Population

Franklin's current population is 28,303 people with 10,660 households within this smaller 2 mile radius. This area experienced positive population growth of 15.5% from 2010-2020. This area is projected to grow another 11.5% over the next five years. This is higher than the national average.

The median age of the population in this area is 38.7 which is slightly below the state average of 40.0 years old. This area has an average household size of 2.62 persons. This area is family centric with 67.0% of the households being family households and with 36.8% having children in the home and 19.9% of the population being under 15 and an additional 12.1% being under 24. Another 26.1% of this area’s population is between 25 and 44 years of age and 25.9% between 45-64 years old leaving 16.1% of the population over 65 years old. These last two age groups are target age groups for dentures, partials, crowns, and other restorative work. Franklin has a daytime employee population of 14,601 versus a permanent population of 28,303 meaning the daytime employee population is 51.6% of the permanent population living in the area and 53.0% of the total daytime population.

In this area, 49.9% of the population either holds a bachelor's degree or higher educational degree. Franklin is higher than the state and US average.

The dominant racial and ethnic groups of the population in the Franklin area are White 69.7%, Black 14.2%, Asian 3.4%, 9.4% other races and 18.3% Hispanic or Latino of any race.

Overall these population demographics are favorable indicators for an adult general practice dental office.

Table #2 Significant Demographic Characteristics

		Franklin, Tennessee		Tennessee	United States
Demographic Characteristic		Franklin
		Tennessee
Latitude / Longitude:		35.925064, -86.86889
Radius		2 miles	3 miles
POPULATION
Population 2021		28,303	51,583	7,025,037	333,934,112
2010 Total Population		24,282	43,652	6,356,717	309,121,785
2020 Total Population		28,052	51,331	6,944,726	332,502,844
Projected Total Population 2026		31,562	58,053	7,343,345	345,887,495
Population Change, 2010 - 2020		15.5%	17.6%	9.3%	7.6%
Annual Population Change Rate, 2021 - 2026		2.2%	2.4%	0.9%	0.7%
POPULATION AGE BREAKDOWN
Median Age		38.7	39.0	40.0	38.8
Under 4 years old		6.3%	6.1%	5.7%	5.9%
5 - 9 years old		6.8%	7.0%	6.0%	6.1%
10 - 14 years old		6.9%	7.4%	6.1%	6.2%
15 - 24 years old		12.1%	11.8%	12.1%	12.8%
25 - 44 years old		26.1%	25.9%	26.4%	26.8%
Number of Adults 25-44		7,378	13,344	1,853,314	89,400,051
45 - 64 years old		25.9%	26.6%	25.8%	25.0%
Number of Adults 45-64		7,324	13,738	1,811,721	83,512,738
65 years and over		16.1%	15.2%	18.0%	17.3%
Number of Adults 65 years and older		4,550	7,833	1,261,124	57,652,490
0 - 14 years old		19.9%	20.5%	17.8%	18.2%
Number of Children 0-14 years old		5,631	10,585	1,249,735	60,698,912

NOTE: All percentages are rounded. ESRI data pulled as of September 25, 2021. Data showing future dates are projections.

Highlighted fields signify favorable characteristics on a comparison basis with the other locations listed and/or national averages