approval$619,647
- Median approval$422,000
- Largest approval$1,702,000
- Jobs supported116
- Loans with a final outcome3
- Charged off0
- Median term300 months
- Distinct CDCs2
Counted by borrower city: approvals to borrowers whose address is in Franklin, in any county, FY2010 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, 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 number550273
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date10/24/24
The City of Franklin participates in the National Flood Insurance Program as community 550273 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.
Milwaukee County, not Franklin
Milwaukee County context, not Franklin figures
- Establishments in Milwaukee County20,466
- Covered employment, Milwaukee County469,055
- Average annual pay, Milwaukee County$69,142
- Housing units permitted, Milwaukee County1,005
Every figure in this section is published for Milwaukee County as a whole and is not a measurement of Franklin.
All Milwaukee 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, Wisconsin?
35,886, in 14,138 households. Franklin city covers 34.57 square miles of land, which is 1,038 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?
Milwaukee 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?
$106,894. The median owner-occupied home is valued at $364,200. Median gross rent is $1,458 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?
45 7(a) approvals totaling $25.3 m since FY2020, across 18 lenders, median approval $150,000, plus 17 504 approvals worth $10.5 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 8 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 550273, 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 Milwaukee 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.