Franklin, OH
Population 11,670 · Ohio
About Franklin, OH
Franklin is a mid-sized city in Ohio with a population of 11,670 residents. The median household income is $58,134 per year, which is near the national average. The median age in Franklin is 35.2 years.
Housing in Franklin has a median home value of $170,800 and median monthly rent of $976. Of the 5,109 total housing units, the majority are owner-occupied, with 2,879 owner-occupied and 1,893 renter-occupied units.
The unemployment rate in Franklin is 3.0% and the poverty rate is 21.1%. 14.3% of residents hold a bachelor's degree or higher. The average commute time is 22.6 minutes.
Cost of Living in Franklin, OH
Compared to national averages, Franklin has a median household income of $58,134 (23% below the national median of $75,149). Home values average $170,800, which is 30% below the national median. Monthly rent at $976 is 16% below the US average of $1,163. Within Ohio, Franklin's income is 19% below the state average of $71,814, and home values are 2% below the state median of $174,449.
Why Live in Franklin, OH?
Franklin offers affordable housing with a median home value of $170,800, below the US average of $244,900, and rent that’s lower than the national average at $976/month, and a strong job market with an unemployment rate of just 3.0%. Additionally, the city features short commute times averaging just 22.6 minutes.
Potential considerations include median household income ($58,134) that falls below the national average. However, Franklin’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Franklin has a population of 11,670 with a median age of 35.2 years. Compare Franklin with other cities to see how it stacks up, or explore all cities in Ohio.
Similar Cities Near Franklin
Cities in Ohio with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Seven Hills | 11,628 | $95,313 | $239,600 | Compare |
| Bucyrus | 11,619 | $53,169 | $122,000 | Compare |
| Norton | 11,576 | $87,060 | $181,900 | Compare |
| Salem | 11,805 | $50,250 | $117,400 | Compare |
| Mack | 11,444 | $118,825 | $287,500 | Compare |
| Ravenna | 11,286 | $52,368 | $129,400 | Compare |
| Finneytown | 12,079 | $78,494 | $184,200 | Compare |
| Dent | 12,097 | $82,635 | $258,600 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Ohio
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Franklin
What is the population of Franklin, OH?
The population of Franklin, OH is 11,670 according to the latest Census data.
What is the median household income in Franklin?
The median household income in Franklin, OH is $58,134 per year.
What is the median home value in Franklin?
The median home value in Franklin, OH is $170,800.
What is the average rent in Franklin?
The median monthly rent in Franklin, OH is $976.
What is the unemployment rate in Franklin?
The unemployment rate in Franklin, OH is 3.0%.