Franklin, MI cityscape

48025

Franklin, MI

Total Population
14,813
Median Household Income
$171,776
Median Home Value
$483,200
Median Rent
$1,932

Quick Facts & Insights

Key metrics and how they compare

Household Income
$171,776
101% above state median
Home Value
$483,200
102.5% above state median
Rent
$1,932
100% above state median
Median Age
49.3 years

Data Sources & Accuracy

U.S. Census Bureau:Population, age, income, education, employment, and housing characteristics are from the American Community Survey (ACS) 5-Year Estimates (2018–2022 release).
Zillow (ZHVI):Typical home values reflect the Zillow Home Value Index (smoothed, seasonally adjusted), published monthly.

Estimates carry a margin of error and describe the ZIP-code area as a whole, not any individual property or block. See our methodology and data sources for details, or report a problem on our corrections page.

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Location Map

Franklin, MI 48025

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Demographics Overview

Population statistics from the U.S. Census Bureau (ACS 5-year estimates)

Key Demographic Insightsfor Franklin, MI

Median household income is 101% below state average, suggesting more affordable cost of living.

High education levels with 75.8% holding bachelor's degrees or higher, well above national average of 33%.

Mature population with median age of 49.3 years, likely more established households.

Strong job market with unemployment rate of 2.0%, below national average.

Low poverty rate of 5.2%, well below national average.

Insights are derived from US Census Bureau data and may not reflect recent changes.

Household Income Distribution

Local Median Income
$171,776
+128.6% vs US
vs State Median
+-101.0%
State: $-17,934,661
Income Distribution
30.8%
Under $50k
18.5%
Over $100k
Lower Income
Middle Income
Higher Income
Data from US Census Bureau ACS 5-Year Estimates

Age Distribution

Population by age group

Household Income Breakdown

Households by income bracket

Education Levels (Age 25+)

Highest education attained

Race & Ethnicity

Demographic composition

Households & Employment

Household Types

Family composition breakdown

Average Household Size: 2.57 people

Total Households
5,696
Family Households
63.6%

Employment by Industry

Where residents work

#1 Industry
Finance
37.1%
#2 Industry
Education
26.8%
#3 Industry
Manufacturing
23.4%
Total Employed Residents:4,715

Commute Patterns

How residents get to work

Short Commute
3.0%
Under 10 minutes
Long Commute
1.6%
Over 60 minutes
Work From Home
1.2%
64 workers
Public Transit
0.0%
0 workers
Total Commuting Workers:5,310
Commute Insights
0

Labor Force Statistics

Employment Rate
98.0%
7,200 employed
Labor Force
7,349
149 unemployed
Median Age
49.3 years
Per Capita Income
$84,695
Poverty Rate
5.2%

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