Franklin, MIPublished Date: December 23, 2024Franklin is located in Oakland County, Michigan and has a population of 2,653. The poverty rate in Franklin is 2.7% and is lower than the US poverty rate of 11.5%. The U.S. poverty level for a family of four in 2023 is $31,200. The unemployment rate in Franklin is 2% while the Oakland County unemployment rate is 4.8%.
| | Population | |
|---|
| Male | | 49.1% |
| Female | | 50.9% |
| | Median Age (city/county) | |
|---|
| Franklin | | 48.3 |
| Oakland | | 41.1 |
| | Median Household Income (city/county) | |
|---|
| Franklin | | $178,167 |
| Oakland | | $92,620 |
| | Median Home Value (city/county) | |
|---|
| Franklin | | $724,813 |
| Oakland | | $303,465 |
| | Median Rent (city/county) | |
|---|
| Franklin | | $3,343 |
| Oakland | | $1,243 |
| | Poverty Rate (city/county) | |
|---|
| Franklin | | 2.7% |
| Oakland | | 7.7% |
Races and Ethnicity
▩ White 72.4%
▩ Black or African American 14.4%
▩ Asian 6.6%
▩ Native 0%
▩ Pacific 0%
▩ Other 0.5%
▩ Hispanic 5.8%
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