Franklin County KY Information

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Franklin County Subdivisions

Franklin County KY Data & Demographics (As of July 1, 2016)

POPULATION

Total Population 50,533
Population in Households 48,622
Population in Familes 37,485
Population in Group Qrtrs 1,911
Population Density1 243
Diversity Index2 35
 

HOUSEHOLDS

Total Households 21,271
Average Household Size 2.29
Family Households 13,058
Average Family Size 3

HOUSING

Total Housing Units 23,722 (100%)
Owner Occupied HU 13,072 (55.1%)
Renter Occupied HU 8,199 (34.6%)
Vacant Housing Units 2,451 (10.3%)
Median Home Value $147,909
Average Home Value $187,096
 

INCOME

Median Household Income $47,560
Average Household Income $61,888
Per Capita Income $26,613
  (Compound Annual Growth Rates)

GROWTH RATES

2010-2015 2015-2020
Population 0.4% 0.45%
Households 0.47% 0.47%
Families 0.21% 0.31%
Median Household Income   2.54%
Per Capita Income   1.98%
1) Population Density = Total Population per square mile.
2) The Diversity Index is a scale of 0 to 100 that represents the likelyhood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
Based on Census 2010 counts, the Diversity Index for the United States was 60.6 and it is expected to increase to 64.8 by July 1, 2018.

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Franklin County KY - Peer Comparisons by Rank and Percentile

The table below compares Franklin County to the other 120 counties and county equivalents in Kentucky by rank and percentile using July 1, 2016 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 19 85th
Population Density1 # 11 92nd
Diversity Index2 # 8 94th
Median Household Income # 19 85th
Per Capita Income # 11 92nd

Additional comparisons and rankings can be made with a VERY EASY TO USE Kentucky Census Data Comparison Tool.