Area type of a place is calculated based on population density, home ownership, and proximity to various amenties
Franklin Township, IN
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About Franklin Township
Franklin is a suburb in the Louisville Metro Area and in the Floyd County. It has a population of 1,646 and a population density of 67, which is 28% below the national average. It has a median age of 42, which is 3 years above the Louisville Metro median age and 4 years above the national average.
Franklin has a median home value of $236,600, which is 1% below the Metro average.The average rent of $1,215 is 5% below the metro average rent and 13% above the national average rent. The average household income in Franklin is $77,308 , which is 21% above the Metro average household income and 16% above the national average of household income.
The average school rating in Franklin is 6..
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Franklin Township Zip Code
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Demographics
Franklin Township's population is made up of 52% married, 27% single, 14% divorced and 6% widowed. Baby Boomers make up the largest percentage of the population at 39%, while Millennials have the second largest segment at 20%. Homeowners make up 98% of the population in Franklin Township.
- 48% Male
- 52% Female
Employment
The Per Capita income in Franklin Township is $34,235. The Median Household Income is $73,804 and the Franklin Township Unemployment Rate is 6%.