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Useful Statistics for businesses looking for office space in Franklin
  Franklin IN State
2013 Estimated Population 24,021 6,514,861
Median Age 34.5 37.1
Housing Units 9,684 2,800,895
Occupied 8,716 2,481,793
Owned 5,400 1,736,481
Rented 3,316 745,312
Average Household Size 2.59 2.55
Rental Vacancy Rate 2.6% 8.4%
Homeowner Vacancy Rate 2.5% 2.3%
Median Home Value $115,700 $122,800
Median Monthly Rental Cost $835 $730
Estimated Mean Income $70,559 $74,058
Median Household Income $48,415 $48,248
Percent of Individuals below poverty level 15% 15.4%
Educational Attainment: Percent high school graduate or higher 88.5% 87.2%
Educational Attainment: Percent high school graduate 38% 35.2%
Educational Attainment: Percent with some College 20.8% 20.9%
Educational Attainment: Percent bachelor degree or higher 20.9% 23.2%
Average Commute time in minutes 23.8 23.2
Commute 10,633 2,911,709
Commute by car, truck or other vehicle - Drive Alone 8,810 2,420,721
Commute by car, truck or other vehicle - Carpool 905 262,326
Use Public Transportation 129 30,833
Work from Home 295 95,412
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