Franklin is a city in Kentucky state in USA with a population of 8909 residents.. The poverty rate of Franklin is 14.9%, which is 6% higher than national average. The typical household in Franklin earns $45983 a year, compared to the national median of $67,500. Nearly 54.6% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Franklin, only 85% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Franklin remained 7.8%, which is 66% higher than national rate. Nearly 2 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Franklin, only 11% of adults have a bachelor's degree and 29% have some college but no degree.

Cost of living in Franklin is 86, which is 14% lower than national average. Median home value in Franklin is $120900 , which is 47% lower than national average. While median income in Franklin remained $45983, which is 32% lower than national average.