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Poverty and living standards in Franklin, Tennessee: official figures

4.6% of residents of Franklin (4,017 people) had incomes below the federal poverty line in the 2020-2024 American Community Survey, 35th lowest of 823 US cities of 50,000 or more (US: 12.5%; Tennessee: 13.8%).

Poverty rate
4.6%
2020-2024
Child poverty rate (under 18)
3.6%
2020-2024
Renters paying 30%+ of income on rent
47.1%
2020-2024

How many children live in poverty in Franklin?

3.6% of children under 18 in Franklin lived below the poverty line in 2020-2024 (723 children), 28th lowest of 823 US cities of 50,000 or more (US: 16.1%; Tennessee: 18.8%).

Source: U.S. Census Bureau · saved copy

What is the poverty rate for older people in Franklin?

By age, the poverty rate in Franklin was 3.3% for children under 6 and 6.4% for residents aged 60 and over in 2020-2024 (US: 17.2% and 11.0%).

Source: U.S. Census Bureau · saved copy

How many people in Franklin live in deep poverty?

1,797 people in Franklin, 2.1% of residents, had incomes below half the poverty line in 2020-2024, 19th lowest of 823 US cities of 50,000 or more (US: 6.0%).

Source: U.S. Census Bureau · saved copy

What share of people in Franklin are on low incomes?

12.9% of residents of Franklin had incomes below twice the poverty line in 2020-2024, 57th lowest of 823 US cities of 50,000 or more (US: 28.2%; Tennessee: 31.8%).

Source: U.S. Census Bureau · saved copy

How many renters in Franklin are cost-burdened?

47.1% of renting households in Franklin spent 30% or more of their income on rent and utilities in 2020-2024 (5,640 households), 176th lowest of 823 US cities of 50,000 or more (US: 51.1%; Tennessee: 48.8%).

Source: U.S. Census Bureau · saved copy

How many households in Franklin spend half their income on rent?

20.0% of renting households in Franklin spent half or more of their income on rent and utilities, 86th lowest of 823 US cities of 50,000 or more (US: 25.9%).

Source: U.S. Census Bureau · saved copy

How Franklin compares with other cities in the United States

Residents below the poverty line (2020-2024)

Franklin ranks 789 of 823, highest first.

RankCityResidents below the poverty line
786Celina4.7%
787Livonia4.7%
788Edina4.7%
789Franklin4.6%
790Eden Prairie4.6%
791Newton4.5%
792Dublin4.5%
Source: U.S. Census Bureau · saved copy

Children under 18 below the poverty line (2020-2024)

Franklin ranks 796 of 823, highest first.

RankCityChildren under 18 below the poverty line
793San Ramon3.6%
794Troy3.6%
795Queen Creek3.6%
796Franklin3.6%
797Eagle Mountain3.6%
798Naperville3.6%
799Royal Oak3.4%
Source: U.S. Census Bureau · saved copy

Residents with incomes below half the poverty line (2020-2024)

Franklin ranks 805 of 823, highest first.

RankCityResidents with incomes below half the poverty line
802Westfield2.2%
803Livonia2.1%
804Frisco2.1%
805Franklin2.1%
806Queen Creek2.1%
807Eden Prairie2.0%
808Centennial2.0%
Source: U.S. Census Bureau · saved copy

Renting households spending 30% or more of income on rent (2020-2024)

Franklin ranks 648 of 823, highest first.

RankCityRenting households spending 30% or more of income on rent
645Dothan47.1%
646Centennial47.1%
647Union City47.1%
648Franklin47.1%
649Hoover47.0%
650Edinburg47.0%
651Conway46.9%
Source: U.S. Census Bureau · saved copy

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Sources

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