Franklin, Tennessee - Dental Demographics - Income
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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.
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Demographic Analysis for Franklin, Tennessee
| Franklin, Tennessee | Tennessee | United States | |||
| Demographic Characteristic | Franklin | ||||
| Tennessee | |||||
| Latitude / Longitude: | 35.925064, -86.86889 | ||||
| Radius | 2 miles | 3 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 $25,000 | 14.8% | 12.1% | 20.8% | 18.0% | |
| $25,000 - $34,999 | 8.9% | 6.7% | 10.0% | 8.4% | |
| $35,000 - $49,999 | 11.3% | 9.4% | 14.0% | 11.9% | |
| $50,000 - $74,999 | 15.8% | 14.5% | 18.4% | 17.3% | |
| $75,000 - $99,999 | 10.3% | 11.8% | 12.6% | 12.8% | |
| $100,000 - $149,999 | 17.7% | 19.3% | 13.7% | 15.8% | |
| $150,000 - $199,999 | 8.8% | 10.8% | 5.1% | 7.2% | |
| $200,000 or more | 12.4% | 15.3% | 5.4% | 8.5% | |
| $50,000 - $99,999 | 26.1% | 26.3% | 31.1% | 30.2% | |
| Number of Households $50,000 - $99,999 | 2,784 | 5,198 | 859,198 | 38,157,088 | |
| $35,000 - $149,999 | 55.1% | 55.0% | 58.7% | 57.9% | |
| Number of Households $35,000 - $149,999 | 5,876 | 10,881 | 1,624,331 | 73,193,488 | |
| EMPLOYMENT STATUS | |||||
| Persons employed in labor force | 15,207 | 27,967 | 3,349,860 | 157,284,361 | |
| Unemployed civilians | 3.7% | 3.1% | 5.5% | 6.2% | |
| Workers By Occupation: | |||||
| Management Occupations | 24.7% | 27.6% | 16.1% | 17.9% | |
| Professional Occupations | 23.7% | 27.5% | 22.7% | 24.8% | |
| Sales Occupations | 13.0% | 11.9% | 9.5% | 9.3% | |
| Admin Occupations | 12.5% | 10.8% | 11.7% | 11.2% | |
| Services | 14.8% | 12.6% | 14.7% | 15.1% | |
| All Other Occupations/Blue Collar | 11.3% | 9.5% | 25.2% | 21.8% | |