Franklin, WI
Population 35,751 · Wisconsin
About Franklin, WI
Franklin is a mid-sized city in Wisconsin with a population of 35,751 residents. The median household income is $108,342 per year, which is above the national average. The median age in Franklin is 43.2 years.
Housing in Franklin has a median home value of $343,400 and median monthly rent of $1,325. Of the 14,433 total housing units, the majority are owner-occupied, with 10,947 owner-occupied and 3,115 renter-occupied units.
The unemployment rate in Franklin is 3.6% and the poverty rate is 6.9%. 45.4% of residents hold a bachelor's degree or higher. The average commute time is 24.5 minutes.
How Franklin Ranks in Wisconsin
Cost of Living in Franklin, WI
Compared to national averages, Franklin has a median household income of $108,342 (44% above the national median of $75,149). Home values average $343,400, which is 40% above the national median. Monthly rent at $1,325 is 14% above the US average of $1,163. Within Wisconsin, Franklin's income is 49% above the state average of $72,579, and home values are 67% above the state median of $205,802.
Why Live in Franklin, WI?
Franklin offers a strong local economy with a median household income of $108,342, well above the national average, and a strong job market with an unemployment rate of just 3.6%, and a well-educated community where 45.4% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 6.9%, better than the national average, and short commute times averaging just 24.5 minutes.
Franklin has a population of 35,751 with a median age of 43.2 years. Compare Franklin with other cities to see how it stacks up, or explore all cities in Wisconsin.
Similar Cities Near Franklin
Cities in Wisconsin with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Sun Prairie | 36,455 | $90,521 | $339,800 | Compare |
| Oak Creek | 36,473 | $93,120 | $305,100 | Compare |
| Beloit | 36,554 | $59,975 | $133,500 | Compare |
| Manitowoc | 34,553 | $62,133 | $143,900 | Compare |
| Greenfield | 37,361 | $69,016 | $247,800 | Compare |
| Menomonee Falls | 38,963 | $98,460 | $341,600 | Compare |
| West Bend | 31,722 | $75,043 | $244,500 | Compare |
| Wausau | 39,893 | $61,877 | $155,900 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Wisconsin
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, WI?
The population of Franklin, WI is 35,751 according to the latest Census data.
What is the median household income in Franklin?
The median household income in Franklin, WI is $108,342 per year.
What is the median home value in Franklin?
The median home value in Franklin, WI is $343,400.
What is the average rent in Franklin?
The median monthly rent in Franklin, WI is $1,325.
What is the unemployment rate in Franklin?
The unemployment rate in Franklin, WI is 3.6%.