Franklin, Tennessee - Dental Demographics - Income


Franklin, Tennessee - Dental Demographics - Income


Want comprehensive data on dentist to population ratios?


A Denali Demographic Study looks at the information in demographic reports like historical data, market saturation, growth drivers, and dental specific statistics, and interprets all these dental demographics to provide a viability ranking that other demographic reports typically don’t provide.

Get a custom study for as little as $399



Income



Median household income is $73,445 and per capita income is $40,980 in Franklin. Median income is above the U.S. median income. Average household income is $106,601 per year. Franklin's per capita income is well above the state of Tennessee and above the U.S. The percentage of households with an average income is 0.0%. Additionally, 21.2% of the population earns over $150,000. The percentage of the population at poverty level (below $25,000) is 14.8% and is well below Tennessee and above the US poverty levels. The unemployment rate is low overall at 3.7%. White-collar professions account for 74.0% of employment. Service occupations comprise 14.8% of the employment base while blue-collar occupations make up 11.3% of the base.


Table #2 Significant Demographic Characteristics - Page 3

Demographic Analysis for Franklin, Tennessee
Franklin, TennesseeTennesseeUnited States
Demographic CharacteristicFranklin
Tennessee
Latitude / Longitude:35.925064, -86.86889
Radius2 miles3 miles
INCOME
Per capita income$40,980$45,972$30,716$35,106
Median household income$73,445$88,834$55,276$64,730
Average household income$106,601$119,858$77,818$92,435
HOUSEHOLD INCOME BREAKDOWN
Less than $25,00014.8%12.1%20.8%18.0%
$25,000 - $34,9998.9%6.7%10.0%8.4%
$35,000 - $49,99911.3%9.4%14.0%11.9%
$50,000 - $74,99915.8%14.5%18.4%17.3%
$75,000 - $99,99910.3%11.8%12.6%12.8%
$100,000 - $149,99917.7%19.3%13.7%15.8%
$150,000 - $199,9998.8%10.8%5.1%7.2%
$200,000 or more12.4%15.3%5.4%8.5%
     $50,000 - $99,99926.1%26.3%31.1%30.2%
     Number of Households $50,000 - $99,9992,7845,198859,19838,157,088
     $35,000 - $149,99955.1%55.0%58.7%57.9%
     Number of Households $35,000 - $149,9995,87610,8811,624,33173,193,488
EMPLOYMENT STATUS
Persons employed in labor force15,20727,9673,349,860157,284,361
Unemployed civilians3.7%3.1%5.5%6.2%
Workers By Occupation:
     Management Occupations24.7%27.6%16.1%17.9%
     Professional Occupations23.7%27.5%22.7%24.8%
     Sales Occupations13.0%11.9%9.5%9.3%
     Admin Occupations12.5%10.8%11.7%11.2%
     Services14.8%12.6%14.7%15.1%
     All Other Occupations/Blue Collar11.3%9.5%25.2%21.8%


Median Household Income by Census Tract

Franklin, Tennessee - Median Household Income by Census Tract
Median Household Income by Census Tract

 $130k to $156k
 $119k to $130k
 $100k to $119k
 $75k to $100k
 $59k to $75k
1.Franklin