Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 43.0 yrs |
|---|---|
| Avg HH Size | 2.52 |
| Below Poverty | 6.6% ▼ 34% below avg |
| College Grads | 56.3% ▲ 45% above avg |
| Unemployment | 3.5% ▼ 28% below avg |
| No HS Diploma | 71 (0.3%) |
| HS Graduate | 5,682 (23.8%) |
| Some College | 1,904 (8%) |
| Associates | 2,769 (11.6%) |
| Bachelors | 2,420 (10.1%) |
| Graduate Degree | 11,034 (46.2%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $110,656 ▲ 45% above avg |
|---|---|
| Median Home Value | $345,600 ▲ 24% above avg |
| Home/Income Ratio | 3.1x (nat avg ~3.5x) |
| Median Rent | $1,380/mo |
| Total Housing Units | 14,073 |
| Vacant Units | 371 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Franklin is a city in Wisconsin, located in Milwaukee County. The city spans 1 ZIP code and is home to approximately 35,272 residents. It is a middle-aged city, with a median age of 43 years.
Economically, Franklin is a upper-middle-income community. The median household income of $110,656 is above the national average. Approximately 6.6% of residents live below the poverty line. The unemployment rate is 3.5%, below the national average.
The real estate market in Franklin is a mid-range housing market. Median home values stand at $345,600, which is above the national average. Renters typically pay around $1,380 per month. Homeownership is high at 78.8%, typical of suburban and family-oriented communities.
The population of Franklin is well-educated. 56.3% of adults hold a bachelor's degree or higher — above the national average. The community is primarily White (82.01%).
Franklin, WI offers residents above-average earning potential within Wisconsin.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 53132 | 35,272 | $110,656 | $345,600 | $1,380 | 3.5% | 56.3% | 78.8% |